BlackRock Core Bond Trust
BHK
88 hedge funds and large institutions have $223M invested in BlackRock Core Bond Trust in 2017 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 34 increasing their positions, 22 reducing their positions, and 8 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 22
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
4% more funds holding
Funds holding: 85 → 88 (+3)
0.47% less ownership
Funds ownership: 29.97% → 29.5% (-0.47%)
2% less capital invested
Capital invested by funds: $227M → $223M (-$3.74M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.7M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.13M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$999K |
| 4 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
+$462K |
| 5 |
FFA
First Foundation Advisors
Irvine,
California
|
+$414K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$7.06M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$2.44M |
| 3 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$2.15M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.33M |
| 5 |
Millennium Management
New York
|
-$329K |
BHK Hedge Fund Activity: Q4 2017 in Review
88 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in BlackRock Core Bond Trust (BHK) for Q4 2017, worth a combined $223M — down 1.6% from $227M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new BHK positions and 8 closed out — a net gain of 4 holders — while 34 added to existing stakes and 22 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.7M. The largest seller was Karpus Investment Management, cutting an estimated $7.06M.
- 88 institutional investors held BlackRock Core Bond Trust (BHK) as of Q4 2017, up from 85 in Q3 2017.
- Funds reported $223M of BlackRock Core Bond Trust stock for Q4 2017, down 1.6% quarter-over-quarter.
- 12 funds opened new BlackRock Core Bond Trust positions in Q4 2017 and 8 closed out, a net change of +4 holders.
- The largest BlackRock Core Bond Trust buyer in Q4 2017 was Morgan Stanley, an estimated $2.7M added.
- The largest BlackRock Core Bond Trust seller in Q4 2017 was Karpus Investment Management, an estimated $7.06M sold.
Based on aggregated 13F filings for Q4 2017.