BlackRock Enhanced International Dividend Trust
BGY
90 hedge funds and large institutions have $228M invested in BlackRock Enhanced International Dividend Trust in 2023 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 33 increasing their positions, 28 reducing their positions, and 10 closing their positions.
18% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 28
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
1% more funds holding
Funds holding: 89 → 90 (+1)
1.06% more ownership
Funds ownership: 39.2% → 40.25% (+1.1%)
4% more capital invested
Capital invested by funds: $220M → $228M (+$8.22M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$7.7M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$2.4M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.16M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$848K |
| 5 |
HH
Hilltop Holdings
Dallas,
Texas
|
+$811K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.74M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$2.57M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$901K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$866K |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$862K |
BGY Hedge Fund Activity: Q2 2023 in Review
90 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced International Dividend Trust (BGY) for Q2 2023, worth a combined $228M — up 3.7% from $220M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new BGY positions and 10 closed out — a net gain of 1 holder — while 33 added to existing stakes and 28 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $7.7M. The largest seller was Morgan Stanley, cutting an estimated $2.74M.
- 90 institutional investors held BlackRock Enhanced International Dividend Trust (BGY) as of Q2 2023, up from 89 in Q1 2023.
- Funds reported $228M of BlackRock Enhanced International Dividend Trust stock for Q2 2023, up 3.7% quarter-over-quarter.
- 11 funds opened new BlackRock Enhanced International Dividend Trust positions in Q2 2023 and 10 closed out, a net change of +1 holder.
- The largest BlackRock Enhanced International Dividend Trust buyer in Q2 2023 was Saba Capital Management, an estimated $7.7M added.
- The largest BlackRock Enhanced International Dividend Trust seller in Q2 2023 was Morgan Stanley, an estimated $2.74M sold.
Based on aggregated 13F filings for Q2 2023.