BlackRock Multi-Sector Income Trust
BIT
62 hedge funds and large institutions have $180M invested in BlackRock Multi-Sector Income Trust in 2016 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 29 increasing their positions, 13 reducing their positions, and 7 closing their positions.
123% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 13
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
5% more funds holding
Funds holding: 59 → 62 (+3)
0.51% more ownership
Funds ownership: 27.84% → 28.35% (+0.51%)
2% less capital invested
Capital invested by funds: $183M → $180M (-$3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.04M |
| 2 |
Millennium Management
New York
|
+$1.83M |
| 3 |
Morgan Stanley
New York
|
+$1.67M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.03M |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$3.21M |
| 2 |
LCM
Laurion Capital Management
New York
|
-$3.13M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.22M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.02M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$428K |
BIT Hedge Fund Activity: Q4 2016 in Review
62 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in BlackRock Multi-Sector Income Trust (BIT) for Q4 2016, worth a combined $180M — down 1.6% from $183M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new BIT positions and 7 closed out — a net gain of 4 holders — while 29 added to existing stakes and 13 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $2.04M. The largest seller was Yorktown Management & Research Company, cutting an estimated $3.21M.
- 62 institutional investors held BlackRock Multi-Sector Income Trust (BIT) as of Q4 2016, up from 59 in Q3 2016.
- Funds reported $180M of BlackRock Multi-Sector Income Trust stock for Q4 2016, down 1.6% quarter-over-quarter.
- 11 funds opened new BlackRock Multi-Sector Income Trust positions in Q4 2016 and 7 closed out, a net change of +4 holders.
- The largest BlackRock Multi-Sector Income Trust buyer in Q4 2016 was Rivernorth Capital Management, an estimated $2.04M added.
- The largest BlackRock Multi-Sector Income Trust seller in Q4 2016 was Yorktown Management & Research Company, an estimated $3.21M sold.
Based on aggregated 13F filings for Q4 2016.