BlackRock Capital Investment Corporation
BKCC
BKCC was delisted on the 18th of March, 2024.
80 hedge funds and large institutions have $43.7M invested in BlackRock Capital Investment Corporation in 2023 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 23 increasing their positions, 19 reducing their positions, and 12 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 19
4% less capital invested
Capital invested by funds: $45.2M → $43.7M (-$1.59M)
6% less funds holding
Funds holding: 85 → 80 (-5)
42% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 12
79% less call options, than puts
Call options by funds: $3K | Put options by funds: $14K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Almitas Capital
Santa Monica,
California
|
+$1.05M |
| 2 |
AGM
Alpine Global Management
New York
|
+$652K |
| 3 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
+$284K |
| 4 |
TCA
Transcend Capital Advisors
Madison,
New Jersey
|
+$185K |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$131K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Telemus Capital
Southfield,
Michigan
|
-$1.36M |
| 2 |
MC
Muzinich & Co
New York
|
-$468K |
| 3 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$468K |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$153K |
| 5 |
AM
Ares Management
Los Angeles,
California
|
-$108K |
BKCC Hedge Fund Activity: Q2 2023 in Review
80 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in BlackRock Capital Investment Corporation (BKCC) for Q2 2023, worth a combined $43.7M — down 3.5% from $45.2M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of BKCC and 7 opened new positions — a net loss of 5 holders — while 19 trimmed existing stakes and 23 added.
The largest buyer was Almitas Capital, adding an estimated $1.05M. The largest seller was Telemus Capital, cutting an estimated $1.36M.
- 80 institutional investors held BlackRock Capital Investment Corporation (BKCC) as of Q2 2023, down from 85 in Q1 2023.
- Funds reported $43.7M of BlackRock Capital Investment Corporation stock for Q2 2023, down 3.5% quarter-over-quarter.
- 7 funds opened new BlackRock Capital Investment Corporation positions in Q2 2023 and 12 closed out, a net change of -5 holders.
- The largest BlackRock Capital Investment Corporation buyer in Q2 2023 was Almitas Capital, an estimated $1.05M added.
- The largest BlackRock Capital Investment Corporation seller in Q2 2023 was Telemus Capital, an estimated $1.36M sold.
Based on aggregated 13F filings for Q2 2023.