BlackRock Income Trust
BKT
59 hedge funds and large institutions have $145M invested in BlackRock Income Trust in 2014 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 19 increasing their positions, 12 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
58% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 12
9% more funds holding
Funds holding: 54 → 59 (+5)
1% more capital invested
Capital invested by funds: $144M → $145M (+$1.34M)
0.67% more ownership
Funds ownership: 10.84% → 11.51% (+0.67%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$4.63M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.31M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.86M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.65M |
| 5 |
SCM
Saba Capital Management
New York
|
+$744K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.33M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$921K |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$678K |
| 4 |
LPL Financial
San Diego,
California
|
-$591K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$564K |
BKT Hedge Fund Activity: Q3 2014 in Review
59 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in BlackRock Income Trust (BKT) for Q3 2014, worth a combined $145M — up 0.93% from $144M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new BKT positions and 5 closed out — a net gain of 5 holders — while 19 added to existing stakes and 12 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $4.63M. The largest seller was Morgan Stanley, cutting an estimated $1.33M.
- 59 institutional investors held BlackRock Income Trust (BKT) as of Q3 2014, up from 54 in Q2 2014.
- Funds reported $145M of BlackRock Income Trust stock for Q3 2014, up 0.93% quarter-over-quarter.
- 10 funds opened new BlackRock Income Trust positions in Q3 2014 and 5 closed out, a net change of +5 holders.
- The largest BlackRock Income Trust buyer in Q3 2014 was Karpus Investment Management, an estimated $4.63M added.
- The largest BlackRock Income Trust seller in Q3 2014 was Morgan Stanley, an estimated $1.33M sold.
Based on aggregated 13F filings for Q3 2014.