BlackRock Core Bond Trust
BHK
96 hedge funds and large institutions have $230M invested in BlackRock Core Bond Trust in 2018 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 16 increasing their positions, 37 reducing their positions, and 15 closing their positions.
40% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 15
7% more funds holding
Funds holding: 90 → 96 (+6)
2.08% more ownership
Funds ownership: 32.89% → 34.97% (+2.1%)
1% more capital invested
Capital invested by funds: $227M → $230M (+$3.38M)
57% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$11.1M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$5.3M |
| 3 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$1.16M |
| 4 |
BMM
Buffington Mohr McNeal
Boise,
Idaho
|
+$738K |
| 5 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$350K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.1M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$1.48M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.41M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.27M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$1.18M |
BHK Hedge Fund Activity: Q4 2018 in Review
96 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in BlackRock Core Bond Trust (BHK) for Q4 2018, worth a combined $230M — up 1.5% from $227M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new BHK positions and 15 closed out — a net gain of 6 holders — while 16 added to existing stakes and 37 trimmed.
The largest buyer was 1607 Capital Partners, opening a new position worth an estimated $11.1M. The largest seller was Morgan Stanley, cutting an estimated $3.1M.
- 96 institutional investors held BlackRock Core Bond Trust (BHK) as of Q4 2018, up from 90 in Q3 2018.
- Funds reported $230M of BlackRock Core Bond Trust stock for Q4 2018, up 1.5% quarter-over-quarter.
- 21 funds opened new BlackRock Core Bond Trust positions in Q4 2018 and 15 closed out, a net change of +6 holders.
- The largest BlackRock Core Bond Trust buyer in Q4 2018 was 1607 Capital Partners, an estimated $11.1M added.
- The largest BlackRock Core Bond Trust seller in Q4 2018 was Morgan Stanley, an estimated $3.1M sold.
Based on aggregated 13F filings for Q4 2018.