BlackRock Limited Duration Income Trust
BLW
50 hedge funds and large institutions have $109M invested in BlackRock Limited Duration Income Trust in 2014 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 25 increasing their positions, 11 reducing their positions, and 4 closing their positions.
127% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 11
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
4% more funds holding
Funds holding: 48 → 50 (+2)
1.06% more ownership
Funds ownership: 17.13% → 18.18% (+1.1%)
1% less capital invested
Capital invested by funds: $110M → $109M (-$772K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.69M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.77M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$1.31M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$794K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$669K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$1.11M |
| 2 |
SG Americas Securities
New York
|
-$1.06M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$463K |
| 4 |
CWM
Cabot Wealth Management
Salem,
Massachusetts
|
-$347K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$280K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
SG Americas Securities
New York
| – | -$1.06M | -61,458 | Closed |
|
|
CWM
52
Cabot Wealth Management
Salem,
Massachusetts
| – | -$347K | -20,050 | Closed |
|
53
Jane Street
New York
| – | -$256K | -14,806 | Closed |
|
|
FCCM
54
First City Capital Management
Savannah,
Georgia
| – | -$8.64K | -500 | Closed |
|
BLW Hedge Fund Activity: Q3 2014 in Review
50 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in BlackRock Limited Duration Income Trust (BLW) for Q3 2014, worth a combined $109M — down 0.7% from $110M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BLW positions and 4 closed out — a net gain of 2 holders — while 25 added to existing stakes and 11 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.69M. The largest seller was Saba Capital Management, cutting an estimated $1.11M.
- 50 institutional investors held BlackRock Limited Duration Income Trust (BLW) as of Q3 2014, up from 48 in Q2 2014.
- Funds reported $109M of BlackRock Limited Duration Income Trust stock for Q3 2014, down 0.7% quarter-over-quarter.
- 6 funds opened new BlackRock Limited Duration Income Trust positions in Q3 2014 and 4 closed out, a net change of +2 holders.
- The largest BlackRock Limited Duration Income Trust buyer in Q3 2014 was Morgan Stanley, an estimated $2.69M added.
- The largest BlackRock Limited Duration Income Trust seller in Q3 2014 was Saba Capital Management, an estimated $1.11M sold.
Based on aggregated 13F filings for Q3 2014.