BlackRock Multi-Sector Income Trust
BIT
76 hedge funds and large institutions have $81.3M 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, 26 reducing their positions, and 10 closing their positions.
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
4% more funds holding
Funds holding: 73 → 76 (+3)
0.4% less ownership
Funds ownership: 15.6% → 15.2% (-0.4%)
2% less capital invested
Capital invested by funds: $83.4M → $81.3M (-$2.04M)
8% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 26
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
76 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in BlackRock Multi-Sector Income Trust (BIT) for Q3 2022, worth a combined $81.3M — down 2.4% from $83.4M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BIT positions and 10 closed out — a net gain of 3 holders — while 24 added to existing stakes and 26 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.
- 76 institutional investors held BlackRock Multi-Sector Income Trust (BIT) as of Q3 2022, up from 73 in Q2 2022.
- Funds reported $81.3M of BlackRock Multi-Sector Income Trust stock for Q3 2022, down 2.4% quarter-over-quarter.
- 13 funds opened new BlackRock Multi-Sector Income Trust positions in Q3 2022 and 10 closed out, a net change of +3 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.