BlackRock Core Bond Trust
BHK
87 hedge funds and large institutions have $225M invested in BlackRock Core Bond Trust in 2016 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 34 increasing their positions, 22 reducing their positions, and 4 closing their positions.
225% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 4
55% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 22
12% more funds holding
Funds holding: 78 → 87 (+9)
1% more capital invested
Capital invested by funds: $223M → $225M (+$2.27M)
0.19% less ownership
Funds ownership: 29.56% → 29.37% (-0.19%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$3.92M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.18M |
| 3 |
Morgan Stanley
New York
|
+$1.56M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$876K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$522K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$4.85M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$2.95M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.95M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.52M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$1.08M |
BHK Hedge Fund Activity: Q3 2016 in Review
87 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in BlackRock Core Bond Trust (BHK) for Q3 2016, worth a combined $225M — up 1% from $223M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BHK positions and 4 closed out — a net gain of 9 holders — while 34 added to existing stakes and 22 trimmed.
The largest buyer was UBS Group, adding an estimated $3.92M. The largest seller was Karpus Investment Management, cutting an estimated $4.85M.
- 87 institutional investors held BlackRock Core Bond Trust (BHK) as of Q3 2016, up from 78 in Q2 2016.
- Funds reported $225M of BlackRock Core Bond Trust stock for Q3 2016, up 1% quarter-over-quarter.
- 13 funds opened new BlackRock Core Bond Trust positions in Q3 2016 and 4 closed out, a net change of +9 holders.
- The largest BlackRock Core Bond Trust buyer in Q3 2016 was UBS Group, an estimated $3.92M added.
- The largest BlackRock Core Bond Trust seller in Q3 2016 was Karpus Investment Management, an estimated $4.85M sold.
Based on aggregated 13F filings for Q3 2016.