BlackRock Income Trust
BKT
61 hedge funds and large institutions have $206M invested in BlackRock Income Trust in 2015 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 18 reducing their positions, and 7 closing their positions.
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
6% more capital invested
Capital invested by funds: $194M → $206M (+$12.3M)
2% more funds holding
Funds holding: 60 → 61 (+1)
0.83% more ownership
Funds ownership: 16.04% → 16.87% (+0.83%)
17% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 18
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$6.36M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.11M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.23M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$748K |
| 5 |
PP
Paloma Partners
Greenwich,
Connecticut
|
+$733K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.93M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$239K |
| 3 |
Morgan Stanley
New York
|
-$236K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$188K |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$178K |
BKT Hedge Fund Activity: Q4 2015 in Review
61 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in BlackRock Income Trust (BKT) for Q4 2015, worth a combined $206M — up 6.3% from $194M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BKT positions and 7 closed out — a net gain of 1 holder — while 15 added to existing stakes and 18 trimmed.
The largest buyer was LPL Financial, adding an estimated $6.36M. The largest seller was 1607 Capital Partners, cutting an estimated $1.93M.
- 61 institutional investors held BlackRock Income Trust (BKT) as of Q4 2015, up from 60 in Q3 2015.
- Funds reported $206M of BlackRock Income Trust stock for Q4 2015, up 6.3% quarter-over-quarter.
- 8 funds opened new BlackRock Income Trust positions in Q4 2015 and 7 closed out, a net change of +1 holder.
- The largest BlackRock Income Trust buyer in Q4 2015 was LPL Financial, an estimated $6.36M added.
- The largest BlackRock Income Trust seller in Q4 2015 was 1607 Capital Partners, an estimated $1.93M sold.
Based on aggregated 13F filings for Q4 2015.