BlackRock Core Bond Trust
BHK
85 hedge funds and large institutions have $227M invested in BlackRock Core Bond Trust in 2017 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 33 increasing their positions, 19 reducing their positions, and 6 closing their positions.
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
74% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 19
8% more funds holding
Funds holding: 79 → 85 (+6)
0.84% less ownership
Funds ownership: 30.81% → 29.97% (-0.84%)
2% less capital invested
Capital invested by funds: $231M → $227M (-$3.54M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EDRIA
Edmonds Duncan Registered Investment Advisors
Lawrence,
Kansas
|
+$1.86M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.42M |
| 3 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$454K |
| 4 |
PMG
ProVise Management Group
Clearwater,
Florida
|
+$373K |
| 5 |
Millennium Management
New York
|
+$328K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KLI
Kelman-Lazarov Inc
Memphis,
Tennessee
|
-$3.37M |
| 2 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$2.24M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.97M |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$1.39M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$977K |
BHK Hedge Fund Activity: Q3 2017 in Review
85 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in BlackRock Core Bond Trust (BHK) for Q3 2017, worth a combined $227M — down 1.5% from $231M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new BHK positions and 6 closed out — a net gain of 6 holders — while 33 added to existing stakes and 19 trimmed.
The largest buyer was Edmonds Duncan Registered Investment Advisors, opening a new position worth an estimated $1.86M. The largest seller was Kelman-Lazarov Inc, exiting entirely with an estimated $3.37M sold.
- 85 institutional investors held BlackRock Core Bond Trust (BHK) as of Q3 2017, up from 79 in Q2 2017.
- Funds reported $227M of BlackRock Core Bond Trust stock for Q3 2017, down 1.5% quarter-over-quarter.
- 12 funds opened new BlackRock Core Bond Trust positions in Q3 2017 and 6 closed out, a net change of +6 holders.
- The largest BlackRock Core Bond Trust buyer in Q3 2017 was Edmonds Duncan Registered Investment Advisors, an estimated $1.86M added.
- The largest BlackRock Core Bond Trust seller in Q3 2017 was Kelman-Lazarov Inc, an estimated $3.37M sold.
Based on aggregated 13F filings for Q3 2017.