BlackRock Core Bond Trust
BHK
96 hedge funds and large institutions have $230M invested in BlackRock Core Bond Trust in 2018 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 16 increasing their positions, 37 reducing their positions, and 16 closing their positions.
31% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 16
5% more funds holding
Funds holding: 91 → 96 (+5)
2.03% more ownership
Funds ownership: 32.94% → 34.97% (+2%)
1% more capital invested
Capital invested by funds: $229M → $230M (+$1.33M)
57% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$11.1M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$5.3M |
| 3 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$1.16M |
| 4 |
BMM
Buffington Mohr McNeal
Boise,
Idaho
|
+$738K |
| 5 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$350K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.1M |
| 2 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$2.05M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$1.48M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.41M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1.27M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PWPS
101
Pinnacle Wealth Planning Services
Mansfield,
Ohio
| – | -$169K | -13,213 | Closed |
|
|
DA
102
Doliver Advisors
Houston,
Texas
| – | -$151K | -11,820 | Closed |
|
|
LWAC
103
Laurel Wealth Advisors (California)
Solana Beach,
California
| – | -$130K | -10,199 | Closed |
|
|
CPIG
104
Chicago Partners Investment Group
Chicago,
Illinois
| – | -$121K | -9,834 | Closed |
|
|
APP
105
Avantax Planning Partners
Dubuque,
Iowa
| – | -$88K | -6,904 | Closed |
|
|
SFM
106
Signet Financial Management
Parsippany,
New Jersey
| – | -$30K | -2,341 | Closed |
|
107
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$25K | -1,951 | Closed |
|
|
CAG
108
Csenge Advisory Group
Clearwater,
Florida
| – | -$8K | -702 | Closed |
|
|
SPIA
109
Steward Partners Investment Advisory
New York
| – | -$8K | -624 | Closed |
|
|
BAM
110
Bruderman Asset Management
Locust Valley,
New York
| – | -$2K | -150 | Closed |
|
111
Fidelity Investments
Boston,
Massachusetts
| – | +$25 | +2 | New |
|
BHK Hedge Fund Activity: Q4 2018 in Review
96 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in BlackRock Core Bond Trust (BHK) for Q4 2018, worth a combined $230M — up 0.58% from $229M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new BHK positions and 16 closed out — a net gain of 5 holders — while 16 added to existing stakes and 37 trimmed.
The largest buyer was 1607 Capital Partners, opening a new position worth an estimated $11.1M. The largest seller was Morgan Stanley, cutting an estimated $3.1M.
- 96 institutional investors held BlackRock Core Bond Trust (BHK) as of Q4 2018, up from 91 in Q3 2018.
- Funds reported $230M of BlackRock Core Bond Trust stock for Q4 2018, up 0.58% quarter-over-quarter.
- 21 funds opened new BlackRock Core Bond Trust positions in Q4 2018 and 16 closed out, a net change of +5 holders.
- The largest BlackRock Core Bond Trust buyer in Q4 2018 was 1607 Capital Partners, an estimated $11.1M added.
- The largest BlackRock Core Bond Trust seller in Q4 2018 was Morgan Stanley, an estimated $3.1M sold.
Based on aggregated 13F filings for Q4 2018.