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BlackRock Multi-Sector Income Trust

48 hedge funds and large institutions have $192M invested in BlackRock Multi-Sector Income Trust in 2014 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 19 increasing their positions, 10 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 6

90% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 10

17% more funds holding

Funds holding: 4148 (+7)

0.45% more ownership

Funds ownership: 27.68%28.14% (+0.45%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

4% less capital invested

Capital invested by funds: $200M → $192M (-$7.51M)

Holders
48
Holders Change
+7
Holders Change %
+17.07%
% of All Funds
1.28%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
14
Increased
19
Reduced
10
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$33.6M -$6.96M -398,890 -17%
UBS Group
2
UBS Group
Switzerland
$30.8M +$32.1M +1,837,647 New
Morgan Stanley
3
Morgan Stanley
New York
$30.6M +$4.23M +242,152 +15%
RCM
4
Rivernorth Capital Management
Florida
$18.9M +$141K +8,055 +0.7%
Wells Fargo
5
Wells Fargo
California
$11.5M +$1.67M +95,800 +16%
Deutsche Bank
6
Deutsche Bank
Germany
$9.03M +$1.31M +75,036 +16%
Bank of America
7
Bank of America
North Carolina
$9M +$868K +49,701 +10%
Invesco
8
Invesco
Georgia
$6.8M
Bessemer Group
9
Bessemer Group
New Jersey
$5.52M -$406K -23,285 -7%
RVP
10
Relative Value Partners
Illinois
$4.81M -$13.7K -784 -0.3%
BTS
11
BB&T Securities
Virginia
$4.38M -$67.6K -3,872 -13%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$4.04M +$2.08M +119,025 +98%
PPA
13
Parametric Portfolio Associates
Washington
$3.83M +$115K +6,569 +3%
IMS
14
Index Management Solutions
Pennsylvania
$3M +$549K +31,423 +21%
LPL Financial
15
LPL Financial
California
$2.21M -$224K -12,841 -9%
MIG
16
Mariner Investment Group
New York
$2.08M -$1.78M -102,242 -45%
AAM
17
Advisors Asset Management
Colorado
$1.46M +$1.52M +87,182 New
WAM
18
Wolverine Asset Management
Illinois
$1.23M +$721K +41,311 +130%
Citigroup
19
Citigroup
New York
$1.05M +$972K +55,681 +789%
TC
20
TFS Capital
Pennsylvania
$971K -$163K -9,346 -14%
First Trust Advisors
21
First Trust Advisors
Illinois
$762K +$40.7K +2,332 +5%
LCM
22
Landscape Capital Management
New Jersey
$742K +$388K +22,220 +101%
SFS
23
Shaker Financial Services
Virginia
$675K +$526K +30,134 +297%
BI
24
BlueSpruce Investments
Illinois
$590K +$614K +35,180 New
CIA
25
Capital Investment Advisors
Georgia
$414K +$431K +24,716 New

BIT Hedge Fund Activity: Q4 2014 in Review

48 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in BlackRock Multi-Sector Income Trust (BIT) for Q4 2014, worth a combined $192M — down 3.8% from $200M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new BIT positions and 6 closed out — a net gain of 8 holders — while 19 added to existing stakes and 10 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $4.23M. The largest seller was Saba Capital Management, cutting an estimated $6.96M.

  • 48 institutional investors held BlackRock Multi-Sector Income Trust (BIT) as of Q4 2014, up from 41 in Q3 2014.
  • Funds reported $192M of BlackRock Multi-Sector Income Trust stock for Q4 2014, down 3.8% quarter-over-quarter.
  • 14 funds opened new BlackRock Multi-Sector Income Trust positions in Q4 2014 and 6 closed out, a net change of +8 holders.
  • The largest BlackRock Multi-Sector Income Trust buyer in Q4 2014 was Morgan Stanley, an estimated $4.23M added.
  • The largest BlackRock Multi-Sector Income Trust seller in Q4 2014 was Saba Capital Management, an estimated $6.96M sold.

Based on aggregated 13F filings for Q4 2014.