BlackRock Income Trust
BKT
65 hedge funds and large institutions have $213M invested in BlackRock Income Trust in 2019 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 23 increasing their positions, 15 reducing their positions, and 10 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 15
6% more capital invested
Capital invested by funds: $201M → $213M (+$11.6M)
0.19% more ownership
Funds ownership: 55.93% → 56.12% (+0.19%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 69 → 65 (-4)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$10.9M |
| 2 |
Morgan Stanley
New York
|
+$2.75M |
| 3 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$2.22M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.14M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$862K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$13.1M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$3.82M |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$1.03M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$845K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$320K |
BKT Hedge Fund Activity: Q1 2019 in Review
65 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in BlackRock Income Trust (BKT) for Q1 2019, worth a combined $213M — up 5.7% from $201M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of BKT and 7 opened new positions — a net loss of 3 holders — while 15 trimmed existing stakes and 23 added.
The largest buyer was Sit Investment Associates, adding an estimated $10.9M. The largest seller was Wells Fargo, cutting an estimated $13.1M.
- 65 institutional investors held BlackRock Income Trust (BKT) as of Q1 2019, down from 69 in Q4 2018.
- Funds reported $213M of BlackRock Income Trust stock for Q1 2019, up 5.7% quarter-over-quarter.
- 7 funds opened new BlackRock Income Trust positions in Q1 2019 and 10 closed out, a net change of -3 holders.
- The largest BlackRock Income Trust buyer in Q1 2019 was Sit Investment Associates, an estimated $10.9M added.
- The largest BlackRock Income Trust seller in Q1 2019 was Wells Fargo, an estimated $13.1M sold.
Based on aggregated 13F filings for Q1 2019.