BlackRock Multi-Sector Income Trust
BIT
76 hedge funds and large institutions have $132M invested in BlackRock Multi-Sector Income Trust in 2021 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 26 increasing their positions, 22 reducing their positions, and 10 closing their positions.
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
18% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 22
3% more funds holding
Funds holding: 74 → 76 (+2)
3% less capital invested
Capital invested by funds: $137M → $132M (-$4.77M)
1.24% less ownership
Funds ownership: 20.82% → 19.58% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.42M |
| 2 |
Cohen & Steers
New York
|
+$1.99M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.54M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$850K |
| 5 |
PGFC
Peapack-Gladstone Financial Corp
Bedminster,
New Jersey
|
+$416K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$7M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$2.14M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.87M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.4M |
| 5 |
Morgan Stanley
New York
|
-$1.36M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CBA
76
Coastal Bridge Advisors
Westport,
Connecticut
| – | -$227K | -12,960 | Closed |
|
|
SPC
77
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$190K | -10,807 | Closed |
|
|
FFA
78
Founders Financial Alliance
Raleigh,
North Carolina
| – | -$179K | -10,107 | Closed |
|
|
MC
79
Moors & Cabot
Boston,
Massachusetts
| – | -$173K | -10,017 | Closed |
|
80
Bessemer Group
Woodbridge,
New Jersey
| – | -$172K | -9,800 | Closed |
|
|
AWG
81
Altus Wealth Group
Colorado Springs,
Colorado
| – | -$64K | -3,640 | Closed |
|
|
ASN
82
Advisory Services Network
Atlanta,
Georgia
| – | -$46K | -2,627 | Closed |
|
83
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$14K | -800 | Closed |
|
|
VFA
84
Valeo Financial Advisors
Carmel,
Indiana
| – | -$705 | -40 | -67% |
|
|
OSAM
85
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | +$88 | +5 | New |
|
BIT Hedge Fund Activity: Q1 2021 in Review
76 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in BlackRock Multi-Sector Income Trust (BIT) for Q1 2021, worth a combined $132M — down 3.5% from $137M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BIT positions and 10 closed out — a net gain of 3 holders — while 26 added to existing stakes and 22 trimmed.
The largest buyer was Ameriprise, adding an estimated $3.42M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $7M sold.
- 76 institutional investors held BlackRock Multi-Sector Income Trust (BIT) as of Q1 2021, up from 74 in Q4 2020.
- Funds reported $132M of BlackRock Multi-Sector Income Trust stock for Q1 2021, down 3.5% quarter-over-quarter.
- 13 funds opened new BlackRock Multi-Sector Income Trust positions in Q1 2021 and 10 closed out, a net change of +3 holders.
- The largest BlackRock Multi-Sector Income Trust buyer in Q1 2021 was Ameriprise, an estimated $3.42M added.
- The largest BlackRock Multi-Sector Income Trust seller in Q1 2021 was Rivernorth Capital Management, an estimated $7M sold.
Based on aggregated 13F filings for Q1 2021.