BlackRock Income Trust
BKT
79 hedge funds and large institutions have $154M invested in BlackRock Income Trust in 2020 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 28 increasing their positions, 18 reducing their positions, and 5 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 18
0% more funds holding
Funds holding: 79 → 79 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
7.19% less ownership
Funds ownership: 46.87% → 39.67% (-7.2%)
16% less capital invested
Capital invested by funds: $185M → $154M (-$30.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
+$2.64M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.65M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.06M |
| 4 |
EM
Excalibur Management
Waltham,
Massachusetts
|
+$958K |
| 5 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
+$699K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$17.8M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$7.71M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$7.35M |
| 4 |
BlackRock
New York
|
-$4.02M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$802K |
BKT Hedge Fund Activity: Q3 2020 in Review
79 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in BlackRock Income Trust (BKT) for Q3 2020, worth a combined $154M — down 16% from $185M a quarter earlier.
Fund positioning in BKT was balanced in Q3 2020: 5 funds opened new positions, 5 closed out, 28 added to existing stakes and 18 trimmed.
The largest buyer was Stifel Financial, adding an estimated $2.64M. The largest seller was Karpus Investment Management, cutting an estimated $17.8M.
- 79 institutional investors held BlackRock Income Trust (BKT) as of Q3 2020, unchanged from Q2 2020.
- Funds reported $154M of BlackRock Income Trust stock for Q3 2020, down 16% quarter-over-quarter.
- 5 funds opened new BlackRock Income Trust positions in Q3 2020 and 5 closed out, a net change of 0 holders.
- The largest BlackRock Income Trust buyer in Q3 2020 was Stifel Financial, an estimated $2.64M added.
- The largest BlackRock Income Trust seller in Q3 2020 was Karpus Investment Management, an estimated $17.8M sold.
Based on aggregated 13F filings for Q3 2020.