BlackRock Core Bond Trust
BHK
65 hedge funds and large institutions have $220M invested in BlackRock Core Bond Trust in 2015 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 19 increasing their positions, 24 reducing their positions, and 11 closing their positions.
1.26% more ownership
Funds ownership: 30.27% → 31.53% (+1.3%)
3% more capital invested
Capital invested by funds: $214M → $220M (+$5.36M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11% less funds holding
Funds holding: 73 → 65 (-8)
21% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 24
73% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$7.19M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$5.34M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.75M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$780K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$712K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.13M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.49M |
| 3 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$972K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$677K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$428K |
BHK Hedge Fund Activity: Q3 2015 in Review
65 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in BlackRock Core Bond Trust (BHK) for Q3 2015, worth a combined $220M — up 2.5% from $214M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of BHK and 3 opened new positions — a net loss of 8 holders — while 24 trimmed existing stakes and 19 added.
The largest buyer was Invesco, opening a new position worth an estimated $7.19M. The largest seller was Morgan Stanley, cutting an estimated $4.13M.
- 65 institutional investors held BlackRock Core Bond Trust (BHK) as of Q3 2015, down from 73 in Q2 2015.
- Funds reported $220M of BlackRock Core Bond Trust stock for Q3 2015, up 2.5% quarter-over-quarter.
- 3 funds opened new BlackRock Core Bond Trust positions in Q3 2015 and 11 closed out, a net change of -8 holders.
- The largest BlackRock Core Bond Trust buyer in Q3 2015 was Invesco, an estimated $7.19M added.
- The largest BlackRock Core Bond Trust seller in Q3 2015 was Morgan Stanley, an estimated $4.13M sold.
Based on aggregated 13F filings for Q3 2015.