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BlackRock Core Bond Trust

76 hedge funds and large institutions have $198M invested in BlackRock Core Bond Trust in 2014 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 30 increasing their positions, 10 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

480% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 5

200% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 10

164% more capital invested

Capital invested by funds: $74.9M → $198M (+$123M)

43% more funds holding

Funds holding: 5376 (+23)

7.29% more ownership

Funds ownership: 19.73%27.02% (+7.3%)

Holders
76
Holders Change
+23
Holders Change %
+43.4%
% of All Funds
2.03%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
29
Increased
30
Reduced
10
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$34M +$25.4M +1,909,241 +287%
KIM
2
Karpus Investment Management
New York
$30.9M +$24.5M +1,841,735 +371%
SIA
3
Sit Investment Associates
Minnesota
$18.7M +$13.2M +990,712 +231%
1CP
4
1607 Capital Partners
Virginia
$17.3M +$17.4M +1,313,259 New
UBS Group
5
UBS Group
Switzerland
$13.8M +$13.9M +1,045,054 New
Bank of America
6
Bank of America
North Carolina
$11M +$6.03M +453,920 +119%
Morgan Stanley
7
Morgan Stanley
New York
$10.5M +$6.53M +491,712 +161%
SCM
8
Saba Capital Management
New York
$9.91M -$4.45M -335,225 -31%
NVIM
9
New Vernon Investment Management
Illinois
$6.03M +$6.06M +456,459 New
AQR Capital Management
10
AQR Capital Management
Connecticut
$5.85M +$3M +225,534 +104%
PPA
11
Parametric Portfolio Associates
Washington
$5.45M +$3.86M +290,381 +237%
Invesco
12
Invesco
Georgia
$5.32M
BC
13
Bartlett & Co
Ohio
$3.66M +$1.41M +106,258 +62%
GC
14
Guggenheim Capital
Illinois
$3.49M +$3.37M +253,595 +2,323%
CP
15
Camelot Portfolios
Ohio
$2.64M +$158K +11,889 +6%
AI
16
Atria Investments
North Carolina
$2.41M +$2.11M +159,157 +677%
PMG
17
ProVise Management Group
Florida
$2.32M +$826K +62,216 +55%
FNBTCON
18
First National Bank & Trust Co of Newtown
Pennsylvania
$1.45M +$1.46M +109,684 New
LPL Financial
19
LPL Financial
California
$1.33M +$687K +51,747 +105%
FIMG
20
Financial & Investment Management Group
Michigan
$1.17M +$1.17M +88,332 New
RJA
21
Raymond James & Associates
Florida
$1M +$687K +51,755 +213%
PA
22
Pinnacle Associates
New York
$900K +$906K +68,203 New
HighTower Advisors
23
HighTower Advisors
Illinois
$490K +$275K +20,700 +126%
SG Americas Securities
24
SG Americas Securities
New York
$464K +$467K +35,186 New
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$460K +$81.4K +6,126 +21%

BHK Hedge Fund Activity: Q4 2014 in Review

76 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in BlackRock Core Bond Trust (BHK) for Q4 2014, worth a combined $198M — up 164% from $74.9M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new BHK positions and 5 closed out — a net gain of 24 holders — while 30 added to existing stakes and 10 trimmed.

The largest buyer was Wells Fargo, adding an estimated $25.4M. The largest seller was Saba Capital Management, cutting an estimated $4.45M.

  • 76 institutional investors held BlackRock Core Bond Trust (BHK) as of Q4 2014, up from 53 in Q3 2014.
  • Funds reported $198M of BlackRock Core Bond Trust stock for Q4 2014, up 164% quarter-over-quarter.
  • 29 funds opened new BlackRock Core Bond Trust positions in Q4 2014 and 5 closed out, a net change of +24 holders.
  • The largest BlackRock Core Bond Trust buyer in Q4 2014 was Wells Fargo, an estimated $25.4M added.
  • The largest BlackRock Core Bond Trust seller in Q4 2014 was Saba Capital Management, an estimated $4.45M sold.

Based on aggregated 13F filings for Q4 2014.