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BlackRock Floating Rate Income Trust
BGT

58 hedge funds and large institutions have $78M invested in BlackRock Floating Rate Income Trust in 2024 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 22 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 5

5% more funds holding

Funds holding: 55 → 58 (+3)

5% more capital invested

Capital invested by funds: $74.3M → $78M (+$3.76M)

1.46% more ownership

Funds ownership: 25.52% → 26.97% (+1.5%)

27% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 22

Holders
58
Holders Change
+3
Holders Change %
+5.45%
% of All Funds
0.76%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
8
Increased
16
Reduced
22
Closed
5
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
GC
Guggenheim Capital
Illinois
+$3.57M
2
LPL Financial
LPL Financial
California
+$1.03M
3
PCM
Penserra Capital Management
California
+$603K
4
Morgan Stanley
Morgan Stanley
New York
+$377K
5
LSIA
LaSalle St. Investment Advisors
Illinois
+$303K

Top Sellers

Rank Fund Capital Flow
1
WW
Waterfront Wealth
Kansas
-$765K
2
KAS
Kestra Advisory Services
Texas
-$745K
3
CI
Conning Inc
Connecticut
-$353K
4
Cohen & Steers
Cohen & Steers
New York
-$308K
5
AWS
Atria Wealth Solutions
New York
-$303K
Name Holding Trade Value Shares
Change 		Change in
Stake
GC
1
Guggenheim Capital
Illinois
$12.6M +$3.57M +273,835 +39%
PCM
2
Penserra Capital Management
California
$8.83M +$603K +46,236 +7%
Morgan Stanley
3
Morgan Stanley
New York
$8.33M +$377K +28,910 +5%
Ameriprise
4
Ameriprise
Minnesota
$8.11M -$157K -12,018 -2%
LPL Financial
5
LPL Financial
California
$6.25M +$1.03M +78,573 +19%
UBS Group
6
UBS Group
Switzerland
$5.55M -$163K -12,504 -3%
AAM
7
Advisors Asset Management
Colorado
$4.81M +$2.82K +216 +0.1%
Invesco
8
Invesco
Georgia
$4.04M -$97.9K -7,504 -2%
GL
9
Graypoint LLC
New York
$2.5M +$69.4K +5,320 +3%
Baird Financial Group
10
Baird Financial Group
Wisconsin
$1.56M -$140K -10,760 -8%
MML Investors Services
11
MML Investors Services
Massachusetts
$1.27M +$21.2K +1,626 +2%
MWM
12
Melfa Wealth Management
Massachusetts
$1.11M -$123K -9,414 -10%
Cohen & Steers
13
Cohen & Steers
New York
$1.03M -$308K -23,605 -23%
Wells Fargo
14
Wells Fargo
California
$920K -$22.3K -1,711 -2%
Bank of America
15
Bank of America
North Carolina
$885K -$13.7K -1,048 -1%
VEA
16
Virtus ETF Advisers
New York
$743K +$111K +8,485 +17%
Raymond James Financial
17
Raymond James Financial
Florida
$705K +$715K +54,810 New
Osaic Holdings
18
Osaic Holdings
Arizona
$664K +$152K +11,626 +29%
PMG
19
ProVise Management Group
Florida
$604K -$56.8K -4,351 -8%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$534K +$9.25K +709 +2%
PA
21
Pinnacle Associates
New York
$482K +$37.9K +2,908 +8%
AAS
22
Avantax Advisory Services
Texas
$424K +$162K +12,447 +61%
GRP
23
Global Retirement Partners
California
$420K -$47.4K -3,632 -10%
Cambridge Investment Research Advisors
24
Cambridge Investment Research Advisors
Iowa
$418K -$51.1K -3,920 -11%
SCA
25
Snowden Capital Advisors
New York
$356K +$4.13K +317 +1%
1
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BGT Hedge Fund Activity: Q4 2024 in Review

58 of the 7,593 institutional investors tracked by Wall St. Rank reported a position in BlackRock Floating Rate Income Trust (BGT) for Q4 2024, worth a combined $78M — up 5.1% from $74.3M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new BGT positions and 5 closed out — a net gain of 3 holders — while 16 added to existing stakes and 22 trimmed.

The largest buyer was Guggenheim Capital, adding an estimated $3.57M. The largest seller was Waterfront Wealth, cutting an estimated $765K.

  • 58 institutional investors held BlackRock Floating Rate Income Trust (BGT) as of Q4 2024, up from 55 in Q3 2024.
  • Funds reported $78M of BlackRock Floating Rate Income Trust stock for Q4 2024, up 5.1% quarter-over-quarter.
  • 8 funds opened new BlackRock Floating Rate Income Trust positions in Q4 2024 and 5 closed out, a net change of +3 holders.
  • The largest BlackRock Floating Rate Income Trust buyer in Q4 2024 was Guggenheim Capital, an estimated $3.57M added.
  • The largest BlackRock Floating Rate Income Trust seller in Q4 2024 was Waterfront Wealth, an estimated $765K sold.

Based on aggregated 13F filings for Q4 2024.