BlackRock Multi-Sector Income Trust
BIT
47 hedge funds and large institutions have $172M invested in BlackRock Multi-Sector Income Trust in 2015 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 14 increasing their positions, 20 reducing their positions, and 7 closing their positions.
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
7% more funds holding
Funds holding: 44 → 47 (+3)
0.53% more ownership
Funds ownership: 27.92% → 28.45% (+0.53%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less capital invested
Capital invested by funds: $185M → $172M (-$13.7M)
30% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$7.73M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.33M |
| 3 |
LCM
Laurion Capital Management
New York
|
+$1.61M |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$1.5M |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$1.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$5.98M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$3.77M |
| 3 |
Morgan Stanley
New York
|
-$2.06M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.64M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$745K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FANJ
51
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$28K | -1,715 | Closed |
|
|
CTB
52
Country Trust Bank
Bloomington,
Illinois
| – | -$21.5K | -1,321 | -99% |
|
|
PAM
53
Panagora Asset Management
Boston,
Massachusetts
| – | -$22K | -1,297 | Closed |
|
54
US Bancorp
Minneapolis,
Minnesota
| – | -$5K | -300 | Closed |
|
BIT Hedge Fund Activity: Q3 2015 in Review
47 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in BlackRock Multi-Sector Income Trust (BIT) for Q3 2015, worth a combined $172M — down 7.4% from $185M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new BIT positions and 7 closed out — a net gain of 4 holders — while 14 added to existing stakes and 20 trimmed.
The largest buyer was Invesco, opening a new position worth an estimated $7.73M. The largest seller was Eaton Vance Management, cutting an estimated $5.98M.
- 47 institutional investors held BlackRock Multi-Sector Income Trust (BIT) as of Q3 2015, up from 44 in Q2 2015.
- Funds reported $172M of BlackRock Multi-Sector Income Trust stock for Q3 2015, down 7.4% quarter-over-quarter.
- 11 funds opened new BlackRock Multi-Sector Income Trust positions in Q3 2015 and 7 closed out, a net change of +4 holders.
- The largest BlackRock Multi-Sector Income Trust buyer in Q3 2015 was Invesco, an estimated $7.73M added.
- The largest BlackRock Multi-Sector Income Trust seller in Q3 2015 was Eaton Vance Management, an estimated $5.98M sold.
Based on aggregated 13F filings for Q3 2015.