BlackRock Core Bond Trust
BHK
51 hedge funds and large institutions have $73.1M invested in BlackRock Core Bond Trust in 2014 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 15 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
13% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 15
12% more capital invested
Capital invested by funds: $65.1M → $73.1M (+$8.05M)
4% more funds holding
Funds holding: 49 → 51 (+2)
1.6% more ownership
Funds ownership: 16.8% → 18.4% (+1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$3.04M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.67M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.11M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.04M |
| 5 |
PMG
ProVise Management Group
Clearwater,
Florida
|
+$989K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$1.12M |
| 2 |
SCM
Saba Capital Management
New York
|
-$1.06M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$476K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$453K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$401K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WT
51
Whittier Trust
South Pasadena,
California
| $3K | – | – | – |
|
52
Citigroup
New York
| $2K | -$151K | -11,073 | -99% |
|
|
CAN
53
Cetera Advisor Networks
El Segundo,
California
| – | -$1.12M | -83,900 | Closed |
|
|
DA
54
Doliver Advisors
Houston,
Texas
| – | -$453K | -33,719 | Closed |
|
|
VKH
55
Virtu KCG Holdings
New York
| – | -$177K | -13,190 | Closed |
|
56
Goldman Sachs
New York
| – | -$153K | -11,347 | Closed |
|
|
TRCT
57
Tower Research Capital (TRC)
New York
| – | -$6K | -422 | Closed |
|
BHK Hedge Fund Activity: Q2 2014 in Review
51 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in BlackRock Core Bond Trust (BHK) for Q2 2014, worth a combined $73.1M — up 12% from $65.1M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BHK positions and 5 closed out — a net gain of 2 holders — while 17 added to existing stakes and 15 trimmed.
The largest buyer was AQR Capital Management, opening a new position worth an estimated $3.04M. The largest seller was Cetera Advisor Networks, exiting entirely with an estimated $1.12M sold.
- 51 institutional investors held BlackRock Core Bond Trust (BHK) as of Q2 2014, up from 49 in Q1 2014.
- Funds reported $73.1M of BlackRock Core Bond Trust stock for Q2 2014, up 12% quarter-over-quarter.
- 7 funds opened new BlackRock Core Bond Trust positions in Q2 2014 and 5 closed out, a net change of +2 holders.
- The largest BlackRock Core Bond Trust buyer in Q2 2014 was AQR Capital Management, an estimated $3.04M added.
- The largest BlackRock Core Bond Trust seller in Q2 2014 was Cetera Advisor Networks, an estimated $1.12M sold.
Based on aggregated 13F filings for Q2 2014.