BlackRock Multi-Sector Income Trust
BIT
44 hedge funds and large institutions have $185M invested in BlackRock Multi-Sector Income Trust in 2015 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 16 increasing their positions, 14 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
14% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 14
10% more funds holding
Funds holding: 40 → 44 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.04% less ownership
Funds ownership: 27.96% → 27.92% (-0.04%)
5% less capital invested
Capital invested by funds: $195M → $185M (-$9.65M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$3.5M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
+$3.46M |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$1.96M |
| 4 |
FWM
Frontier Wealth Management
Kansas City,
Missouri
|
+$1.29M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$9.8M |
| 2 |
SCM
Saba Capital Management
New York
|
-$2.4M |
| 3 |
Morgan Stanley
New York
|
-$1.91M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$556K |
| 5 |
LPL Financial
San Diego,
California
|
-$301K |
BIT Hedge Fund Activity: Q2 2015 in Review
44 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in BlackRock Multi-Sector Income Trust (BIT) for Q2 2015, worth a combined $185M — down 4.9% from $195M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new BIT positions and 5 closed out — a net gain of 5 holders — while 16 added to existing stakes and 14 trimmed.
The largest buyer was Eaton Vance Management, adding an estimated $3.5M. The largest seller was Deutsche Bank, cutting an estimated $9.8M.
- 44 institutional investors held BlackRock Multi-Sector Income Trust (BIT) as of Q2 2015, up from 40 in Q1 2015.
- Funds reported $185M of BlackRock Multi-Sector Income Trust stock for Q2 2015, down 4.9% quarter-over-quarter.
- 10 funds opened new BlackRock Multi-Sector Income Trust positions in Q2 2015 and 5 closed out, a net change of +5 holders.
- The largest BlackRock Multi-Sector Income Trust buyer in Q2 2015 was Eaton Vance Management, an estimated $3.5M added.
- The largest BlackRock Multi-Sector Income Trust seller in Q2 2015 was Deutsche Bank, an estimated $9.8M sold.
Based on aggregated 13F filings for Q2 2015.