BlackRock Enhanced International Dividend Trust
BGY
65 hedge funds and large institutions have $213M invested in BlackRock Enhanced International Dividend Trust in 2017 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 26 increasing their positions, 16 reducing their positions, and 16 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 16
2% more capital invested
Capital invested by funds: $209M → $213M (+$4.04M)
0.73% less ownership
Funds ownership: 30.44% → 29.72% (-0.73%)
7% less funds holding
Funds holding: 70 → 65 (-5)
31% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.62M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.45M |
| 3 |
EDRIA
Edmonds Duncan Registered Investment Advisors
Lawrence,
Kansas
|
+$1.44M |
| 4 |
FC
FCA Corp
Houston,
Texas
|
+$261K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$161K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$4.65M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$4.05M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$913K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$822K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$773K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$20.8K | -3,249 | -99% |
|
|
VWA
77
V Wealth Advisors
Overland Park,
Kansas
| – | -$13K | -2,000 | Closed |
|
|
MA
78
MUFG Americas
New York
| – | -$9K | -1,505 | Closed |
|
79
Creative Planning
Overland Park,
Kansas
| – | -$6K | -897 | Closed |
|
|
HCM
80
Highlander Capital Management
Short Hills,
New Jersey
| – | -$3K | -475 | Closed |
|
|
ASN
81
Advisory Services Network
Atlanta,
Georgia
| – | -$2K | -264 | Closed |
|
BGY Hedge Fund Activity: Q3 2017 in Review
65 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced International Dividend Trust (BGY) for Q3 2017, worth a combined $213M — up 1.9% from $209M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of BGY and 11 opened new positions — a net loss of 5 holders — while 16 trimmed existing stakes and 26 added.
The largest buyer was Morgan Stanley, adding an estimated $5.62M. The largest seller was Karpus Investment Management, cutting an estimated $4.65M.
- 65 institutional investors held BlackRock Enhanced International Dividend Trust (BGY) as of Q3 2017, down from 70 in Q2 2017.
- Funds reported $213M of BlackRock Enhanced International Dividend Trust stock for Q3 2017, up 1.9% quarter-over-quarter.
- 11 funds opened new BlackRock Enhanced International Dividend Trust positions in Q3 2017 and 16 closed out, a net change of -5 holders.
- The largest BlackRock Enhanced International Dividend Trust buyer in Q3 2017 was Morgan Stanley, an estimated $5.62M added.
- The largest BlackRock Enhanced International Dividend Trust seller in Q3 2017 was Karpus Investment Management, an estimated $4.65M sold.
Based on aggregated 13F filings for Q3 2017.