BlackRock Core Bond Trust
BHK
102 hedge funds and large institutions have $133M invested in BlackRock Core Bond Trust in 2024 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 36 increasing their positions, 30 reducing their positions, and 11 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 30
3% less funds holding
Funds holding: 105 → 102 (-3)
6.33% less ownership
Funds ownership: 29.24% → 22.91% (-6.3%)
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
22% less capital invested
Capital invested by funds: $170M → $133M (-$36.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$3.19M |
| 2 |
LPL Financial
San Diego,
California
|
+$2.02M |
| 3 |
EW
Evoke Wealth
Los Angeles,
California
|
+$1.21M |
| 4 |
PI
PFG Investments
Woodbury,
New York
|
+$1.07M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$646K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$22M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$7.41M |
| 3 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$6.93M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$6.65M |
| 5 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$1.86M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FFA
101
Farther Finance Advisors
San Francisco,
California
| $247 | – | – | – |
|
102
CIBC Private Wealth Group
Atlanta,
Georgia
| $10 | +$11 | +1 | New |
|
|
SIA
103
Sit Investment Associates
Minneapolis,
Minnesota
| – | -$6.65M | -609,846 | Closed |
|
|
WS
104
Wela Strategies
Atlanta,
Georgia
| – | -$1.02M | -93,088 | Closed |
|
|
QC
105
Quadrature Capital
London,
United Kingdom
| – | -$404K | -36,946 | Closed |
|
|
KIM
106
Karpus Investment Management
Pittsford,
New York
| – | -$164K | -15,000 | Closed |
|
|
CIA
107
Concurrent Investment Advisors
Tampa,
Florida
| – | -$150K | -13,771 | Closed |
|
|
MI
108
Motiv8 Investments
Port St. Lucie,
Florida
| – | -$139K | -12,700 | Closed |
|
109
Truist Financial
Charlotte,
North Carolina
| – | -$123K | -11,304 | Closed |
|
110
HighTower Advisors
Chicago,
Illinois
| – | -$116K | -10,777 | Closed |
|
|
AA
111
Ancora Advisors
Cleveland,
Ohio
| – | -$33.3K | -3,050 | Closed |
|
112
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$16.4K | -1,500 | Closed |
|
|
AF
113
Advisornet Financial
Minnetonka,
Minnesota
| – | -$8.73K | -800 | Closed |
|
BHK Hedge Fund Activity: Q1 2024 in Review
102 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in BlackRock Core Bond Trust (BHK) for Q1 2024, worth a combined $133M — down 22% from $170M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of BHK and 9 opened new positions — a net loss of 2 holders — while 30 trimmed existing stakes and 36 added.
The largest buyer was Raymond James & Associates, adding an estimated $3.19M. The largest seller was Morgan Stanley, cutting an estimated $22M.
- 102 institutional investors held BlackRock Core Bond Trust (BHK) as of Q1 2024, down from 105 in Q4 2023.
- Funds reported $133M of BlackRock Core Bond Trust stock for Q1 2024, down 22% quarter-over-quarter.
- 9 funds opened new BlackRock Core Bond Trust positions in Q1 2024 and 11 closed out, a net change of -2 holders.
- The largest BlackRock Core Bond Trust buyer in Q1 2024 was Raymond James & Associates, an estimated $3.19M added.
- The largest BlackRock Core Bond Trust seller in Q1 2024 was Morgan Stanley, an estimated $22M sold.
Based on aggregated 13F filings for Q1 2024.