BlackRock Core Bond Trust
BHK
98 hedge funds and large institutions have $263M invested in BlackRock Core Bond Trust in 2019 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 40 increasing their positions, 21 reducing their positions, and 5 closing their positions.
160% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 5
90% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 21
9% more funds holding
Funds holding: 90 → 98 (+8)
2% more capital invested
Capital invested by funds: $258M → $263M (+$5.05M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.31% less ownership
Funds ownership: 34.06% → 33.74% (-0.31%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.83M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.17M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.11M |
| 4 |
Morgan Stanley
New York
|
+$1.1M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$913K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$11.7M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.99M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.68M |
| 4 |
SAM
Selway Asset Management
|
-$802K |
| 5 |
SDAM
Shulman DeMeo Asset Management
Lake Success,
New York
|
-$518K |
BHK Hedge Fund Activity: Q3 2019 in Review
98 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in BlackRock Core Bond Trust (BHK) for Q3 2019, worth a combined $263M — up 2% from $258M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BHK positions and 5 closed out — a net gain of 8 holders — while 40 added to existing stakes and 21 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $1.83M. The largest seller was Wells Fargo, cutting an estimated $11.7M.
- 98 institutional investors held BlackRock Core Bond Trust (BHK) as of Q3 2019, up from 90 in Q2 2019.
- Funds reported $263M of BlackRock Core Bond Trust stock for Q3 2019, up 2% quarter-over-quarter.
- 13 funds opened new BlackRock Core Bond Trust positions in Q3 2019 and 5 closed out, a net change of +8 holders.
- The largest BlackRock Core Bond Trust buyer in Q3 2019 was Sit Investment Associates, an estimated $1.83M added.
- The largest BlackRock Core Bond Trust seller in Q3 2019 was Wells Fargo, an estimated $11.7M sold.
Based on aggregated 13F filings for Q3 2019.