BlackRock Income Trust
BKT
65 hedge funds and large institutions have $211M invested in BlackRock Income Trust in 2016 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 22 increasing their positions, 19 reducing their positions, and 5 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
16% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 19
5% more funds holding
Funds holding: 62 → 65 (+3)
4% less capital invested
Capital invested by funds: $220M → $211M (-$8.86M)
2.13% less ownership
Funds ownership: 51.98% → 49.86% (-2.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$6.16M |
| 2 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$3.61M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$906K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$397K |
| 5 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
+$245K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$5.13M |
| 2 |
LPL Financial
San Diego,
California
|
-$4.64M |
| 3 |
WA
WFG Advisors
Dallas,
Texas
|
-$2.7M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.21M |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$2.21M |
BKT Hedge Fund Activity: Q2 2016 in Review
65 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in BlackRock Income Trust (BKT) for Q2 2016, worth a combined $211M — down 4% from $220M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BKT positions and 5 closed out — a net gain of 3 holders — while 22 added to existing stakes and 19 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $6.16M. The largest seller was Parametric Portfolio Associates, exiting entirely with an estimated $5.13M sold.
- 65 institutional investors held BlackRock Income Trust (BKT) as of Q2 2016, up from 62 in Q1 2016.
- Funds reported $211M of BlackRock Income Trust stock for Q2 2016, down 4% quarter-over-quarter.
- 8 funds opened new BlackRock Income Trust positions in Q2 2016 and 5 closed out, a net change of +3 holders.
- The largest BlackRock Income Trust buyer in Q2 2016 was Sit Investment Associates, an estimated $6.16M added.
- The largest BlackRock Income Trust seller in Q2 2016 was Parametric Portfolio Associates, an estimated $5.13M sold.
Based on aggregated 13F filings for Q2 2016.