BlackRock Core Bond Trust
BHK
98 hedge funds and large institutions have $150M invested in BlackRock Core Bond Trust in 2023 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 33 increasing their positions, 31 reducing their positions, and 17 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 31
3% less capital invested
Capital invested by funds: $154M → $150M (-$4.12M)
2.02% less ownership
Funds ownership: 27.76% → 25.73% (-2%)
5% less funds holding
Funds holding: 103 → 98 (-5)
18% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.65M |
| 2 |
SFC
SYM Financial Corp
Winona Lake,
Indiana
|
+$1.79M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.79M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$495K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$473K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$6.28M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
-$3.71M |
| 3 |
Morgan Stanley
New York
|
-$1.52M |
| 4 |
IWA
IBEX Wealth Advisors
Bedminster,
New Jersey
|
-$1.5M |
| 5 |
RF
RHS Financial
San Francisco,
California
|
-$1.39M |
BHK Hedge Fund Activity: Q1 2023 in Review
98 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in BlackRock Core Bond Trust (BHK) for Q1 2023, worth a combined $150M — down 2.7% from $154M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of BHK and 14 opened new positions — a net loss of 3 holders — while 31 trimmed existing stakes and 33 added.
The largest buyer was Sit Investment Associates, adding an estimated $3.65M. The largest seller was Capital Investment Advisors, exiting entirely with an estimated $6.28M sold.
- 98 institutional investors held BlackRock Core Bond Trust (BHK) as of Q1 2023, down from 103 in Q4 2022.
- Funds reported $150M of BlackRock Core Bond Trust stock for Q1 2023, down 2.7% quarter-over-quarter.
- 14 funds opened new BlackRock Core Bond Trust positions in Q1 2023 and 17 closed out, a net change of -3 holders.
- The largest BlackRock Core Bond Trust buyer in Q1 2023 was Sit Investment Associates, an estimated $3.65M added.
- The largest BlackRock Core Bond Trust seller in Q1 2023 was Capital Investment Advisors, an estimated $6.28M sold.
Based on aggregated 13F filings for Q1 2023.