BlackRock Core Bond Trust
BHK
53 hedge funds and large institutions have $74.9M invested in BlackRock Core Bond Trust in 2014 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 19 increasing their positions, 13 reducing their positions, and 5 closing their positions.
46% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 13
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
4% more funds holding
Funds holding: 51 → 53 (+2)
1.33% more ownership
Funds ownership: 18.4% → 19.73% (+1.3%)
2% more capital invested
Capital invested by funds: $73.1M → $74.9M (+$1.79M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$2.53M |
| 2 |
SCM
Saba Capital Management
New York
|
+$1.3M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.26M |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$907K |
| 5 |
AI
Atria Investments
Charlotte,
North Carolina
|
+$319K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.14M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$880K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$786K |
| 4 |
SG Americas Securities
New York
|
-$211K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$125K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WA
51
WFG Advisors
Dallas,
Texas
| $6K | +$81 | +6 | +1% |
|
52
Creative Planning
Overland Park,
Kansas
| $5K | – | – | – |
|
53
Citigroup
New York
| $4K | +$3.02K | +223 | +199% |
|
|
WT
54
Whittier Trust
South Pasadena,
California
| $3K | – | – | – |
|
|
1CP
55
1607 Capital Partners
Richmond,
Virginia
| – | -$1.14M | -81,346 | Closed |
|
|
56
SG Americas Securities
New York
| – | -$211K | -15,080 | Closed |
|
|
JWA
57
JFS Wealth Advisors
Hermitage,
Pennsylvania
| – | -$46K | -3,295 | Closed |
|
58
Bessemer Group
Woodbridge,
New Jersey
| – | -$24K | -1,700 | Closed |
|
|
FWM
59
Focused Wealth Management
Newburgh,
New York
| – | -$8K | -600 | Closed |
|
BHK Hedge Fund Activity: Q3 2014 in Review
53 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in BlackRock Core Bond Trust (BHK) for Q3 2014, worth a combined $74.9M — up 2.4% from $73.1M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BHK positions and 5 closed out — a net gain of 2 holders — while 19 added to existing stakes and 13 trimmed.
The largest buyer was Wells Fargo, adding an estimated $2.53M. The largest seller was 1607 Capital Partners, exiting entirely with an estimated $1.14M sold.
- 53 institutional investors held BlackRock Core Bond Trust (BHK) as of Q3 2014, up from 51 in Q2 2014.
- Funds reported $74.9M of BlackRock Core Bond Trust stock for Q3 2014, up 2.4% quarter-over-quarter.
- 7 funds opened new BlackRock Core Bond Trust positions in Q3 2014 and 5 closed out, a net change of +2 holders.
- The largest BlackRock Core Bond Trust buyer in Q3 2014 was Wells Fargo, an estimated $2.53M added.
- The largest BlackRock Core Bond Trust seller in Q3 2014 was 1607 Capital Partners, an estimated $1.14M sold.
Based on aggregated 13F filings for Q3 2014.