BlackRock Core Bond Trust
BHK
79 hedge funds and large institutions have $231M invested in BlackRock Core Bond Trust in 2017 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 34 increasing their positions, 20 reducing their positions, and 7 closing their positions.
70% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 20
3% more capital invested
Capital invested by funds: $223M → $231M (+$7.73M)
0.15% less ownership
Funds ownership: 30.96% → 30.81% (-0.15%)
1% less funds holding
Funds holding: 80 → 79 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$3.88M |
| 2 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$1.11M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$878K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$556K |
| 5 |
SG Americas Securities
New York
|
+$504K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$4.54M |
| 2 |
LPL Financial
San Diego,
California
|
-$2.19M |
| 3 |
Morgan Stanley
New York
|
-$1.26M |
| 4 |
FFA
First Foundation Advisors
Irvine,
California
|
-$1.01M |
| 5 |
NVIM
New Vernon Investment Management
Highland Park,
Illinois
|
-$866K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BAM
76
Bruderman Asset Management
Locust Valley,
New York
| $9K | +$9.04K | +660 | New |
|
|
GWM
77
Geneos Wealth Management
Englewood,
Colorado
| $8K | – | – | – |
|
|
HCM
78
Highlander Capital Management
Short Hills,
New Jersey
| $7K | – | – | – |
|
|
NFG
79
Next Financial Group
Houston,
Texas
| $4K | – | – | – |
|
|
WT
80
Whittier Trust
South Pasadena,
California
| $3K | – | – | – |
|
|
NVIM
81
New Vernon Investment Management
Highland Park,
Illinois
| – | -$866K | -64,846 | Closed |
|
|
AAM
82
Advisors Asset Management
Monument,
Colorado
| – | -$309K | -23,163 | Closed |
|
|
CAN
83
Cetera Advisor Networks
El Segundo,
California
| – | -$250K | -18,813 | Closed |
|
|
CA
84
Cetera Advisors
Denver,
Colorado
| – | -$156K | -11,741 | Closed |
|
|
CAS
85
Cue Advisory Services
Phoenix,
Arizona
| – | -$144K | -10,810 | Closed |
|
|
BFEC
86
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$5K | -375 | Closed |
|
87
SEI Investments
Oaks,
Pennsylvania
| – | -$4K | -283 | Closed |
|
BHK Hedge Fund Activity: Q2 2017 in Review
79 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in BlackRock Core Bond Trust (BHK) for Q2 2017, worth a combined $231M — up 3.5% from $223M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of BHK and 6 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 34 added.
The largest buyer was Parametric Portfolio Associates, opening a new position worth an estimated $3.88M. The largest seller was 1607 Capital Partners, cutting an estimated $4.54M.
- 79 institutional investors held BlackRock Core Bond Trust (BHK) as of Q2 2017, down from 80 in Q1 2017.
- Funds reported $231M of BlackRock Core Bond Trust stock for Q2 2017, up 3.5% quarter-over-quarter.
- 6 funds opened new BlackRock Core Bond Trust positions in Q2 2017 and 7 closed out, a net change of -1 holder.
- The largest BlackRock Core Bond Trust buyer in Q2 2017 was Parametric Portfolio Associates, an estimated $3.88M added.
- The largest BlackRock Core Bond Trust seller in Q2 2017 was 1607 Capital Partners, an estimated $4.54M sold.
Based on aggregated 13F filings for Q2 2017.