BlackRock Core Bond Trust
BHK
92 hedge funds and large institutions have $217M invested in BlackRock Core Bond Trust in 2018 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 31 increasing their positions, 28 reducing their positions, and 8 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 28
1.16% more ownership
Funds ownership: 30.91% → 32.07% (+1.2%)
1% less capital invested
Capital invested by funds: $219M → $217M (-$2M)
2% less funds holding
Funds holding: 94 → 92 (-2)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$5.6M |
| 2 |
Morgan Stanley
New York
|
+$3.55M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.58M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$1.31M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$823K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$3.11M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$2.18M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.15M |
| 4 |
SG Americas Securities
New York
|
-$359K |
| 5 |
FFA
First Foundation Advisors
Irvine,
California
|
-$317K |
BHK Hedge Fund Activity: Q2 2018 in Review
92 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in BlackRock Core Bond Trust (BHK) for Q2 2018, worth a combined $217M — down 0.91% from $219M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of BHK and 7 opened new positions — a net loss of 1 holder — while 28 trimmed existing stakes and 31 added.
The largest buyer was Wells Fargo, adding an estimated $5.6M. The largest seller was Sit Investment Associates, cutting an estimated $3.11M.
- 92 institutional investors held BlackRock Core Bond Trust (BHK) as of Q2 2018, down from 94 in Q1 2018.
- Funds reported $217M of BlackRock Core Bond Trust stock for Q2 2018, down 0.91% quarter-over-quarter.
- 7 funds opened new BlackRock Core Bond Trust positions in Q2 2018 and 8 closed out, a net change of -1 holder.
- The largest BlackRock Core Bond Trust buyer in Q2 2018 was Wells Fargo, an estimated $5.6M added.
- The largest BlackRock Core Bond Trust seller in Q2 2018 was Sit Investment Associates, an estimated $3.11M sold.
Based on aggregated 13F filings for Q2 2018.