BlackRock Multi-Sector Income Trust
BIT
73 hedge funds and large institutions have $199M invested in BlackRock Multi-Sector Income Trust in 2019 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 23 increasing their positions, 21 reducing their positions, and 10 closing their positions.
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
9% more funds holding
Funds holding: 67 → 73 (+6)
10% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 21
0.52% more ownership
Funds ownership: 31.78% → 32.3% (+0.52%)
0% less capital invested
Capital invested by funds: $200M → $199M (-$434K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$3.52M |
| 2 |
EDRIA
Edmonds Duncan Registered Investment Advisors
Lawrence,
Kansas
|
+$2.77M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.2M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$970K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$439K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.96M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.12M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.67M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$618K |
| 5 |
LPL Financial
San Diego,
California
|
-$557K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
MML Investors Services
Springfield,
Massachusetts
| – | -$192K | -11,589 | Closed |
|
|
AIC
77
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$119K | -7,158 | Closed |
|
|
WCM
78
WealthBridge Capital Management
Westerville,
Ohio
| – | -$86K | -5,100 | Closed |
|
|
WAM
79
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$75K | -4,500 | Closed |
|
|
SWM
80
SeaCrest Wealth Management
Purchase,
New York
| – | -$73K | -4,402 | Closed |
|
|
HR
81
Howe & Rusling
Rochester,
New York
| – | -$17K | -1,000 | Closed |
|
|
KL
82
KWMG LLC
Overland Park,
Kansas
| – | -$13K | -793 | Closed |
|
83
Fidelity Investments
Boston,
Massachusetts
| – | +$17 | +1 | New |
|
BIT Hedge Fund Activity: Q2 2019 in Review
73 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in BlackRock Multi-Sector Income Trust (BIT) for Q2 2019, worth a combined $199M — down 0.22% from $200M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new BIT positions and 10 closed out — a net gain of 6 holders — while 23 added to existing stakes and 21 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $3.52M. The largest seller was Rivernorth Capital Management, cutting an estimated $2.96M.
- 73 institutional investors held BlackRock Multi-Sector Income Trust (BIT) as of Q2 2019, up from 67 in Q1 2019.
- Funds reported $199M of BlackRock Multi-Sector Income Trust stock for Q2 2019, down 0.22% quarter-over-quarter.
- 16 funds opened new BlackRock Multi-Sector Income Trust positions in Q2 2019 and 10 closed out, a net change of +6 holders.
- The largest BlackRock Multi-Sector Income Trust buyer in Q2 2019 was Cohen & Steers, an estimated $3.52M added.
- The largest BlackRock Multi-Sector Income Trust seller in Q2 2019 was Rivernorth Capital Management, an estimated $2.96M sold.
Based on aggregated 13F filings for Q2 2019.