BlackRock Income Trust
BKT
67 hedge funds and large institutions have $207M invested in BlackRock Income Trust in 2017 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 16 increasing their positions, 25 reducing their positions, and 10 closing their positions.
30% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 10
3% more funds holding
Funds holding: 65 → 67 (+2)
0.27% more ownership
Funds ownership: 17.24% → 17.51% (+0.27%)
0% less capital invested
Capital invested by funds: $208M → $207M (-$519K)
36% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 25
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$10.4M |
| 2 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$1.85M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.28M |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$356K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$225K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$5.35M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.32M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
-$923K |
| 4 |
UR
USCA RIA
Houston,
Texas
|
-$920K |
| 5 |
LPL Financial
San Diego,
California
|
-$390K |
BKT Hedge Fund Activity: Q4 2017 in Review
67 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in BlackRock Income Trust (BKT) for Q4 2017, worth a combined $207M — down 0.25% from $208M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BKT positions and 10 closed out — a net gain of 3 holders — while 16 added to existing stakes and 25 trimmed.
The largest buyer was Wells Fargo, adding an estimated $10.4M. The largest seller was Karpus Investment Management, cutting an estimated $5.35M.
- 67 institutional investors held BlackRock Income Trust (BKT) as of Q4 2017, up from 65 in Q3 2017.
- Funds reported $207M of BlackRock Income Trust stock for Q4 2017, down 0.25% quarter-over-quarter.
- 13 funds opened new BlackRock Income Trust positions in Q4 2017 and 10 closed out, a net change of +3 holders.
- The largest BlackRock Income Trust buyer in Q4 2017 was Wells Fargo, an estimated $10.4M added.
- The largest BlackRock Income Trust seller in Q4 2017 was Karpus Investment Management, an estimated $5.35M sold.
Based on aggregated 13F filings for Q4 2017.