BlackRock Income Trust
BKT
57 hedge funds and large institutions have $115M invested in BlackRock Income Trust in 2013 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 14 increasing their positions, 21 reducing their positions, and 10 closing their positions.
16% more capital invested
Capital invested by funds: $98.9M → $115M (+$15.7M)
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
1.53% more ownership
Funds ownership: 7.23% → 8.76% (+1.5%)
0% more funds holding
Funds holding: 57 → 57 (0)
33% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$9.97M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$7.22M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$5.23M |
| 4 |
SCM
Saba Capital Management
New York
|
+$3.28M |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$829K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$3.81M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.55M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.46M |
| 4 |
Morgan Stanley
New York
|
-$514K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$396K |
BKT Hedge Fund Activity: Q4 2013 in Review
57 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in BlackRock Income Trust (BKT) for Q4 2013, worth a combined $115M — up 16% from $98.9M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new BKT positions and 10 closed out — a net gain of 1 holder — while 14 added to existing stakes and 21 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $9.97M. The largest seller was Newgate Capital Management, exiting entirely with an estimated $3.81M sold.
- 57 institutional investors held BlackRock Income Trust (BKT) as of Q4 2013, unchanged from Q3 2013.
- Funds reported $115M of BlackRock Income Trust stock for Q4 2013, up 16% quarter-over-quarter.
- 11 funds opened new BlackRock Income Trust positions in Q4 2013 and 10 closed out, a net change of +1 holder.
- The largest BlackRock Income Trust buyer in Q4 2013 was Karpus Investment Management, an estimated $9.97M added.
- The largest BlackRock Income Trust seller in Q4 2013 was Newgate Capital Management, an estimated $3.81M sold.
Based on aggregated 13F filings for Q4 2013.