BlackRock Income Trust
BKT
62 hedge funds and large institutions have $177M invested in BlackRock Income Trust in 2015 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 21 increasing their positions, 14 reducing their positions, and 7 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 14
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
7% more capital invested
Capital invested by funds: $165M → $177M (+$11.1M)
0.9% more ownership
Funds ownership: 13.08% → 13.98% (+0.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 64 → 62 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$6.48M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
+$4.67M |
| 3 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
+$1.07M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.02M |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$953K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$1.71M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$559K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$486K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$389K |
| 5 |
SG Americas Securities
New York
|
-$381K |
BKT Hedge Fund Activity: Q1 2015 in Review
62 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in BlackRock Income Trust (BKT) for Q1 2015, worth a combined $177M — up 6.7% from $165M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BKT positions and 7 closed out — a net gain of 1 holder — while 21 added to existing stakes and 14 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $6.48M. The largest seller was Saba Capital Management, cutting an estimated $1.71M.
- 62 institutional investors held BlackRock Income Trust (BKT) as of Q1 2015, down from 64 in Q4 2014.
- Funds reported $177M of BlackRock Income Trust stock for Q1 2015, up 6.7% quarter-over-quarter.
- 8 funds opened new BlackRock Income Trust positions in Q1 2015 and 7 closed out, a net change of +1 holder.
- The largest BlackRock Income Trust buyer in Q1 2015 was Karpus Investment Management, an estimated $6.48M added.
- The largest BlackRock Income Trust seller in Q1 2015 was Saba Capital Management, an estimated $1.71M sold.
Based on aggregated 13F filings for Q1 2015.