BlackRock Enhanced International Dividend Trust
BGY
86 hedge funds and large institutions have $179M invested in BlackRock Enhanced International Dividend Trust in 2020 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 26 increasing their positions, 29 reducing their positions, and 13 closing their positions.
38% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 13
4% more funds holding
Funds holding: 83 → 86 (+3)
1.74% more ownership
Funds ownership: 35.3% → 37.04% (+1.7%)
10% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 29
20% less capital invested
Capital invested by funds: $224M → $179M (-$44.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$10.9M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$4.66M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$3.25M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$825K |
| 5 |
Rockefeller Capital Management
New York
|
+$644K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$5.63M |
| 2 |
Morgan Stanley
New York
|
-$2.2M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$816K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$806K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$783K |
BGY Hedge Fund Activity: Q1 2020 in Review
86 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced International Dividend Trust (BGY) for Q1 2020, worth a combined $179M — down 20% from $224M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new BGY positions and 13 closed out — a net gain of 5 holders — while 26 added to existing stakes and 29 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $10.9M. The largest seller was City of London Investment Management, cutting an estimated $5.63M.
- 86 institutional investors held BlackRock Enhanced International Dividend Trust (BGY) as of Q1 2020, up from 83 in Q4 2019.
- Funds reported $179M of BlackRock Enhanced International Dividend Trust stock for Q1 2020, down 20% quarter-over-quarter.
- 18 funds opened new BlackRock Enhanced International Dividend Trust positions in Q1 2020 and 13 closed out, a net change of +5 holders.
- The largest BlackRock Enhanced International Dividend Trust buyer in Q1 2020 was Karpus Investment Management, an estimated $10.9M added.
- The largest BlackRock Enhanced International Dividend Trust seller in Q1 2020 was City of London Investment Management, an estimated $5.63M sold.
Based on aggregated 13F filings for Q1 2020.