BlackRock Capital Investment Corporation
BKCC
BKCC was delisted on the 18th of March, 2024.
85 hedge funds and large institutions have $60.5M invested in BlackRock Capital Investment Corporation in 2023 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 25 increasing their positions, 17 reducing their positions, and 15 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 17
12% more capital invested
Capital invested by funds: $54.1M → $60.5M (+$6.41M)
7% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 15
3% less funds holding
Funds holding: 88 → 85 (-3)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $6K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Almitas Capital
Santa Monica,
California
|
+$7.54M |
| 2 |
AGM
Alpine Global Management
New York
|
+$354K |
| 3 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
+$281K |
| 4 |
Lido Advisors
Los Angeles,
California
|
+$234K |
| 5 |
LPL Financial
San Diego,
California
|
+$137K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sagefield Capital
Dallas,
Texas
|
-$665K |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$546K |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$519K |
| 4 |
Squarepoint
New York
|
-$493K |
| 5 |
TC
Telemus Capital
Southfield,
Michigan
|
-$463K |
BKCC Hedge Fund Activity: Q4 2023 in Review
85 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in BlackRock Capital Investment Corporation (BKCC) for Q4 2023, worth a combined $60.5M — up 12% from $54.1M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of BKCC and 14 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 25 added.
The largest buyer was Almitas Capital, adding an estimated $7.54M. The largest seller was Sagefield Capital, exiting entirely with an estimated $665K sold.
- 85 institutional investors held BlackRock Capital Investment Corporation (BKCC) as of Q4 2023, down from 88 in Q3 2023.
- Funds reported $60.5M of BlackRock Capital Investment Corporation stock for Q4 2023, up 12% quarter-over-quarter.
- 14 funds opened new BlackRock Capital Investment Corporation positions in Q4 2023 and 15 closed out, a net change of -1 holder.
- The largest BlackRock Capital Investment Corporation buyer in Q4 2023 was Almitas Capital, an estimated $7.54M added.
- The largest BlackRock Capital Investment Corporation seller in Q4 2023 was Sagefield Capital, an estimated $665K sold.
Based on aggregated 13F filings for Q4 2023.