BlackRock Enhanced International Dividend Trust
BGY
69 hedge funds and large institutions have $197M invested in BlackRock Enhanced International Dividend Trust in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 18 increasing their positions, 27 reducing their positions, and 9 closing their positions.
1.43% less ownership
Funds ownership: 25.29% → 23.86% (-1.4%)
7% less funds holding
Funds holding: 74 → 69 (-5)
14% less capital invested
Capital invested by funds: $229M → $197M (-$31.5M)
33% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 27
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$7.88M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$3.1M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$649K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$548K |
| 5 |
IMS
Index Management Solutions
Philadelphia,
Pennsylvania
|
+$472K |
Top Sellers
| 1 |
Wells Fargo
San Francisco,
California
|
-$13.7M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$5.86M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.5M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$1.27M |
| 5 |
Lazard Asset Management
New York
|
-$621K |
BGY Hedge Fund Activity: Q3 2014 in Review
69 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced International Dividend Trust (BGY) for Q3 2014, worth a combined $197M — down 14% from $229M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of BGY and 4 opened new positions — a net loss of 5 holders — while 27 trimmed existing stakes and 18 added.
The largest buyer was Morgan Stanley, adding an estimated $7.88M. The largest seller was Wells Fargo, cutting an estimated $13.7M.
- 69 institutional investors held BlackRock Enhanced International Dividend Trust (BGY) as of Q3 2014, down from 74 in Q2 2014.
- Funds reported $197M of BlackRock Enhanced International Dividend Trust stock for Q3 2014, down 14% quarter-over-quarter.
- 4 funds opened new BlackRock Enhanced International Dividend Trust positions in Q3 2014 and 9 closed out, a net change of -5 holders.
- The largest BlackRock Enhanced International Dividend Trust buyer in Q3 2014 was Morgan Stanley, an estimated $7.88M added.
- The largest BlackRock Enhanced International Dividend Trust seller in Q3 2014 was Wells Fargo, an estimated $13.7M sold.
Based on aggregated 13F filings for Q3 2014.