BlackRock Multi-Sector Income Trust
BIT
79 hedge funds and large institutions have $116M invested in BlackRock Multi-Sector Income Trust in 2023 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 21 increasing their positions, 31 reducing their positions, and 7 closing their positions.
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
27% more capital invested
Capital invested by funds: $91.5M → $116M (+$24.4M)
3.43% more ownership
Funds ownership: 16.84% → 20.26% (+3.4%)
3% more funds holding
Funds holding: 77 → 79 (+2)
32% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$15.2M |
| 2 |
MFIM
Mesirow Financial Investment Management
Chicago,
Illinois
|
+$2.37M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.93M |
| 4 |
GS
GTS Securities
New York
|
+$912K |
| 5 |
CWP
Cyndeo Wealth Partners
St. Petersburg,
Florida
|
+$797K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
-$1.24M |
| 2 |
EW
Evoke Wealth
Los Angeles,
California
|
-$1.18M |
| 3 |
RIG
Ramiah Investment Group
Brookfield,
Wisconsin
|
-$700K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$662K |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$455K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
JP Morgan Chase
New York
| $2.31K | -$108K | -7,379 | -98% |
|
|
CAS
77
Coppell Advisory Solutions
Coppell,
Texas
| $1.56K | +$1.52K | +104 | New |
|
|
HI
78
Hoey Investments
Coatesville,
Pennsylvania
| $1.5K | – | – | – |
|
|
VAMG
79
Voisard Asset Management Group
Grand Rapids,
Michigan
| $1.5K | +$1.47K | +100 | New |
|
|
CAM
80
Cresset Asset Management
Chicago,
Illinois
| – | -$1.24M | -85,898 | Closed |
|
|
EW
81
Evoke Wealth
Los Angeles,
California
| – | -$1.18M | -81,501 | Closed |
|
|
RIG
82
Ramiah Investment Group
Brookfield,
Wisconsin
| – | -$700K | -48,386 | Closed |
|
83
HighTower Advisors
Chicago,
Illinois
| – | -$298K | -20,659 | Closed |
|
84
Northern Trust
Chicago,
Illinois
| – | -$205K | -14,196 | Closed |
|
|
OP
85
ORG Partners
Roanoke,
Indiana
| – | -$47.2K | -3,260 | Closed |
|
|
SIS
86
Sound Income Strategies
Ft Lauderdale,
Florida
| – | -$42K | -2,900 | Closed |
|
BIT Hedge Fund Activity: Q4 2023 in Review
79 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in BlackRock Multi-Sector Income Trust (BIT) for Q4 2023, worth a combined $116M — up 27% from $91.5M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new BIT positions and 7 closed out — a net gain of 2 holders — while 21 added to existing stakes and 31 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $15.2M. The largest seller was Cresset Asset Management, exiting entirely with an estimated $1.24M sold.
- 79 institutional investors held BlackRock Multi-Sector Income Trust (BIT) as of Q4 2023, up from 77 in Q3 2023.
- Funds reported $116M of BlackRock Multi-Sector Income Trust stock for Q4 2023, up 27% quarter-over-quarter.
- 9 funds opened new BlackRock Multi-Sector Income Trust positions in Q4 2023 and 7 closed out, a net change of +2 holders.
- The largest BlackRock Multi-Sector Income Trust buyer in Q4 2023 was Morgan Stanley, an estimated $15.2M added.
- The largest BlackRock Multi-Sector Income Trust seller in Q4 2023 was Cresset Asset Management, an estimated $1.24M sold.
Based on aggregated 13F filings for Q4 2023.