BlackRock Core Bond Trust
BHK
87 hedge funds and large institutions have $216M invested in BlackRock Core Bond Trust in 2016 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 33 increasing their positions, 26 reducing their positions, and 9 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 26
1.25% more ownership
Funds ownership: 29.53% → 30.79% (+1.3%)
0% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 9
5% less capital invested
Capital invested by funds: $226M → $216M (-$10.4M)
1% less funds holding
Funds holding: 88 → 87 (-1)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$13.1M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.61M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$1.21M |
| 4 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
+$991K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$946K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$4.82M |
| 2 |
NVIM
New Vernon Investment Management
Highland Park,
Illinois
|
-$4.04M |
| 3 |
SIA
SeaBridge Investment Advisors
Summit,
New Jersey
|
-$1.8M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.4M |
| 5 |
Morgan Stanley
New York
|
-$1.03M |
BHK Hedge Fund Activity: Q4 2016 in Review
87 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in BlackRock Core Bond Trust (BHK) for Q4 2016, worth a combined $216M — down 4.6% from $226M a quarter earlier.
Fund positioning in BHK was balanced in Q4 2016: 9 funds opened new positions, 9 closed out, 33 added to existing stakes and 26 trimmed.
The largest buyer was Wells Fargo, adding an estimated $13.1M. The largest seller was UBS Group, cutting an estimated $4.82M.
- 87 institutional investors held BlackRock Core Bond Trust (BHK) as of Q4 2016, down from 88 in Q3 2016.
- Funds reported $216M of BlackRock Core Bond Trust stock for Q4 2016, down 4.6% quarter-over-quarter.
- 9 funds opened new BlackRock Core Bond Trust positions in Q4 2016 and 9 closed out, a net change of 0 holders.
- The largest BlackRock Core Bond Trust buyer in Q4 2016 was Wells Fargo, an estimated $13.1M added.
- The largest BlackRock Core Bond Trust seller in Q4 2016 was UBS Group, an estimated $4.82M sold.
Based on aggregated 13F filings for Q4 2016.