BlackRock Enhanced International Dividend Trust
BGY
79 hedge funds and large institutions have $244M invested in BlackRock Enhanced International Dividend Trust in 2014 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 29 increasing their positions, 25 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
16% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 25
6% more capital invested
Capital invested by funds: $229M → $244M (+$14.2M)
4% more funds holding
Funds holding: 76 → 79 (+3)
1.83% more ownership
Funds ownership: 25.66% → 27.49% (+1.8%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.45M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$4.82M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$3.13M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$2.59M |
| 5 |
JWM
Jacobus Wealth Management
Milwaukee,
Wisconsin
|
+$2.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$2.48M |
| 2 |
SG Americas Securities
New York
|
-$1.34M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.05M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$567K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$496K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NES
76
New England Securities
New York
| $4K | – | – | – |
|
|
HCM
77
Highlander Capital Management
Short Hills,
New Jersey
| $3.83K | – | – | – |
|
78
US Bancorp
Minneapolis,
Minnesota
| $3K | -$20.8K | -2,562 | -86% |
|
79
Creative Planning
Overland Park,
Kansas
| $2K | -$12.3K | -1,519 | -88% |
|
|
80
SG Americas Securities
New York
| – | -$1.34M | -164,565 | Closed |
|
|
SFS
81
Shaker Financial Services
Arlington,
Virginia
| – | -$496K | -61,034 | Closed |
|
|
VAM
82
Visium Asset Management
New York
| – | -$440K | -54,161 | Closed |
|
|
TC
83
TFS Capital
West Chester,
Pennsylvania
| – | -$184K | -22,663 | Closed |
|
|
HNB
84
Huntington National Bank
Columbus,
Ohio
| – | -$27K | -3,365 | Closed |
|
BGY Hedge Fund Activity: Q1 2014 in Review
79 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced International Dividend Trust (BGY) for Q1 2014, worth a combined $244M — up 6.2% from $229M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BGY positions and 5 closed out — a net gain of 3 holders — while 29 added to existing stakes and 25 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $6.45M. The largest seller was Cornerstone Advisors, cutting an estimated $2.48M.
- 79 institutional investors held BlackRock Enhanced International Dividend Trust (BGY) as of Q1 2014, up from 76 in Q4 2013.
- Funds reported $244M of BlackRock Enhanced International Dividend Trust stock for Q1 2014, up 6.2% quarter-over-quarter.
- 8 funds opened new BlackRock Enhanced International Dividend Trust positions in Q1 2014 and 5 closed out, a net change of +3 holders.
- The largest BlackRock Enhanced International Dividend Trust buyer in Q1 2014 was Morgan Stanley, an estimated $6.45M added.
- The largest BlackRock Enhanced International Dividend Trust seller in Q1 2014 was Cornerstone Advisors, an estimated $2.48M sold.
Based on aggregated 13F filings for Q1 2014.