BlackRock Income Trust
BKT
67 hedge funds and large institutions have $205M invested in BlackRock Income Trust in 2016 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 25 increasing their positions, 17 reducing their positions, and 7 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 17
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
3% more funds holding
Funds holding: 65 → 67 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.43% less ownership
Funds ownership: 49.86% → 49.43% (-0.43%)
3% less capital invested
Capital invested by funds: $211M → $205M (-$6.51M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$9.63M |
| 2 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$6.19M |
| 3 |
Morgan Stanley
New York
|
+$1.14M |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$398K |
| 5 |
LPL Financial
San Diego,
California
|
+$225K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$6.61M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$4.95M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$3.95M |
| 4 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$1.68M |
| 5 |
WA
WFG Advisors
Dallas,
Texas
|
-$842K |
BKT Hedge Fund Activity: Q3 2016 in Review
67 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in BlackRock Income Trust (BKT) for Q3 2016, worth a combined $205M — down 3.1% from $211M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new BKT positions and 7 closed out — a net gain of 2 holders — while 25 added to existing stakes and 17 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $9.63M. The largest seller was Karpus Investment Management, cutting an estimated $6.61M.
- 67 institutional investors held BlackRock Income Trust (BKT) as of Q3 2016, up from 65 in Q2 2016.
- Funds reported $205M of BlackRock Income Trust stock for Q3 2016, down 3.1% quarter-over-quarter.
- 9 funds opened new BlackRock Income Trust positions in Q3 2016 and 7 closed out, a net change of +2 holders.
- The largest BlackRock Income Trust buyer in Q3 2016 was Sit Investment Associates, an estimated $9.63M added.
- The largest BlackRock Income Trust seller in Q3 2016 was Karpus Investment Management, an estimated $6.61M sold.
Based on aggregated 13F filings for Q3 2016.