BlackRock Core Bond Trust
BHK
49 hedge funds and large institutions have $65.1M invested in BlackRock Core Bond Trust in 2014 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 21 increasing their positions, 14 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
50% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 14
4% more funds holding
Funds holding: 47 → 49 (+2)
4% more capital invested
Capital invested by funds: $62.4M → $65.1M (+$2.62M)
0.31% more ownership
Funds ownership: 16.5% → 16.8% (+0.31%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Bartlett & Co
Cincinnati,
Ohio
|
+$1.72M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$729K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$626K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$444K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$442K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$2.95M |
| 2 |
SSWM
Sheets Smith Wealth Management
Winston-Salem,
North Carolina
|
-$933K |
| 3 |
Morgan Stanley
New York
|
-$737K |
| 4 |
Goldman Sachs
New York
|
-$251K |
| 5 |
CP
Camelot Portfolios
Maumee,
Ohio
|
-$207K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
AQR Capital Management
Greenwich,
Connecticut
| – | -$2.95M | -229,379 | Closed |
|
|
SSWM
52
Sheets Smith Wealth Management
Winston-Salem,
North Carolina
| – | -$933K | -36,095 | Closed |
|
|
HCM
53
Hollencrest Capital Management
Newport Beach,
California
| – | -$157K | -12,122 | Closed |
|
BHK Hedge Fund Activity: Q1 2014 in Review
49 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in BlackRock Core Bond Trust (BHK) for Q1 2014, worth a combined $65.1M — up 4.2% from $62.4M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new BHK positions and 3 closed out — a net gain of 2 holders — while 21 added to existing stakes and 14 trimmed.
The largest buyer was Bartlett & Co, opening a new position worth an estimated $1.72M. The largest seller was AQR Capital Management, exiting entirely with an estimated $2.95M sold.
- 49 institutional investors held BlackRock Core Bond Trust (BHK) as of Q1 2014, up from 47 in Q4 2013.
- Funds reported $65.1M of BlackRock Core Bond Trust stock for Q1 2014, up 4.2% quarter-over-quarter.
- 5 funds opened new BlackRock Core Bond Trust positions in Q1 2014 and 3 closed out, a net change of +2 holders.
- The largest BlackRock Core Bond Trust buyer in Q1 2014 was Bartlett & Co, an estimated $1.72M added.
- The largest BlackRock Core Bond Trust seller in Q1 2014 was AQR Capital Management, an estimated $2.95M sold.
Based on aggregated 13F filings for Q1 2014.