BlackRock Core Bond Trust
BHK
94 hedge funds and large institutions have $219M invested in BlackRock Core Bond Trust in 2018 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 28 increasing their positions, 30 reducing their positions, and 11 closing their positions.
55% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 11
7% more funds holding
Funds holding: 88 → 94 (+6)
1.41% more ownership
Funds ownership: 29.5% → 30.91% (+1.4%)
2% less capital invested
Capital invested by funds: $223M → $219M (-$4.89M)
7% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 30
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.08M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$1.59M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.37M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$990K |
| 5 |
WS
Wela Strategies
Atlanta,
Georgia
|
+$939K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
XS
XML Securities
Bethesda,
Maryland
|
-$2.31M |
| 2 |
PA
Pinnacle Associates
New York
|
-$995K |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
-$706K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$695K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$436K |
BHK Hedge Fund Activity: Q1 2018 in Review
94 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in BlackRock Core Bond Trust (BHK) for Q1 2018, worth a combined $219M — down 2.2% from $223M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new BHK positions and 11 closed out — a net gain of 6 holders — while 28 added to existing stakes and 30 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $2.08M. The largest seller was XML Securities, exiting entirely with an estimated $2.31M sold.
- 94 institutional investors held BlackRock Core Bond Trust (BHK) as of Q1 2018, up from 88 in Q4 2017.
- Funds reported $219M of BlackRock Core Bond Trust stock for Q1 2018, down 2.2% quarter-over-quarter.
- 17 funds opened new BlackRock Core Bond Trust positions in Q1 2018 and 11 closed out, a net change of +6 holders.
- The largest BlackRock Core Bond Trust buyer in Q1 2018 was Sit Investment Associates, an estimated $2.08M added.
- The largest BlackRock Core Bond Trust seller in Q1 2018 was XML Securities, an estimated $2.31M sold.
Based on aggregated 13F filings for Q1 2018.