BlackRock Income Trust
BKT
69 hedge funds and large institutions have $201M invested in BlackRock Income Trust in 2018 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 20 increasing their positions, 22 reducing their positions, and 7 closing their positions.
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
20% more capital inflows, than outflows
Capital inflows: $8.9M | Capital outflows: $7.44M
3% more funds holding
Funds holding: 67 → 69 (+2)
0.4% more ownership
Funds ownership: 55.53% → 55.93% (+0.4%)
9% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Karpus Investment Management
Pittsford,
New York
|
+$1.53M |
| 2 |
1607 Capital Partners
Richmond,
Virginia
|
+$1.48M |
| 3 |
Morgan Stanley
New York
|
+$1.29M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.27M |
| 5 |
Lido Advisors
Los Angeles,
California
|
+$812K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
-$2.68M |
| 2 |
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.46M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.03M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$655K |
| 5 |
Kelman-Lazarov Inc
Memphis,
Tennessee
|
-$285K |
BKT Hedge Fund Activity: Q4 2018 in Review
69 of the 4,506 institutional investors tracked by Wall St. Rank reported a position in BlackRock Income Trust (BKT) for Q4 2018, worth a combined $201M — down 0.69% from $203M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new BKT positions and 7 closed out — a net gain of 3 holders — while 20 added to existing stakes and 22 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $1.53M. The largest seller was Bessemer Group, exiting entirely with an estimated $2.68M sold.
- 69 institutional investors held BlackRock Income Trust (BKT) as of Q4 2018, up from 67 in Q3 2018.
- Funds reported $201M of BlackRock Income Trust stock for Q4 2018, down 0.69% quarter-over-quarter.
- 10 funds opened new BlackRock Income Trust positions in Q4 2018 and 7 closed out, a net change of +3 holders.
- The largest BlackRock Income Trust buyer in Q4 2018 was Karpus Investment Management, an estimated $1.53M added.
- The largest BlackRock Income Trust seller in Q4 2018 was Bessemer Group, an estimated $2.68M sold.
Based on aggregated 13F filings for Q4 2018.