BlackRock Enhanced International Dividend Trust
BGY
70 hedge funds and large institutions have $209M invested in BlackRock Enhanced International Dividend Trust in 2017 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 22 increasing their positions, 23 reducing their positions, and 14 closing their positions.
2% less capital invested
Capital invested by funds: $212M → $209M (-$3.63M)
4% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 23
2.9% less ownership
Funds ownership: 33.34% → 30.44% (-2.9%)
8% less funds holding
Funds holding: 76 → 70 (-6)
43% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$7.28M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$5.84M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$798K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$601K |
| 5 |
JWM
Jacobus Wealth Management
Milwaukee,
Wisconsin
|
+$228K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$12.4M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$3.74M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$3.25M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.95M |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$2.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
LPL Financial
San Diego,
California
| – | -$1.24M | -214,874 | Closed |
|
77
Millennium Management
New York
| – | -$980K | -169,182 | Closed |
|
78
Lazard Asset Management
New York
| – | -$859K | -148,374 | Closed |
|
|
NMC
79
Nine Masts Capital
Central,
Hong Kong
| – | -$570K | -98,500 | Closed |
|
|
LCM
80
Landscape Capital Management
Englewood,
New Jersey
| – | -$546K | -94,286 | Closed |
|
|
PFS
81
Prospera Financial Services
Dallas,
Texas
| – | -$153K | -26,475 | Closed |
|
|
CWM
82
Concert Wealth Management
San Jose,
California
| – | -$62K | -11,131 | Closed |
|
|
AWM
83
AllSquare Wealth Management
Albany,
New York
| – | -$12K | -2,000 | Closed |
|
|
AA
84
Apriem Advisors
Irvine,
California
| – | -$3K | -500 | Closed |
|
85
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$3K | -466 | Closed |
|
BGY Hedge Fund Activity: Q2 2017 in Review
70 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced International Dividend Trust (BGY) for Q2 2017, worth a combined $209M — down 1.7% from $212M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of BGY and 8 opened new positions — a net loss of 6 holders — while 23 trimmed existing stakes and 22 added.
The largest buyer was Morgan Stanley, adding an estimated $7.28M. The largest seller was Karpus Investment Management, cutting an estimated $12.4M.
- 70 institutional investors held BlackRock Enhanced International Dividend Trust (BGY) as of Q2 2017, down from 76 in Q1 2017.
- Funds reported $209M of BlackRock Enhanced International Dividend Trust stock for Q2 2017, down 1.7% quarter-over-quarter.
- 8 funds opened new BlackRock Enhanced International Dividend Trust positions in Q2 2017 and 14 closed out, a net change of -6 holders.
- The largest BlackRock Enhanced International Dividend Trust buyer in Q2 2017 was Morgan Stanley, an estimated $7.28M added.
- The largest BlackRock Enhanced International Dividend Trust seller in Q2 2017 was Karpus Investment Management, an estimated $12.4M sold.
Based on aggregated 13F filings for Q2 2017.