BlackRock Multi-Sector Income Trust
BIT
65 hedge funds and large institutions have $186M invested in BlackRock Multi-Sector Income Trust in 2018 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 21 increasing their positions, 20 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
7% more funds holding
Funds holding: 61 → 65 (+4)
5% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 20
0.61% less ownership
Funds ownership: 29.72% → 29.11% (-0.61%)
3% less capital invested
Capital invested by funds: $192M → $186M (-$5.82M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$2.83M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.33M |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$1.46M |
| 4 |
Morgan Stanley
New York
|
+$993K |
| 5 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$986K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$5.78M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$3.51M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.36M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
-$1.2M |
| 5 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
-$1M |
BIT Hedge Fund Activity: Q3 2018 in Review
65 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in BlackRock Multi-Sector Income Trust (BIT) for Q3 2018, worth a combined $186M — down 3% from $192M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new BIT positions and 6 closed out — a net gain of 4 holders — while 21 added to existing stakes and 20 trimmed.
The largest buyer was UBS Group, adding an estimated $2.83M. The largest seller was Rivernorth Capital Management, cutting an estimated $5.78M.
- 65 institutional investors held BlackRock Multi-Sector Income Trust (BIT) as of Q3 2018, up from 61 in Q2 2018.
- Funds reported $186M of BlackRock Multi-Sector Income Trust stock for Q3 2018, down 3% quarter-over-quarter.
- 10 funds opened new BlackRock Multi-Sector Income Trust positions in Q3 2018 and 6 closed out, a net change of +4 holders.
- The largest BlackRock Multi-Sector Income Trust buyer in Q3 2018 was UBS Group, an estimated $2.83M added.
- The largest BlackRock Multi-Sector Income Trust seller in Q3 2018 was Rivernorth Capital Management, an estimated $5.78M sold.
Based on aggregated 13F filings for Q3 2018.