BlackRock Core Bond Trust
BHK
73 hedge funds and large institutions have $214M invested in BlackRock Core Bond Trust in 2015 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 22 increasing their positions, 22 reducing their positions, and 7 closing their positions.
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
3% more funds holding
Funds holding: 71 → 73 (+2)
2.16% more ownership
Funds ownership: 28.1% → 30.27% (+2.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 22
2% less capital invested
Capital invested by funds: $218M → $214M (-$3.36M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$13.6M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$3.44M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$1.57M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.24M |
| 5 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$6.35M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.77M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$816K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$417K |
| 5 |
AI
Atria Investments
Charlotte,
North Carolina
|
-$250K |
BHK Hedge Fund Activity: Q2 2015 in Review
73 of the 3,713 institutional investors tracked by Wall St. Rank reported a position in BlackRock Core Bond Trust (BHK) for Q2 2015, worth a combined $214M — down 1.5% from $218M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new BHK positions and 7 closed out — a net gain of 4 holders — while 22 added to existing stakes and 22 trimmed.
The largest buyer was Wells Fargo, adding an estimated $13.6M. The largest seller was Saba Capital Management, exiting entirely with an estimated $6.35M sold.
- 73 institutional investors held BlackRock Core Bond Trust (BHK) as of Q2 2015, up from 71 in Q1 2015.
- Funds reported $214M of BlackRock Core Bond Trust stock for Q2 2015, down 1.5% quarter-over-quarter.
- 11 funds opened new BlackRock Core Bond Trust positions in Q2 2015 and 7 closed out, a net change of +4 holders.
- The largest BlackRock Core Bond Trust buyer in Q2 2015 was Wells Fargo, an estimated $13.6M added.
- The largest BlackRock Core Bond Trust seller in Q2 2015 was Saba Capital Management, an estimated $6.35M sold.
Based on aggregated 13F filings for Q2 2015.