BlackRock Income Trust
BKT
76 hedge funds and large institutions have $191M invested in BlackRock Income Trust in 2019 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 27 increasing their positions, 14 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
93% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 14
9% more funds holding
Funds holding: 70 → 76 (+6)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.83% less ownership
Funds ownership: 17.31% → 16.48% (-0.83%)
5% less capital invested
Capital invested by funds: $201M → $191M (-$10.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$5.47M |
| 2 |
FM
Family Management
New York
|
+$2.39M |
| 3 |
ACP
Aviance Capital Partners
Naples,
Florida
|
+$974K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$940K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$829K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$11.7M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$9.99M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.99M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$442K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$222K |
BKT Hedge Fund Activity: Q4 2019 in Review
76 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in BlackRock Income Trust (BKT) for Q4 2019, worth a combined $191M — down 5.3% from $201M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new BKT positions and 4 closed out — a net gain of 6 holders — while 27 added to existing stakes and 14 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $5.47M. The largest seller was Wells Fargo, cutting an estimated $11.7M.
- 76 institutional investors held BlackRock Income Trust (BKT) as of Q4 2019, up from 70 in Q3 2019.
- Funds reported $191M of BlackRock Income Trust stock for Q4 2019, down 5.3% quarter-over-quarter.
- 10 funds opened new BlackRock Income Trust positions in Q4 2019 and 4 closed out, a net change of +6 holders.
- The largest BlackRock Income Trust buyer in Q4 2019 was Sit Investment Associates, an estimated $5.47M added.
- The largest BlackRock Income Trust seller in Q4 2019 was Wells Fargo, an estimated $11.7M sold.
Based on aggregated 13F filings for Q4 2019.