BlackRock Multi-Sector Income Trust
BIT
56 hedge funds and large institutions have $196M invested in BlackRock Multi-Sector Income Trust in 2015 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 24 increasing their positions, 13 reducing their positions, and 7 closing their positions.
129% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 7
85% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 13
19% more funds holding
Funds holding: 47 → 56 (+9)
14% more capital invested
Capital invested by funds: $172M → $196M (+$24.3M)
3.82% more ownership
Funds ownership: 28.45% → 32.27% (+3.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$9.98M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.86M |
| 3 |
LCM
Laurion Capital Management
New York
|
+$2.02M |
| 4 |
SG Americas Securities
New York
|
+$1.6M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.4M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.21M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.85M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.1M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$863K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DBT
51
Dubuque Bank & Trust
Dubuque,
Iowa
| $25K | – | – | – |
|
|
AIG
52
American International Group
New York
| $22K | -$54.8K | -3,451 | -71% |
|
|
PCM
53
Penserra Capital Management
Orinda,
California
| $7K | +$7.01K | +442 | New |
|
54
Creative Planning
Overland Park,
Kansas
| $6K | – | – | – |
|
|
WAM
55
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| $4K | +$3.65K | +230 | New |
|
|
IA
56
IFP Advisors
Tampa,
Florida
| $3K | +$3.17K | +200 | New |
|
|
CRC
57
Curi RMB Capital
Chicago,
Illinois
| – | -$1.1M | -69,877 | Closed |
|
|
TC
58
TFS Capital
West Chester,
Pennsylvania
| – | -$258K | -16,400 | Closed |
|
|
DA
59
Doliver Advisors
Houston,
Texas
| – | -$252K | -16,061 | Closed |
|
|
VKH
60
Virtu KCG Holdings
New York
| – | -$183K | -11,622 | Closed |
|
61
Citadel Advisors
Miami,
Florida
| – | -$164K | -10,423 | Closed |
|
|
TRCT
62
Tower Research Capital (TRC)
New York
| – | -$14K | -920 | Closed |
|
BIT Hedge Fund Activity: Q4 2015 in Review
56 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in BlackRock Multi-Sector Income Trust (BIT) for Q4 2015, worth a combined $196M — up 14% from $172M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new BIT positions and 7 closed out — a net gain of 9 holders — while 24 added to existing stakes and 13 trimmed.
The largest buyer was Eaton Vance Management, adding an estimated $9.98M. The largest seller was Bank of America, cutting an estimated $2.4M.
- 56 institutional investors held BlackRock Multi-Sector Income Trust (BIT) as of Q4 2015, up from 47 in Q3 2015.
- Funds reported $196M of BlackRock Multi-Sector Income Trust stock for Q4 2015, up 14% quarter-over-quarter.
- 16 funds opened new BlackRock Multi-Sector Income Trust positions in Q4 2015 and 7 closed out, a net change of +9 holders.
- The largest BlackRock Multi-Sector Income Trust buyer in Q4 2015 was Eaton Vance Management, an estimated $9.98M added.
- The largest BlackRock Multi-Sector Income Trust seller in Q4 2015 was Bank of America, an estimated $2.4M sold.
Based on aggregated 13F filings for Q4 2015.