BlackRock Multi-Sector Income Trust
BIT
76 hedge funds and large institutions have $81.3M invested in BlackRock Multi-Sector Income Trust in 2022 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 24 increasing their positions, 26 reducing their positions, and 10 closing their positions.
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
4% more funds holding
Funds holding: 73 → 76 (+3)
0.4% less ownership
Funds ownership: 15.6% → 15.2% (-0.4%)
2% less capital invested
Capital invested by funds: $83.4M → $81.3M (-$2.04M)
8% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 26
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $67K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
+$3.61M |
| 2 |
WWM
Western Wealth Management
Golden,
Colorado
|
+$495K |
| 3 |
Morgan Stanley
New York
|
+$455K |
| 4 |
WANY
Wealthspire Advisors (New York)
New York
|
+$386K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$369K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.13M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.08M |
| 3 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
-$853K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$667K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$645K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PA
76
Parallel Advisors
San Francisco,
California
| $2K | +$46 | +3 | +3% |
|
|
SFS
77
Shaker Financial Services
Arlington,
Virginia
| – | -$1.13M | -79,512 | Closed |
|
|
WAM
78
Wolverine Asset Management
Chicago,
Illinois
| – | -$636K | -44,760 | Closed |
|
|
RIG
79
Ramiah Investment Group
Brookfield,
Wisconsin
| – | -$529K | -37,252 | Closed |
|
80
Baird Financial Group
Milwaukee,
Wisconsin
| – | -$456K | -32,099 | Closed |
|
|
LCM
81
Landscape Capital Management
Englewood,
New Jersey
| – | -$436K | -30,710 | Closed |
|
|
OFG
82
OTA Financial Group
Purchase,
New York
| – | -$248K | -17,457 | Closed |
|
83
Cetera Investment Advisers
Schaumburg,
Illinois
| – | -$185K | -13,022 | Closed |
|
|
SWM
84
Sugarloaf Wealth Management
Duluth,
Georgia
| – | -$71.9K | -4,652 | Closed |
|
|
SWM
85
SeaCrest Wealth Management
Purchase,
New York
| – | -$61K | -4,303 | Closed |
|
|
TRCT
86
Tower Research Capital (TRC)
New York
| – | -$1K | -49 | Closed |
|
BIT Hedge Fund Activity: Q3 2022 in Review
76 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in BlackRock Multi-Sector Income Trust (BIT) for Q3 2022, worth a combined $81.3M — down 2.4% from $83.4M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BIT positions and 10 closed out — a net gain of 3 holders — while 24 added to existing stakes and 26 trimmed.
The largest buyer was Penserra Capital Management, opening a new position worth an estimated $3.61M. The largest seller was Shaker Financial Services, exiting entirely with an estimated $1.13M sold.
- 76 institutional investors held BlackRock Multi-Sector Income Trust (BIT) as of Q3 2022, up from 73 in Q2 2022.
- Funds reported $81.3M of BlackRock Multi-Sector Income Trust stock for Q3 2022, down 2.4% quarter-over-quarter.
- 13 funds opened new BlackRock Multi-Sector Income Trust positions in Q3 2022 and 10 closed out, a net change of +3 holders.
- The largest BlackRock Multi-Sector Income Trust buyer in Q3 2022 was Penserra Capital Management, an estimated $3.61M added.
- The largest BlackRock Multi-Sector Income Trust seller in Q3 2022 was Shaker Financial Services, an estimated $1.13M sold.
Based on aggregated 13F filings for Q3 2022.