BlackRock Core Bond Trust
BHK
80 hedge funds and large institutions have $223M invested in BlackRock Core Bond Trust in 2017 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 35 increasing their positions, 17 reducing their positions, and 10 closing their positions.
106% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 17
3% more capital invested
Capital invested by funds: $216M → $223M (+$6.89M)
0.17% more ownership
Funds ownership: 30.79% → 30.96% (+0.17%)
8% less funds holding
Funds holding: 87 → 80 (-7)
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.54M |
| 2 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$1.5M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.16M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$998K |
| 5 |
LPL Financial
San Diego,
California
|
+$470K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.94M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$811K |
| 3 |
Citigroup
New York
|
-$683K |
| 4 |
FFA
First Foundation Advisors
Irvine,
California
|
-$602K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$559K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Creative Planning
Overland Park,
Kansas
| $5K | -$14.5K | -1,100 | -76% |
|
|
BFEC
77
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $5K | – | – | – |
|
78
SEI Investments
Oaks,
Pennsylvania
| $4K | -$9.54K | -722 | -72% |
|
|
NFG
79
Next Financial Group
Houston,
Texas
| $4K | – | – | – |
|
|
WT
80
Whittier Trust
South Pasadena,
California
| $3K | – | – | – |
|
|
LCM
81
Landscape Capital Management
Englewood,
New Jersey
| – | -$559K | -42,947 | Closed |
|
|
SWP
82
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$484K | -37,178 | Closed |
|
|
VKH
83
Virtu KCG Holdings
New York
| – | -$346K | -26,630 | Closed |
|
84
Squarepoint
New York
| – | -$332K | -25,550 | Closed |
|
|
WAM
85
Weiss Asset Management
Boston,
Massachusetts
| – | -$269K | -20,670 | Closed |
|
|
AA
86
Ancora Advisors
Cleveland,
Ohio
| – | -$221K | -17,000 | Closed |
|
87
Goldman Sachs
New York
| – | -$183K | -14,074 | Closed |
|
|
CRC
88
Curi RMB Capital
Chicago,
Illinois
| – | -$157K | -12,055 | Closed |
|
|
BAM
89
Bruderman Asset Management
Locust Valley,
New York
| – | -$9K | -660 | Closed |
|
BHK Hedge Fund Activity: Q1 2017 in Review
80 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in BlackRock Core Bond Trust (BHK) for Q1 2017, worth a combined $223M — up 3.2% from $216M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of BHK and 4 opened new positions — a net loss of 6 holders — while 17 trimmed existing stakes and 35 added.
The largest buyer was Morgan Stanley, adding an estimated $1.54M. The largest seller was Advisors Asset Management, cutting an estimated $1.94M.
- 80 institutional investors held BlackRock Core Bond Trust (BHK) as of Q1 2017, down from 87 in Q4 2016.
- Funds reported $223M of BlackRock Core Bond Trust stock for Q1 2017, up 3.2% quarter-over-quarter.
- 4 funds opened new BlackRock Core Bond Trust positions in Q1 2017 and 10 closed out, a net change of -6 holders.
- The largest BlackRock Core Bond Trust buyer in Q1 2017 was Morgan Stanley, an estimated $1.54M added.
- The largest BlackRock Core Bond Trust seller in Q1 2017 was Advisors Asset Management, an estimated $1.94M sold.
Based on aggregated 13F filings for Q1 2017.