BlackRock Multi-Sector Income Trust
BIT
74 hedge funds and large institutions have $137M invested in BlackRock Multi-Sector Income Trust in 2020 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 26 increasing their positions, 21 reducing their positions, and 9 closing their positions.
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
24% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 21
9% more capital invested
Capital invested by funds: $126M → $137M (+$11.4M)
6% more funds holding
Funds holding: 70 → 74 (+4)
0.39% less ownership
Funds ownership: 21.21% → 20.82% (-0.39%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.42M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.26M |
| 3 |
CCFM
Clear Creek Financial Management
Silverdale,
Washington
|
+$838K |
| 4 |
Morgan Stanley
New York
|
+$780K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$506K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$3.59M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$3.36M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.08M |
| 4 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
-$335K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$329K |
BIT Hedge Fund Activity: Q4 2020 in Review
74 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in BlackRock Multi-Sector Income Trust (BIT) for Q4 2020, worth a combined $137M — up 9.1% from $126M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BIT positions and 9 closed out — a net gain of 4 holders — while 26 added to existing stakes and 21 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $3.42M. The largest seller was Wells Fargo, cutting an estimated $3.59M.
- 74 institutional investors held BlackRock Multi-Sector Income Trust (BIT) as of Q4 2020, up from 70 in Q3 2020.
- Funds reported $137M of BlackRock Multi-Sector Income Trust stock for Q4 2020, up 9.1% quarter-over-quarter.
- 13 funds opened new BlackRock Multi-Sector Income Trust positions in Q4 2020 and 9 closed out, a net change of +4 holders.
- The largest BlackRock Multi-Sector Income Trust buyer in Q4 2020 was Rivernorth Capital Management, an estimated $3.42M added.
- The largest BlackRock Multi-Sector Income Trust seller in Q4 2020 was Wells Fargo, an estimated $3.59M sold.
Based on aggregated 13F filings for Q4 2020.