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BlackRock Income Trust

57 hedge funds and large institutions have $98.9M invested in BlackRock Income Trust in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 24 increasing their positions, 12 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 12

15% more capital invested

Capital invested by funds: $85.9M → $98.9M (+$13.1M)

1.17% more ownership

Funds ownership: 6.05%7.23% (+1.2%)

8% less funds holding

Funds holding: 6257 (-5)

50% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 10

Holders
57
Holders Change
-5
Holders Change %
-8.06%
% of All Funds
1.85%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
24
Reduced
12
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$21.6M -$929K -47,484 -4%
GC
2
Guggenheim Capital
Illinois
$8.41M -$1.09M -55,530 -12%
Morgan Stanley
3
Morgan Stanley
New York
$7.74M +$111K +5,668 +1%
Wells Fargo
4
Wells Fargo
California
$7.54M +$3.26M +166,633 +79%
Invesco
5
Invesco
Georgia
$6.38M
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$6.1M -$1.72M -87,826 -22%
KIM
7
Karpus Investment Management
New York
$5.96M +$5.67M +290,134 +3,750%
1CP
8
1607 Capital Partners
Virginia
$5.66M +$4.5M +229,930 +433%
PPA
9
Parametric Portfolio Associates
Washington
$5.58M +$2.53M +129,311 +87%
LPL Financial
10
LPL Financial
California
$5.02M +$1.13M +57,696 +29%
NCM
11
Newgate Capital Management
Connecticut
$3.81M +$973K +49,733 +35%
WA
12
WFG Advisors
Texas
$3.06M -$444K -22,709 -13%
Bank of America
13
Bank of America
North Carolina
$1.69M +$947K +48,425 +135%
U
14
UBS
Switzerland
$1.45M -$66.9K -3,420 -5%
CAN
15
Cetera Advisor Networks
California
$1.31M -$11.7K -598 -0.9%
HighTower Advisors
16
HighTower Advisors
Illinois
$708K +$45.7K +2,337 +7%
DA
17
Doliver Advisors
Texas
$703K +$410K +20,943 +148%
Cambridge Investment Research Advisors
18
Cambridge Investment Research Advisors
Iowa
$521K +$54.9K +2,806 +12%
Commonwealth Equity Services
19
Commonwealth Equity Services
Massachusetts
$447K -$36.9K -1,886 -8%
Citigroup
20
Citigroup
New York
$447K +$9.8K +501 +2%
VKH
21
Virtu KCG Holdings
New York
$417K +$408K +20,838 New
Goldman Sachs
22
Goldman Sachs
New York
$384K +$268K +13,689 +249%
WJA
23
Williams Jones & Associates
New York
$347K
CHAM
24
Clear Harbor Asset Management
Connecticut
$316K
GEM
25
Global Endowment Management
North Carolina
$276K +$73.8K +3,774 +38%

BKT Hedge Fund Activity: Q3 2013 in Review

57 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in BlackRock Income Trust (BKT) for Q3 2013, worth a combined $98.9M — up 15% from $85.9M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of BKT and 5 opened new positions — a net loss of 5 holders — while 12 trimmed existing stakes and 24 added.

The largest buyer was Karpus Investment Management, adding an estimated $5.67M. The largest seller was Royal Bank of Canada, cutting an estimated $1.72M.

  • 57 institutional investors held BlackRock Income Trust (BKT) as of Q3 2013, down from 62 in Q2 2013.
  • Funds reported $98.9M of BlackRock Income Trust stock for Q3 2013, up 15% quarter-over-quarter.
  • 5 funds opened new BlackRock Income Trust positions in Q3 2013 and 10 closed out, a net change of -5 holders.
  • The largest BlackRock Income Trust buyer in Q3 2013 was Karpus Investment Management, an estimated $5.67M added.
  • The largest BlackRock Income Trust seller in Q3 2013 was Royal Bank of Canada, an estimated $1.72M sold.

Based on aggregated 13F filings for Q3 2013.