BlackRock Enhanced International Dividend Trust
BGY
77 hedge funds and large institutions have $176M invested in BlackRock Enhanced International Dividend Trust in 2016 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 22 increasing their positions, 26 reducing their positions, and 10 closing their positions.
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
4% more funds holding
Funds holding: 74 → 77 (+3)
0.66% less ownership
Funds ownership: 28.55% → 27.89% (-0.66%)
4% less capital invested
Capital invested by funds: $184M → $176M (-$7.3M)
15% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.02M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$852K |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$712K |
| 4 |
OFG
OTA Financial Group
Purchase,
New York
|
+$497K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$460K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.2M |
| 2 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
-$1.59M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$920K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$875K |
| 5 |
LPL Financial
San Diego,
California
|
-$805K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $3K | +$2.77K | +474 | New |
|
|
SCM
77
Southport Capital Management
Chattanooga,
Tennessee
| $2K | +$1.89K | +324 | New |
|
|
PPA
78
Parametric Portfolio Associates
Seattle,
Washington
| – | -$920K | -155,398 | Closed |
|
79
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$200K | -33,729 | Closed |
|
|
AIG
80
American International Group
New York
| – | -$118K | -19,749 | Closed |
|
|
TC
81
TFS Capital
West Chester,
Pennsylvania
| – | -$98K | -16,591 | Closed |
|
82
Northern Trust
Chicago,
Illinois
| – | -$87K | -14,635 | Closed |
|
|
FAM
83
Formidable Asset Management
Cincinnati,
Ohio
| – | -$15K | -2,711 | Closed |
|
|
DBT
84
Dubuque Bank & Trust
Dubuque,
Iowa
| – | -$13K | -2,150 | Closed |
|
|
AF
85
Arrow Financial
Glens Falls,
New York
| – | -$12K | -2,016 | Closed |
|
86
SEI Investments
Oaks,
Pennsylvania
| – | -$8K | -1,350 | Closed |
|
|
TFA
87
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$3K | -462 | Closed |
|
BGY Hedge Fund Activity: Q2 2016 in Review
77 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced International Dividend Trust (BGY) for Q2 2016, worth a combined $176M — down 4% from $184M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BGY positions and 10 closed out — a net gain of 3 holders — while 22 added to existing stakes and 26 trimmed.
The largest buyer was Wells Fargo, adding an estimated $3.02M. The largest seller was Morgan Stanley, cutting an estimated $4.2M.
- 77 institutional investors held BlackRock Enhanced International Dividend Trust (BGY) as of Q2 2016, up from 74 in Q1 2016.
- Funds reported $176M of BlackRock Enhanced International Dividend Trust stock for Q2 2016, down 4% quarter-over-quarter.
- 13 funds opened new BlackRock Enhanced International Dividend Trust positions in Q2 2016 and 10 closed out, a net change of +3 holders.
- The largest BlackRock Enhanced International Dividend Trust buyer in Q2 2016 was Wells Fargo, an estimated $3.02M added.
- The largest BlackRock Enhanced International Dividend Trust seller in Q2 2016 was Morgan Stanley, an estimated $4.2M sold.
Based on aggregated 13F filings for Q2 2016.