BlackRock Enhanced International Dividend Trust
BGY
74 hedge funds and large institutions have $229M invested in BlackRock Enhanced International Dividend Trust in 2014 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 27 increasing their positions, 21 reducing their positions, and 10 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 21
2.2% less ownership
Funds ownership: 27.49% → 25.29% (-2.2%)
6% less funds holding
Funds holding: 79 → 74 (-5)
36% less capital inflows, than outflows
Capital inflows: $34.3M | Capital outflows: $53.8M
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$23M |
| 2 |
UBS
Zurich,
Switzerland
|
+$7.93M |
| 3 |
IMS
Index Management Solutions
Philadelphia,
Pennsylvania
|
+$1.24M |
| 4 |
Barclays
London,
United Kingdom
|
+$249K |
| 5 |
Parametric Portfolio Associates
Seattle,
Washington
|
+$238K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$15.5M |
| 2 |
Karpus Investment Management
Pittsford,
New York
|
-$13.6M |
| 3 |
Punch & Associates Investment Management
Edina,
Minnesota
|
-$6.69M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$5.14M |
| 5 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.6M |
BGY Hedge Fund Activity: Q2 2014 in Review
74 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced International Dividend Trust (BGY) for Q2 2014, worth a combined $229M — down 6.1% from $244M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of BGY and 5 opened new positions — a net loss of 5 holders — while 21 trimmed existing stakes and 27 added.
The largest buyer was Morgan Stanley, adding an estimated $23M. The largest seller was Wells Fargo, cutting an estimated $15.5M.
- 74 institutional investors held BlackRock Enhanced International Dividend Trust (BGY) as of Q2 2014, down from 79 in Q1 2014.
- Funds reported $229M of BlackRock Enhanced International Dividend Trust stock for Q2 2014, down 6.1% quarter-over-quarter.
- 5 funds opened new BlackRock Enhanced International Dividend Trust positions in Q2 2014 and 10 closed out, a net change of -5 holders.
- The largest BlackRock Enhanced International Dividend Trust buyer in Q2 2014 was Morgan Stanley, an estimated $23M added.
- The largest BlackRock Enhanced International Dividend Trust seller in Q2 2014 was Wells Fargo, an estimated $15.5M sold.
Based on aggregated 13F filings for Q2 2014.