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BlackRock Multi-Sector Income Trust

56 hedge funds and large institutions have $196M invested in BlackRock Multi-Sector Income Trust in 2015 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 24 increasing their positions, 13 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

129% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 7

85% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 13

19% more funds holding

Funds holding: 4756 (+9)

14% more capital invested

Capital invested by funds: $172M → $196M (+$24.3M)

3.82% more ownership

Funds ownership: 28.45%32.27% (+3.8%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

Holders
56
Holders Change
+9
Holders Change %
+19.15%
% of All Funds
1.47%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
16
Increased
24
Reduced
13
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$21.5M +$1.47M +92,524 +7%
RCM
2
Rivernorth Capital Management
Florida
$21.1M +$2.86M +179,962 +16%
UBS Group
3
UBS Group
Switzerland
$19.2M -$1.85M -116,778 -9%
Bessemer Group
4
Bessemer Group
New Jersey
$18.1M +$603K +38,000 +3%
Morgan Stanley
5
Morgan Stanley
New York
$16.7M +$900K +56,715 +6%
Wells Fargo
6
Wells Fargo
California
$13.7M -$2.21M -139,365 -14%
Bank of America
7
Bank of America
North Carolina
$13.2M -$2.4M -151,505 -15%
EVM
8
Eaton Vance Management
Massachusetts
$10.5M +$9.98M +628,668 +1,636%
Invesco
9
Invesco
Georgia
$8.1M +$604K +38,077 +8%
Deutsche Bank
10
Deutsche Bank
Germany
$6.54M -$863K -54,405 -12%
PPA
11
Parametric Portfolio Associates
Washington
$6.13M +$1.11M +70,103 +22%
LCM
12
Laurion Capital Management
New York
$3.57M +$2.02M +126,977 +128%
MIG
13
Mariner Investment Group
New York
$3.42M +$188K +11,824 +6%
LCM
14
Landscape Capital Management
New Jersey
$2.95M +$1.55M +97,688 +110%
RVPG
15
Relative Value Partners Group
$2.7M -$311K -19,594 -10%
LPL Financial
16
LPL Financial
California
$2.44M +$1.22M +77,095 +101%
AAM
17
Advisors Asset Management
Colorado
$2.22M +$840K +52,915 +60%
YMRC
18
Yorktown Management & Research Company
Virginia
$2.04M
WAM
19
Wolverine Asset Management
Illinois
$1.7M +$484K +30,500 +40%
Citigroup
20
Citigroup
New York
$1.69M +$123K +7,748 +8%
SG Americas Securities
21
SG Americas Securities
New York
$1.6M +$1.6M +100,954 New
VIA
22
Vident Investment Advisory
Georgia
$1.51M +$1.52M +95,841 New
FWM
23
Frontier Wealth Management
Missouri
$1.3M -$19.8K -1,250 -1%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$1.28M -$455K -28,653 -26%
AA
25
AQR Arbitrage
Connecticut
$1.26M +$458K +28,868 +57%

BIT Hedge Fund Activity: Q4 2015 in Review

56 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in BlackRock Multi-Sector Income Trust (BIT) for Q4 2015, worth a combined $196M — up 14% from $172M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new BIT positions and 7 closed out — a net gain of 9 holders — while 24 added to existing stakes and 13 trimmed.

The largest buyer was Eaton Vance Management, adding an estimated $9.98M. The largest seller was Bank of America, cutting an estimated $2.4M.

  • 56 institutional investors held BlackRock Multi-Sector Income Trust (BIT) as of Q4 2015, up from 47 in Q3 2015.
  • Funds reported $196M of BlackRock Multi-Sector Income Trust stock for Q4 2015, up 14% quarter-over-quarter.
  • 16 funds opened new BlackRock Multi-Sector Income Trust positions in Q4 2015 and 7 closed out, a net change of +9 holders.
  • The largest BlackRock Multi-Sector Income Trust buyer in Q4 2015 was Eaton Vance Management, an estimated $9.98M added.
  • The largest BlackRock Multi-Sector Income Trust seller in Q4 2015 was Bank of America, an estimated $2.4M sold.

Based on aggregated 13F filings for Q4 2015.