BlackRock Income Trust
BKT
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.
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: 62 → 57 (-5)
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$5.67M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$4.5M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$3.26M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.53M |
| 5 |
LPL Financial
San Diego,
California
|
+$1.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.72M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.09M |
| 3 |
HB
Homrich & Berg
Atlanta,
Georgia
|
-$1.02M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$929K |
| 5 |
WA
WFG Advisors
Dallas,
Texas
|
-$444K |
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.