BlackRock Multi-Sector Income Trust
BIT
59 hedge funds and large institutions have $207M invested in BlackRock Multi-Sector Income Trust in 2017 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 24 increasing their positions, 22 reducing their positions, and 9 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 22
3% more capital invested
Capital invested by funds: $202M → $207M (+$5.13M)
0.17% less ownership
Funds ownership: 29.18% → 29.01% (-0.17%)
5% less funds holding
Funds holding: 62 → 59 (-3)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$4.01M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.69M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.9M |
| 4 |
Morgan Stanley
New York
|
+$1.19M |
| 5 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
+$762K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.59M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
-$3.2M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.19M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.47M |
| 5 |
AGA
Accuvest Global Advisors
Provo,
Utah
|
-$1.05M |
BIT Hedge Fund Activity: Q3 2017 in Review
59 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in BlackRock Multi-Sector Income Trust (BIT) for Q3 2017, worth a combined $207M — up 2.5% from $202M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of BIT and 6 opened new positions — a net loss of 3 holders — while 22 trimmed existing stakes and 24 added.
The largest buyer was Advisors Asset Management, adding an estimated $4.01M. The largest seller was Rivernorth Capital Management, cutting an estimated $3.59M.
- 59 institutional investors held BlackRock Multi-Sector Income Trust (BIT) as of Q3 2017, down from 62 in Q2 2017.
- Funds reported $207M of BlackRock Multi-Sector Income Trust stock for Q3 2017, up 2.5% quarter-over-quarter.
- 6 funds opened new BlackRock Multi-Sector Income Trust positions in Q3 2017 and 9 closed out, a net change of -3 holders.
- The largest BlackRock Multi-Sector Income Trust buyer in Q3 2017 was Advisors Asset Management, an estimated $4.01M added.
- The largest BlackRock Multi-Sector Income Trust seller in Q3 2017 was Rivernorth Capital Management, an estimated $3.59M sold.
Based on aggregated 13F filings for Q3 2017.