BlackRock Core Bond Trust
BHK
91 hedge funds and large institutions have $229M invested in BlackRock Core Bond Trust in 2018 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 37 increasing their positions, 12 reducing their positions, and 17 closing their positions.
208% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 12
6% more capital invested
Capital invested by funds: $217M → $229M (+$12.2M)
0.87% more ownership
Funds ownership: 32.07% → 32.94% (+0.87%)
6% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 17
1% less funds holding
Funds holding: 92 → 91 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.46M |
| 2 |
Morgan Stanley
New York
|
+$3.41M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$3.36M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.74M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$1.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$6.34M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$922K |
| 3 |
WS
Wela Strategies
Atlanta,
Georgia
|
-$902K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$660K |
| 5 |
SAM
Selway Asset Management
|
-$508K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JFA
101
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$55K | -4,292 | Closed |
|
|
CF
102
Centaurus Financial
Anaheim,
California
| – | -$54K | -4,257 | Closed |
|
|
AA
103
Apriem Advisors
Irvine,
California
| – | -$35K | -2,731 | Closed |
|
104
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$27K | -2,106 | Closed |
|
105
First Manhattan
New York
| – | -$21K | -1,666 | Closed |
|
|
LC
106
Landaas & Company
Milwaukee,
Wisconsin
| – | -$10K | -780 | Closed |
|
107
SEI Investments
Oaks,
Pennsylvania
| – | -$9K | -739 | Closed |
|
|
CTB
108
Country Trust Bank
Bloomington,
Illinois
| – | +$256 | +20 | New |
|
BHK Hedge Fund Activity: Q3 2018 in Review
91 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in BlackRock Core Bond Trust (BHK) for Q3 2018, worth a combined $229M — up 5.7% from $217M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of BHK and 16 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 37 added.
The largest buyer was Wells Fargo, adding an estimated $3.46M. The largest seller was Sit Investment Associates, cutting an estimated $6.34M.
- 91 institutional investors held BlackRock Core Bond Trust (BHK) as of Q3 2018, down from 92 in Q2 2018.
- Funds reported $229M of BlackRock Core Bond Trust stock for Q3 2018, up 5.7% quarter-over-quarter.
- 16 funds opened new BlackRock Core Bond Trust positions in Q3 2018 and 17 closed out, a net change of -1 holder.
- The largest BlackRock Core Bond Trust buyer in Q3 2018 was Wells Fargo, an estimated $3.46M added.
- The largest BlackRock Core Bond Trust seller in Q3 2018 was Sit Investment Associates, an estimated $6.34M sold.
Based on aggregated 13F filings for Q3 2018.