BlackRock Income Trust
BKT
75 hedge funds and large institutions have $139M invested in BlackRock Income Trust in 2020 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 30 increasing their positions, 13 reducing their positions, and 13 closing their positions.
131% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 13
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.82% less ownership
Funds ownership: 39.67% → 35.86% (-3.8%)
5% less funds holding
Funds holding: 79 → 75 (-4)
10% less capital invested
Capital invested by funds: $154M → $139M (-$15.3M)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.24M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.86M |
| 3 |
VRM
Vectors Research Management
New York
|
+$1.33M |
| 4 |
HC
HNP Capital
Rochester,
New York
|
+$1.31M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$21.2M |
| 2 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
-$3.48M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.15M |
| 4 |
DWM
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
-$610K |
| 5 |
EH
Equitable Holdings
New York
|
-$354K |
BKT Hedge Fund Activity: Q4 2020 in Review
75 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in BlackRock Income Trust (BKT) for Q4 2020, worth a combined $139M — down 9.9% from $154M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of BKT and 9 opened new positions — a net loss of 4 holders — while 13 trimmed existing stakes and 30 added.
The largest buyer was Bank of America, adding an estimated $2.24M. The largest seller was Karpus Investment Management, cutting an estimated $21.2M.
- 75 institutional investors held BlackRock Income Trust (BKT) as of Q4 2020, down from 79 in Q3 2020.
- Funds reported $139M of BlackRock Income Trust stock for Q4 2020, down 9.9% quarter-over-quarter.
- 9 funds opened new BlackRock Income Trust positions in Q4 2020 and 13 closed out, a net change of -4 holders.
- The largest BlackRock Income Trust buyer in Q4 2020 was Bank of America, an estimated $2.24M added.
- The largest BlackRock Income Trust seller in Q4 2020 was Karpus Investment Management, an estimated $21.2M sold.
Based on aggregated 13F filings for Q4 2020.