BlackRock Multi-Sector Income Trust
BIT
48 hedge funds and large institutions have $188M 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.
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: 41 → 48 (+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: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $195M → $188M (-$6.63M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.23M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.08M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.67M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.52M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$6.96M |
| 2 |
Barclays
London,
United Kingdom
|
-$2.98M |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.78M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
-$406K |
| 5 |
AIM
Allen Investment Management
New York
|
-$231K |
BIT Hedge Fund Activity: Q4 2014 in Review
48 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in BlackRock Multi-Sector Income Trust (BIT) for Q4 2014, worth a combined $188M — down 3.4% from $195M 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 $188M of BlackRock Multi-Sector Income Trust stock for Q4 2014, down 3.4% 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.