BlackRock Enhanced International Dividend Trust
BGY
76 hedge funds and large institutions have $229M invested in BlackRock Enhanced International Dividend Trust in 2013 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 23 increasing their positions, 22 reducing their positions, and 5 closing their positions.
180% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 5
19% more capital invested
Capital invested by funds: $192M → $229M (+$36.9M)
12% more funds holding
Funds holding: 68 → 76 (+8)
2.93% more ownership
Funds ownership: 22.72% → 25.66% (+2.9%)
5% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 22
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$6.84M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$4.14M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.08M |
| 4 |
JWM
Jacobus Wealth Management
Milwaukee,
Wisconsin
|
+$2.85M |
| 5 |
Morgan Stanley
New York
|
+$2.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1.12M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$855K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$562K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$407K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$384K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCM
76
Highlander Capital Management
Short Hills,
New Jersey
| $3.86K | – | – | – |
|
77
Nomura Holdings
Tokyo,
Japan
| – | -$302K | -39,074 | Closed |
|
78
Comerica Bank
Dallas,
Texas
| – | -$228K | -29,679 | Closed |
|
79
Jane Street
New York
| – | -$97K | -12,605 | Closed |
|
80
Ameriprise
Minneapolis,
Minnesota
| – | -$85K | -10,986 | Closed |
|
|
WF
81
WealthTrust Fairport
Cleveland,
Ohio
| – | -$15K | -1,915 | Closed |
|
BGY Hedge Fund Activity: Q4 2013 in Review
76 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced International Dividend Trust (BGY) for Q4 2013, worth a combined $229M — up 19% from $192M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new BGY positions and 5 closed out — a net gain of 9 holders — while 23 added to existing stakes and 22 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $6.84M. The largest seller was Cornerstone Advisors, cutting an estimated $1.12M.
- 76 institutional investors held BlackRock Enhanced International Dividend Trust (BGY) as of Q4 2013, up from 68 in Q3 2013.
- Funds reported $229M of BlackRock Enhanced International Dividend Trust stock for Q4 2013, up 19% quarter-over-quarter.
- 14 funds opened new BlackRock Enhanced International Dividend Trust positions in Q4 2013 and 5 closed out, a net change of +9 holders.
- The largest BlackRock Enhanced International Dividend Trust buyer in Q4 2013 was Advisors Asset Management, an estimated $6.84M added.
- The largest BlackRock Enhanced International Dividend Trust seller in Q4 2013 was Cornerstone Advisors, an estimated $1.12M sold.
Based on aggregated 13F filings for Q4 2013.