BlackRock Multi-Sector Income Trust
BIT
77 hedge funds and large institutions have $81.7M invested in BlackRock Multi-Sector Income Trust in 2022 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 24 increasing their positions, 27 reducing their positions, and 9 closing their positions.
44% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 9
5% more funds holding
Funds holding: 73 → 77 (+4)
0.33% less ownership
Funds ownership: 15.6% → 15.27% (-0.33%)
2% less capital invested
Capital invested by funds: $83.4M → $81.7M (-$1.63M)
11% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 27
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $67K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
+$3.61M |
| 2 |
WWM
Western Wealth Management
Golden,
Colorado
|
+$495K |
| 3 |
Morgan Stanley
New York
|
+$455K |
| 4 |
WANY
Wealthspire Advisors (New York)
New York
|
+$386K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$369K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.13M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.08M |
| 3 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
-$853K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$667K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$645K |
BIT Hedge Fund Activity: Q3 2022 in Review
77 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in BlackRock Multi-Sector Income Trust (BIT) for Q3 2022, worth a combined $81.7M — down 2% from $83.4M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BIT positions and 9 closed out — a net gain of 4 holders — while 24 added to existing stakes and 27 trimmed.
The largest buyer was Penserra Capital Management, opening a new position worth an estimated $3.61M. The largest seller was Shaker Financial Services, exiting entirely with an estimated $1.13M sold.
- 77 institutional investors held BlackRock Multi-Sector Income Trust (BIT) as of Q3 2022, up from 73 in Q2 2022.
- Funds reported $81.7M of BlackRock Multi-Sector Income Trust stock for Q3 2022, down 2% quarter-over-quarter.
- 13 funds opened new BlackRock Multi-Sector Income Trust positions in Q3 2022 and 9 closed out, a net change of +4 holders.
- The largest BlackRock Multi-Sector Income Trust buyer in Q3 2022 was Penserra Capital Management, an estimated $3.61M added.
- The largest BlackRock Multi-Sector Income Trust seller in Q3 2022 was Shaker Financial Services, an estimated $1.13M sold.
Based on aggregated 13F filings for Q3 2022.