BlackRock Core Bond Trust
BHK
78 hedge funds and large institutions have $223M invested in BlackRock Core Bond Trust in 2016 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 32 increasing their positions, 16 reducing their positions, and 11 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 16
3% less funds holding
Funds holding: 80 → 78 (-2)
3.36% less ownership
Funds ownership: 32.92% → 29.56% (-3.4%)
6% less capital invested
Capital invested by funds: $238M → $223M (-$15M)
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.93M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$1.21M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.17M |
| 4 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$869K |
| 5 |
PMG
ProVise Management Group
Clearwater,
Florida
|
+$569K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$8.59M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$6.34M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$6.24M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$5.37M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.06M |
BHK Hedge Fund Activity: Q2 2016 in Review
78 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in BlackRock Core Bond Trust (BHK) for Q2 2016, worth a combined $223M — down 6.3% from $238M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of BHK and 9 opened new positions — a net loss of 2 holders — while 16 trimmed existing stakes and 32 added.
The largest buyer was Sit Investment Associates, adding an estimated $1.93M. The largest seller was Karpus Investment Management, cutting an estimated $8.59M.
- 78 institutional investors held BlackRock Core Bond Trust (BHK) as of Q2 2016, down from 80 in Q1 2016.
- Funds reported $223M of BlackRock Core Bond Trust stock for Q2 2016, down 6.3% quarter-over-quarter.
- 9 funds opened new BlackRock Core Bond Trust positions in Q2 2016 and 11 closed out, a net change of -2 holders.
- The largest BlackRock Core Bond Trust buyer in Q2 2016 was Sit Investment Associates, an estimated $1.93M added.
- The largest BlackRock Core Bond Trust seller in Q2 2016 was Karpus Investment Management, an estimated $8.59M sold.
Based on aggregated 13F filings for Q2 2016.