BlackRock Multi-Sector Income Trust
BIT
72 hedge funds and large institutions have $102M invested in BlackRock Multi-Sector Income Trust in 2021 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 26 increasing their positions, 22 reducing their positions, and 6 closing their positions.
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
18% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 22
0% more funds holding
Funds holding: 72 → 72 (0)
2.04% less ownership
Funds ownership: 16.58% → 14.54% (-2%)
13% less capital invested
Capital invested by funds: $118M → $102M (-$15.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EGA
E&G Advisors
Houston,
Texas
|
+$1.78M |
| 2 |
WANY
Wealthspire Advisors (New York)
New York
|
+$1.68M |
| 3 |
AWM
Apollon Wealth Management
Mount Pleasant,
South Carolina
|
+$897K |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$467K |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$392K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.87M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$5.85M |
| 3 |
Cohen & Steers
New York
|
-$3.99M |
| 4 |
FFA
First Foundation Advisors
Irvine,
California
|
-$888K |
| 5 |
EDRIA
Edmonds Duncan Registered Investment Advisors
Lawrence,
Kansas
|
-$735K |
BIT Hedge Fund Activity: Q3 2021 in Review
72 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in BlackRock Multi-Sector Income Trust (BIT) for Q3 2021, worth a combined $102M — down 13% from $118M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BIT positions and 6 closed out — a net gain of 2 holders — while 26 added to existing stakes and 22 trimmed.
The largest buyer was E&G Advisors, opening a new position worth an estimated $1.78M. The largest seller was Morgan Stanley, cutting an estimated $5.87M.
- 72 institutional investors held BlackRock Multi-Sector Income Trust (BIT) as of Q3 2021, unchanged from Q2 2021.
- Funds reported $102M of BlackRock Multi-Sector Income Trust stock for Q3 2021, down 13% quarter-over-quarter.
- 8 funds opened new BlackRock Multi-Sector Income Trust positions in Q3 2021 and 6 closed out, a net change of +2 holders.
- The largest BlackRock Multi-Sector Income Trust buyer in Q3 2021 was E&G Advisors, an estimated $1.78M added.
- The largest BlackRock Multi-Sector Income Trust seller in Q3 2021 was Morgan Stanley, an estimated $5.87M sold.
Based on aggregated 13F filings for Q3 2021.