BlackRock Multi-Sector Income Trust
BIT
57 hedge funds and large institutions have $200M invested in BlackRock Multi-Sector Income Trust in 2016 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 22 increasing their positions, 23 reducing their positions, and 8 closing their positions.
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
2% more funds holding
Funds holding: 56 → 57 (+1)
1.12% more ownership
Funds ownership: 32.27% → 33.39% (+1.1%)
2% more capital invested
Capital invested by funds: $196M → $200M (+$3.66M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$5.47M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.68M |
| 3 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
+$1.71M |
| 4 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
+$1.54M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$3.57M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.18M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.1M |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$957K |
| 5 |
RVPG
Relative Value Partners Group
|
-$775K |
BIT Hedge Fund Activity: Q1 2016 in Review
57 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in BlackRock Multi-Sector Income Trust (BIT) for Q1 2016, worth a combined $200M — up 1.9% from $196M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new BIT positions and 8 closed out — a net gain of 1 holder — while 22 added to existing stakes and 23 trimmed.
The largest buyer was City of London Investment Management, adding an estimated $5.47M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $3.57M sold.
- 57 institutional investors held BlackRock Multi-Sector Income Trust (BIT) as of Q1 2016, up from 56 in Q4 2015.
- Funds reported $200M of BlackRock Multi-Sector Income Trust stock for Q1 2016, up 1.9% quarter-over-quarter.
- 9 funds opened new BlackRock Multi-Sector Income Trust positions in Q1 2016 and 8 closed out, a net change of +1 holder.
- The largest BlackRock Multi-Sector Income Trust buyer in Q1 2016 was City of London Investment Management, an estimated $5.47M added.
- The largest BlackRock Multi-Sector Income Trust seller in Q1 2016 was Laurion Capital Management, an estimated $3.57M sold.
Based on aggregated 13F filings for Q1 2016.