BlackRock Multi-Sector Income Trust
BIT
77 hedge funds and large institutions have $102M invested in BlackRock Multi-Sector Income Trust in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 24 increasing their positions, 20 reducing their positions, and 11 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 20
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
3% less funds holding
Funds holding: 79 → 77 (-2)
3.24% less ownership
Funds ownership: 20.26% → 17.03% (-3.2%)
12% less capital invested
Capital invested by funds: $116M → $102M (-$14.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EW
Evoke Wealth
Los Angeles,
California
|
+$1.22M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$917K |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$834K |
| 4 |
SCA
Snowden Capital Advisors
New York
|
+$707K |
| 5 |
LPL Financial
San Diego,
California
|
+$568K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$17.3M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.26M |
| 3 |
GS
GTS Securities
New York
|
-$933K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$581K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$571K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VAMG
76
Voisard Asset Management Group
Grand Rapids,
Michigan
| $1.59K | – | – | – |
|
|
TRCT
77
Tower Research Capital (TRC)
New York
| $48 | +$46 | +3 | New |
|
|
GS
78
GTS Securities
New York
| – | -$933K | -62,173 | Closed |
|
|
SA
79
Sunesis Advisors
Overland Park,
Kansas
| – | -$367K | -24,490 | Closed |
|
|
SWP
80
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$292K | -19,485 | Closed |
|
|
PGFC
81
Peapack-Gladstone Financial Corp
Bedminster,
New Jersey
| – | -$235K | -15,697 | Closed |
|
|
HF
82
HRT Financial
New York
| – | -$190K | -12,726 | Closed |
|
83
Jane Street
New York
| – | -$188K | -12,550 | Closed |
|
84
Truist Financial
Charlotte,
North Carolina
| – | -$179K | -11,955 | Closed |
|
|
VF
85
Virtu Financial
New York
| – | -$176K | -11,708 | Closed |
|
|
CPRC
86
Consolidated Portfolio Review Corp
Woodbury,
New York
| – | -$174K | -11,583 | Closed |
|
87
JP Morgan Chase
New York
| – | -$2.31K | -154 | Closed |
|
|
HI
88
Hoey Investments
Coatesville,
Pennsylvania
| – | -$1.5K | -100 | Closed |
|
BIT Hedge Fund Activity: Q1 2024 in Review
77 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in BlackRock Multi-Sector Income Trust (BIT) for Q1 2024, worth a combined $102M — down 12% from $116M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of BIT and 10 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 24 added.
The largest buyer was Evoke Wealth, opening a new position worth an estimated $1.22M. The largest seller was Morgan Stanley, cutting an estimated $17.3M.
- 77 institutional investors held BlackRock Multi-Sector Income Trust (BIT) as of Q1 2024, down from 79 in Q4 2023.
- Funds reported $102M of BlackRock Multi-Sector Income Trust stock for Q1 2024, down 12% quarter-over-quarter.
- 10 funds opened new BlackRock Multi-Sector Income Trust positions in Q1 2024 and 11 closed out, a net change of -1 holder.
- The largest BlackRock Multi-Sector Income Trust buyer in Q1 2024 was Evoke Wealth, an estimated $1.22M added.
- The largest BlackRock Multi-Sector Income Trust seller in Q1 2024 was Morgan Stanley, an estimated $17.3M sold.
Based on aggregated 13F filings for Q1 2024.