BlackRock Core Bond Trust
BHK
87 hedge funds and large institutions have $216M invested in BlackRock Core Bond Trust in 2016 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 32 increasing their positions, 26 reducing their positions, and 9 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 26
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
1.42% more ownership
Funds ownership: 29.37% → 30.79% (+1.4%)
0% more funds holding
Funds holding: 87 → 87 (0)
4% less capital invested
Capital invested by funds: $225M → $216M (-$9.09M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$13.1M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.61M |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$1.37M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$1.21M |
| 5 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
+$991K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$4.82M |
| 2 |
NVIM
New Vernon Investment Management
Highland Park,
Illinois
|
-$4.04M |
| 3 |
SIA
SeaBridge Investment Advisors
Summit,
New Jersey
|
-$1.8M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.4M |
| 5 |
Morgan Stanley
New York
|
-$1.03M |
BHK Hedge Fund Activity: Q4 2016 in Review
87 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in BlackRock Core Bond Trust (BHK) for Q4 2016, worth a combined $216M — down 4% from $225M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new BHK positions and 9 closed out — a net gain of 1 holder — while 32 added to existing stakes and 26 trimmed.
The largest buyer was Wells Fargo, adding an estimated $13.1M. The largest seller was UBS Group, cutting an estimated $4.82M.
- 87 institutional investors held BlackRock Core Bond Trust (BHK) as of Q4 2016, unchanged from Q3 2016.
- Funds reported $216M of BlackRock Core Bond Trust stock for Q4 2016, down 4% quarter-over-quarter.
- 10 funds opened new BlackRock Core Bond Trust positions in Q4 2016 and 9 closed out, a net change of +1 holder.
- The largest BlackRock Core Bond Trust buyer in Q4 2016 was Wells Fargo, an estimated $13.1M added.
- The largest BlackRock Core Bond Trust seller in Q4 2016 was UBS Group, an estimated $4.82M sold.
Based on aggregated 13F filings for Q4 2016.