BlackRock Enhanced International Dividend Trust
BGY
85 hedge funds and large institutions have $183M invested in BlackRock Enhanced International Dividend Trust in 2022 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 32 increasing their positions, 23 reducing their positions, and 13 closing their positions.
39% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 23
1.3% more ownership
Funds ownership: 37.92% → 39.22% (+1.3%)
2% less funds holding
Funds holding: 87 → 85 (-2)
8% less capital invested
Capital invested by funds: $200M → $183M (-$16.9M)
15% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 13
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$9.31M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
+$6.75M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.66M |
| 4 |
HH
Hilltop Holdings
Dallas,
Texas
|
+$1.22M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$758K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$7.35M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$4.78M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.15M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$419K |
| 5 |
AC
Almitas Capital
Santa Monica,
California
|
-$351K |
BGY Hedge Fund Activity: Q3 2022 in Review
85 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced International Dividend Trust (BGY) for Q3 2022, worth a combined $183M — down 8.5% from $200M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of BGY and 11 opened new positions — a net loss of 2 holders — while 23 trimmed existing stakes and 32 added.
The largest buyer was Karpus Investment Management, adding an estimated $9.31M. The largest seller was Morgan Stanley, cutting an estimated $7.35M.
- 85 institutional investors held BlackRock Enhanced International Dividend Trust (BGY) as of Q3 2022, down from 87 in Q2 2022.
- Funds reported $183M of BlackRock Enhanced International Dividend Trust stock for Q3 2022, down 8.5% quarter-over-quarter.
- 11 funds opened new BlackRock Enhanced International Dividend Trust positions in Q3 2022 and 13 closed out, a net change of -2 holders.
- The largest BlackRock Enhanced International Dividend Trust buyer in Q3 2022 was Karpus Investment Management, an estimated $9.31M added.
- The largest BlackRock Enhanced International Dividend Trust seller in Q3 2022 was Morgan Stanley, an estimated $7.35M sold.
Based on aggregated 13F filings for Q3 2022.