BlackRock Multi-Sector Income Trust
BIT
72 hedge funds and large institutions have $118M invested in BlackRock Multi-Sector Income Trust in 2021 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 26 reducing their positions, and 13 closing their positions.
3% less ownership
Funds ownership: 19.58% → 16.58% (-3%)
5% less funds holding
Funds holding: 76 → 72 (-4)
11% less capital invested
Capital invested by funds: $132M → $118M (-$14.4M)
12% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 26
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$939K |
| 2 |
CCFM
Clear Creek Financial Management
Silverdale,
Washington
|
+$653K |
| 3 |
AWM
Apollon Wealth Management
Mount Pleasant,
South Carolina
|
+$568K |
| 4 |
LPL Financial
San Diego,
California
|
+$530K |
| 5 |
EW
Evoke Wealth
Los Angeles,
California
|
+$443K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.98M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$4.28M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.92M |
| 4 |
EDRIA
Edmonds Duncan Registered Investment Advisors
Lawrence,
Kansas
|
-$2.64M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$1.91M |
BIT Hedge Fund Activity: Q2 2021 in Review
72 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in BlackRock Multi-Sector Income Trust (BIT) for Q2 2021, worth a combined $118M — down 11% from $132M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of BIT and 9 opened new positions — a net loss of 4 holders — while 26 trimmed existing stakes and 23 added.
The largest buyer was Private Advisor Group, opening a new position worth an estimated $939K. The largest seller was Morgan Stanley, cutting an estimated $4.98M.
- 72 institutional investors held BlackRock Multi-Sector Income Trust (BIT) as of Q2 2021, down from 76 in Q1 2021.
- Funds reported $118M of BlackRock Multi-Sector Income Trust stock for Q2 2021, down 11% quarter-over-quarter.
- 9 funds opened new BlackRock Multi-Sector Income Trust positions in Q2 2021 and 13 closed out, a net change of -4 holders.
- The largest BlackRock Multi-Sector Income Trust buyer in Q2 2021 was Private Advisor Group, an estimated $939K added.
- The largest BlackRock Multi-Sector Income Trust seller in Q2 2021 was Morgan Stanley, an estimated $4.98M sold.
Based on aggregated 13F filings for Q2 2021.