BlackRock Multi-Sector Income Trust
BIT
73 hedge funds and large institutions have $91.1M invested in BlackRock Multi-Sector Income Trust in 2023 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 27 increasing their positions, 21 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
29% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 21
4% more funds holding
Funds holding: 70 → 73 (+3)
5% more capital invested
Capital invested by funds: $87.1M → $91.1M (+$4.05M)
0.95% more ownership
Funds ownership: 15.93% → 16.88% (+0.95%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
+$2.44M |
| 2 |
LPL Financial
San Diego,
California
|
+$2.36M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.43M |
| 4 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
+$1.34M |
| 5 |
HFRG
Houlihan Financial Resource Group
Ashburn,
Virginia
|
+$278K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
Ramiah Investment Group
Brookfield,
Wisconsin
|
-$1.14M |
| 2 |
Mariner
Overland Park,
Kansas
|
-$1.01M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$499K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$264K |
| 5 |
JP Morgan Chase
New York
|
-$260K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AAS
76
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$8.46K | -580 | Closed |
|
77
Fidelity Investments
Boston,
Massachusetts
| – | -$7.27K | -499 | Closed |
|
BIT Hedge Fund Activity: Q2 2023 in Review
73 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in BlackRock Multi-Sector Income Trust (BIT) for Q2 2023, worth a combined $91.1M — up 4.7% from $87.1M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BIT positions and 4 closed out — a net gain of 4 holders — while 27 added to existing stakes and 21 trimmed.
The largest buyer was Foundations Investment Advisors, opening a new position worth an estimated $2.44M. The largest seller was Ramiah Investment Group, cutting an estimated $1.14M.
- 73 institutional investors held BlackRock Multi-Sector Income Trust (BIT) as of Q2 2023, up from 70 in Q1 2023.
- Funds reported $91.1M of BlackRock Multi-Sector Income Trust stock for Q2 2023, up 4.7% quarter-over-quarter.
- 8 funds opened new BlackRock Multi-Sector Income Trust positions in Q2 2023 and 4 closed out, a net change of +4 holders.
- The largest BlackRock Multi-Sector Income Trust buyer in Q2 2023 was Foundations Investment Advisors, an estimated $2.44M added.
- The largest BlackRock Multi-Sector Income Trust seller in Q2 2023 was Ramiah Investment Group, an estimated $1.14M sold.
Based on aggregated 13F filings for Q2 2023.