BlackRock Core Bond Trust
BHK
72 hedge funds and large institutions have $225M invested in BlackRock Core Bond Trust in 2015 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 23 increasing their positions, 19 reducing their positions, and 7 closing their positions.
100% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 7
21% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 19
11% more funds holding
Funds holding: 65 → 72 (+7)
1.43% more ownership
Funds ownership: 31.53% → 32.95% (+1.4%)
2% more capital invested
Capital invested by funds: $220M → $225M (+$5.02M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.84M |
| 2 |
Morgan Stanley
New York
|
+$2.73M |
| 3 |
LCM
Laurion Capital Management
New York
|
+$1.77M |
| 4 |
LPL Financial
San Diego,
California
|
+$1.45M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$912K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$457K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$410K |
| 4 |
PG
Patten Group
Chattanooga,
Tennessee
|
-$392K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$345K |
BHK Hedge Fund Activity: Q4 2015 in Review
72 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in BlackRock Core Bond Trust (BHK) for Q4 2015, worth a combined $225M — up 2.3% from $220M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new BHK positions and 7 closed out — a net gain of 7 holders — while 23 added to existing stakes and 19 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $2.84M. The largest seller was AQR Arbitrage, cutting an estimated $912K.
- 72 institutional investors held BlackRock Core Bond Trust (BHK) as of Q4 2015, up from 65 in Q3 2015.
- Funds reported $225M of BlackRock Core Bond Trust stock for Q4 2015, up 2.3% quarter-over-quarter.
- 14 funds opened new BlackRock Core Bond Trust positions in Q4 2015 and 7 closed out, a net change of +7 holders.
- The largest BlackRock Core Bond Trust buyer in Q4 2015 was Karpus Investment Management, an estimated $2.84M added.
- The largest BlackRock Core Bond Trust seller in Q4 2015 was AQR Arbitrage, an estimated $912K sold.
Based on aggregated 13F filings for Q4 2015.