BlackRock Core Bond Trust
BHK
90 hedge funds and large institutions have $258M invested in BlackRock Core Bond Trust in 2019 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 26 increasing their positions, 32 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
2% more funds holding
Funds holding: 88 → 90 (+2)
4% more capital invested
Capital invested by funds: $249M → $258M (+$9.31M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.2% less ownership
Funds ownership: 34.25% → 34.06% (-0.2%)
19% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.12M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$1.95M |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$1.85M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$1.53M |
| 5 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
+$793K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$7.13M |
| 2 |
EDRIA
Edmonds Duncan Registered Investment Advisors
Lawrence,
Kansas
|
-$1.7M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.4M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.11M |
| 5 |
Morgan Stanley
New York
|
-$537K |
BHK Hedge Fund Activity: Q2 2019 in Review
90 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in BlackRock Core Bond Trust (BHK) for Q2 2019, worth a combined $258M — up 3.7% from $249M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BHK positions and 5 closed out — a net gain of 3 holders — while 26 added to existing stakes and 32 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $3.12M. The largest seller was Wells Fargo, cutting an estimated $7.13M.
- 90 institutional investors held BlackRock Core Bond Trust (BHK) as of Q2 2019, up from 88 in Q1 2019.
- Funds reported $258M of BlackRock Core Bond Trust stock for Q2 2019, up 3.7% quarter-over-quarter.
- 8 funds opened new BlackRock Core Bond Trust positions in Q2 2019 and 5 closed out, a net change of +3 holders.
- The largest BlackRock Core Bond Trust buyer in Q2 2019 was Sit Investment Associates, an estimated $3.12M added.
- The largest BlackRock Core Bond Trust seller in Q2 2019 was Wells Fargo, an estimated $7.13M sold.
Based on aggregated 13F filings for Q2 2019.