BlackRock Income Trust
BKT
71 hedge funds and large institutions have $206M invested in BlackRock Income Trust in 2019 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 20 increasing their positions, 22 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
9% more funds holding
Funds holding: 65 → 71 (+6)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $213M → $206M (-$7.17M)
9% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 22
2.84% less ownership
Funds ownership: 56.12% → 53.28% (-2.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.43M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.22M |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$753K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$498K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$442K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$7.47M |
| 2 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$6.09M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.92M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$354K |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$289K |
BKT Hedge Fund Activity: Q2 2019 in Review
71 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in BlackRock Income Trust (BKT) for Q2 2019, worth a combined $206M — down 3.4% from $213M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new BKT positions and 4 closed out — a net gain of 6 holders — while 20 added to existing stakes and 22 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.43M. The largest seller was Wells Fargo, cutting an estimated $7.47M.
- 71 institutional investors held BlackRock Income Trust (BKT) as of Q2 2019, up from 65 in Q1 2019.
- Funds reported $206M of BlackRock Income Trust stock for Q2 2019, down 3.4% quarter-over-quarter.
- 10 funds opened new BlackRock Income Trust positions in Q2 2019 and 4 closed out, a net change of +6 holders.
- The largest BlackRock Income Trust buyer in Q2 2019 was Morgan Stanley, an estimated $1.43M added.
- The largest BlackRock Income Trust seller in Q2 2019 was Wells Fargo, an estimated $7.47M sold.
Based on aggregated 13F filings for Q2 2019.