BlackRock Enhanced International Dividend Trust
BGY
90 hedge funds and large institutions have $221M invested in BlackRock Enhanced International Dividend Trust in 2023 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 34 increasing their positions, 24 reducing their positions, and 13 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 24
8% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 13
4% more capital invested
Capital invested by funds: $213M → $221M (+$8.49M)
0% more funds holding
Funds holding: 90 → 90 (0)
1.31% less ownership
Funds ownership: 40.55% → 39.24% (-1.3%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$2.4M |
| 2 |
SCM
Saba Capital Management
New York
|
+$1.4M |
| 3 |
HI
Hoey Investments
Coatesville,
Pennsylvania
|
+$1.31M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.04M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$989K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
-$7.46M |
| 2 |
Morgan Stanley
New York
|
-$4.22M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.59M |
| 4 |
HH
Hilltop Holdings
Dallas,
Texas
|
-$1.18M |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$800K |
BGY Hedge Fund Activity: Q1 2023 in Review
90 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced International Dividend Trust (BGY) for Q1 2023, worth a combined $221M — up 4% from $213M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new BGY positions and 13 closed out — a net gain of 1 holder — while 34 added to existing stakes and 24 trimmed.
The largest buyer was Allspring Global Investments, adding an estimated $2.4M. The largest seller was Penserra Capital Management, exiting entirely with an estimated $7.46M sold.
- 90 institutional investors held BlackRock Enhanced International Dividend Trust (BGY) as of Q1 2023, unchanged from Q4 2022.
- Funds reported $221M of BlackRock Enhanced International Dividend Trust stock for Q1 2023, up 4% quarter-over-quarter.
- 14 funds opened new BlackRock Enhanced International Dividend Trust positions in Q1 2023 and 13 closed out, a net change of +1 holder.
- The largest BlackRock Enhanced International Dividend Trust buyer in Q1 2023 was Allspring Global Investments, an estimated $2.4M added.
- The largest BlackRock Enhanced International Dividend Trust seller in Q1 2023 was Penserra Capital Management, an estimated $7.46M sold.
Based on aggregated 13F filings for Q1 2023.