BlackRock Enhanced International Dividend Trust
BGY
76 hedge funds and large institutions have $182M invested in BlackRock Enhanced International Dividend Trust in 2014 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 25 increasing their positions, 17 reducing their positions, and 8 closing their positions.
100% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 8
47% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 17
10% more funds holding
Funds holding: 69 → 76 (+7)
0.73% more ownership
Funds ownership: 23.86% → 24.59% (+0.73%)
8% less capital invested
Capital invested by funds: $197M → $182M (-$15.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$4.85M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$2.99M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$1.55M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.31M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$1.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JWM
Jacobus Wealth Management
Milwaukee,
Wisconsin
|
-$3.17M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.02M |
| 3 |
Barclays
London,
United Kingdom
|
-$1.73M |
| 4 |
Morgan Stanley
New York
|
-$1.48M |
| 5 |
Lazard Asset Management
New York
|
-$1.43M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BRWA
76
B. Riley Wealth Advisors
Boca Raton,
Florida
| $186 | -$31.9K | -4,462 | -14% |
|
|
77
Barclays
London,
United Kingdom
| – | -$1.73M | -247,453 | Closed |
|
78
AQR Capital Management
Greenwich,
Connecticut
| – | -$927K | -123,172 | Closed |
|
|
SFS
79
Shaker Financial Services
Arlington,
Virginia
| – | -$618K | -82,060 | Closed |
|
|
SKK
80
Shepherd Kaplan Krochuk
Boston,
Massachusetts
| – | -$546K | -72,550 | Closed |
|
|
GGPS
81
Gary Goldberg Planning Services
Suffern,
New York
| – | -$147K | -19,496 | Closed |
|
|
CBU
82
CIBC Bank USA
Chicago,
Illinois
| – | -$96K | -12,765 | Closed |
|
|
ONB
83
Old National Bancorp
Evansville,
Indiana
| – | -$75K | -10,000 | Closed |
|
|
TRCT
84
Tower Research Capital (TRC)
New York
| – | -$60K | -8,000 | Closed |
|
BGY Hedge Fund Activity: Q4 2014 in Review
76 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced International Dividend Trust (BGY) for Q4 2014, worth a combined $182M — down 7.8% from $197M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new BGY positions and 8 closed out — a net gain of 8 holders — while 25 added to existing stakes and 17 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $4.85M. The largest seller was Jacobus Wealth Management, cutting an estimated $3.17M.
- 76 institutional investors held BlackRock Enhanced International Dividend Trust (BGY) as of Q4 2014, up from 69 in Q3 2014.
- Funds reported $182M of BlackRock Enhanced International Dividend Trust stock for Q4 2014, down 7.8% quarter-over-quarter.
- 16 funds opened new BlackRock Enhanced International Dividend Trust positions in Q4 2014 and 8 closed out, a net change of +8 holders.
- The largest BlackRock Enhanced International Dividend Trust buyer in Q4 2014 was Karpus Investment Management, an estimated $4.85M added.
- The largest BlackRock Enhanced International Dividend Trust seller in Q4 2014 was Jacobus Wealth Management, an estimated $3.17M sold.
Based on aggregated 13F filings for Q4 2014.