BlackRock Core Bond Trust
BHK
99 hedge funds and large institutions have $243M invested in BlackRock Core Bond Trust in 2019 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 38 increasing their positions, 24 reducing their positions, and 12 closing their positions.
58% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 24
17% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 12
1% more funds holding
Funds holding: 98 → 99 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.87% less ownership
Funds ownership: 33.74% → 30.87% (-2.9%)
8% less capital invested
Capital invested by funds: $263M → $243M (-$20.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$7.11M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$3.86M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$2.37M |
| 4 |
Morgan Stanley
New York
|
+$1.25M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$995K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$16M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$9.02M |
| 3 |
BCWM
Bartlett & Co Wealth Management
Cincinnati,
Ohio
|
-$4.03M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$3.73M |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$1.51M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
101
Wolverine Asset Management
Chicago,
Illinois
| – | -$1.19M | -82,129 | Closed |
|
|
DA
102
Doliver Advisors
Houston,
Texas
| – | -$426K | -29,793 | Closed |
|
103
HighTower Advisors
Chicago,
Illinois
| – | -$264K | -18,096 | Closed |
|
|
WAM
104
Weiss Asset Management
Boston,
Massachusetts
| – | -$223K | -15,450 | Closed |
|
105
Envestnet Asset Management
Chicago,
Illinois
| – | -$184K | -12,760 | Closed |
|
|
RIG
106
Roosevelt Investment Group
New York
| – | -$181K | -12,551 | Closed |
|
107
Millennium Management
New York
| – | -$161K | -11,195 | Closed |
|
|
BWM
108
BerganKDV Wealth Management
Bloomington,
Minnesota
| – | -$34K | -2,351 | Closed |
|
|
FNBOSM
109
First National Bank of South Miami
South Miami,
Florida
| – | -$15K | -1,005 | Closed |
|
|
PCG
110
Private Capital Group
West Hartford,
Connecticut
| – | -$8K | -520 | Closed |
|
|
FEG
111
Financial Enhancement Group
Anderson,
Indiana
| – | -$1K | -78 | Closed |
|
BHK Hedge Fund Activity: Q4 2019 in Review
99 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in BlackRock Core Bond Trust (BHK) for Q4 2019, worth a combined $243M — down 7.7% from $263M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new BHK positions and 12 closed out — a net gain of 2 holders — while 38 added to existing stakes and 24 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $7.11M. The largest seller was Wells Fargo, cutting an estimated $16M.
- 99 institutional investors held BlackRock Core Bond Trust (BHK) as of Q4 2019, up from 98 in Q3 2019.
- Funds reported $243M of BlackRock Core Bond Trust stock for Q4 2019, down 7.7% quarter-over-quarter.
- 14 funds opened new BlackRock Core Bond Trust positions in Q4 2019 and 12 closed out, a net change of +2 holders.
- The largest BlackRock Core Bond Trust buyer in Q4 2019 was Sit Investment Associates, an estimated $7.11M added.
- The largest BlackRock Core Bond Trust seller in Q4 2019 was Wells Fargo, an estimated $16M sold.
Based on aggregated 13F filings for Q4 2019.