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BlackRock Multi-Sector Income Trust

61 hedge funds and large institutions have $192M invested in BlackRock Multi-Sector Income Trust in 2018 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 22 increasing their positions, 20 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 20

2.43% less ownership

Funds ownership: 32.15%29.72% (-2.4%)

7% less capital invested

Capital invested by funds: $207M → $192M (-$14.4M)

10% less funds holding

Funds holding: 6861 (-7)

55% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 11

Holders
61
Holders Change
-7
Holders Change %
-10.29%
% of All Funds
1.4%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
22
Reduced
20
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Envestnet Asset Management
51
Envestnet Asset Management
Illinois
$33K
TRCT
52
Tower Research Capital (TRC)
New York
$25K +$14.8K +866 +144%
FANJ
53
Financial Architects (New Jersey)
New Jersey
$21K
IA
54
IFP Advisors
Florida
$18K +$3.41K +200 +23%
SEI Investments
55
SEI Investments
Pennsylvania
$16K +$16K +940 New
WC
56
Whitnell & Co
Illinois
$14K
BCA
57
Bay Colony Advisors
Massachusetts
$14K +$13.5K +790 New
KL
58
KWMG LLC
Kansas
$14K +$13.5K +793 New
JCM
59
Jacobi Capital Management
Pennsylvania
$10K
WOC
60
West Oak Capital
California
$3.42K
WAP
61
Wealthcare Advisory Partners
Pennsylvania
$2K -$18.8K -1,100 -92%
SFS
62
Shaker Financial Services
Virginia
-$3.94M -234,454 Closed
CRC
63
Curi RMB Capital
Illinois
-$3.32M -197,889 Closed
WAM
64
Wolverine Asset Management
Illinois
-$1.2M -71,708 Closed
SCM
65
Saba Capital Management
New York
-$864K -51,467 Closed
DA
66
Doliver Advisors
Texas
-$748K -44,579 Closed
BTS
67
BB&T Securities
Virginia
-$207K -12,347 Closed
Janney Montgomery Scott
68
Janney Montgomery Scott
Pennsylvania
-$190K -11,345 Closed
OC
69
Oppenheimer & Co
New York
-$175K -10,450 Closed
EWM
70
Endurance Wealth Management
Rhode Island
-$71K -4,200 Closed
TJHA
71
Thomas J. Herzfeld Advisors
Florida
-$35K -2,100 Closed
CCM
72
Covington Capital Management
California
-$8K -465 Closed

BIT Hedge Fund Activity: Q2 2018 in Review

61 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in BlackRock Multi-Sector Income Trust (BIT) for Q2 2018, worth a combined $192M — down 7% from $207M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of BIT and 5 opened new positions — a net loss of 6 holders — while 20 trimmed existing stakes and 22 added.

The largest buyer was Stifel Financial, adding an estimated $2.57M. The largest seller was Eaton Vance Management, cutting an estimated $11.5M.

  • 61 institutional investors held BlackRock Multi-Sector Income Trust (BIT) as of Q2 2018, down from 68 in Q1 2018.
  • Funds reported $192M of BlackRock Multi-Sector Income Trust stock for Q2 2018, down 7% quarter-over-quarter.
  • 5 funds opened new BlackRock Multi-Sector Income Trust positions in Q2 2018 and 11 closed out, a net change of -6 holders.
  • The largest BlackRock Multi-Sector Income Trust buyer in Q2 2018 was Stifel Financial, an estimated $2.57M added.
  • The largest BlackRock Multi-Sector Income Trust seller in Q2 2018 was Eaton Vance Management, an estimated $11.5M sold.

Based on aggregated 13F filings for Q2 2018.