BlackRock Multi-Sector Income Trust
BIT
77 hedge funds and large institutions have $102M invested in BlackRock Multi-Sector Income Trust in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 24 increasing their positions, 20 reducing their positions, and 11 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 20
4% more capital invested
Capital invested by funds: $97.6M → $102M (+$3.93M)
0.28% less ownership
Funds ownership: 17.31% → 17.03% (-0.28%)
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
3% less funds holding
Funds holding: 79 → 77 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EW
Evoke Wealth
Los Angeles,
California
|
+$1.22M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$917K |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$834K |
| 4 |
SCA
Snowden Capital Advisors
New York
|
+$707K |
| 5 |
LPL Financial
San Diego,
California
|
+$568K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.26M |
| 2 |
GS
GTS Securities
Miami,
Florida
|
-$933K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$581K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$571K |
| 5 |
SA
Sunesis Advisors
Overland Park,
Kansas
|
-$367K |
BIT Hedge Fund Activity: Q1 2024 in Review
77 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in BlackRock Multi-Sector Income Trust (BIT) for Q1 2024, worth a combined $102M — up 4% from $97.6M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of BIT and 10 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 24 added.
The largest buyer was Evoke Wealth, opening a new position worth an estimated $1.22M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $2.26M.
- 77 institutional investors held BlackRock Multi-Sector Income Trust (BIT) as of Q1 2024, down from 79 in Q4 2023.
- Funds reported $102M of BlackRock Multi-Sector Income Trust stock for Q1 2024, up 4% quarter-over-quarter.
- 10 funds opened new BlackRock Multi-Sector Income Trust positions in Q1 2024 and 11 closed out, a net change of -1 holder.
- The largest BlackRock Multi-Sector Income Trust buyer in Q1 2024 was Evoke Wealth, an estimated $1.22M added.
- The largest BlackRock Multi-Sector Income Trust seller in Q1 2024 was Raymond James Financial Services Advisors, an estimated $2.26M sold.
Based on aggregated 13F filings for Q1 2024.