BlackRock Income Trust
BKT
65 hedge funds and large institutions have $198M invested in BlackRock Income Trust in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 20 increasing their positions, 22 reducing their positions, and 6 closing their positions.
0.14% more ownership
Funds ownership: 52.53% → 52.68% (+0.14%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less capital invested
Capital invested by funds: $207M → $198M (-$9.54M)
9% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 22
3% less funds holding
Funds holding: 67 → 65 (-2)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.36M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$947K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$564K |
| 4 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$460K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$372K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$1.14M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$953K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$653K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$613K |
| 5 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
-$215K |
BKT Hedge Fund Activity: Q1 2018 in Review
65 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in BlackRock Income Trust (BKT) for Q1 2018, worth a combined $198M — down 4.6% from $207M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of BKT and 5 opened new positions — a net loss of 1 holder — while 22 trimmed existing stakes and 20 added.
The largest buyer was Karpus Investment Management, adding an estimated $2.36M. The largest seller was LPL Financial, cutting an estimated $1.14M.
- 65 institutional investors held BlackRock Income Trust (BKT) as of Q1 2018, down from 67 in Q4 2017.
- Funds reported $198M of BlackRock Income Trust stock for Q1 2018, down 4.6% quarter-over-quarter.
- 5 funds opened new BlackRock Income Trust positions in Q1 2018 and 6 closed out, a net change of -1 holder.
- The largest BlackRock Income Trust buyer in Q1 2018 was Karpus Investment Management, an estimated $2.36M added.
- The largest BlackRock Income Trust seller in Q1 2018 was LPL Financial, an estimated $1.14M sold.
Based on aggregated 13F filings for Q1 2018.