BlackRock Limited Duration Income Trust
BLW
71 hedge funds and large institutions have $148M invested in BlackRock Limited Duration Income Trust in 2016 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 20 increasing their positions, 18 reducing their positions, and 12 closing their positions.
33% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 12
11% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 18
4% more funds holding
Funds holding: 68 → 71 (+3)
1% less capital invested
Capital invested by funds: $149M → $148M (-$942K)
1.04% less ownership
Funds ownership: 27.22% → 26.18% (-1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.7M |
| 2 |
SIA
SeaBridge Investment Advisors
Summit,
New Jersey
|
+$848K |
| 3 |
SCM
Southport Capital Management
Chattanooga,
Tennessee
|
+$526K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$471K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$466K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
-$2.36M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.72M |
| 3 |
LPL Financial
San Diego,
California
|
-$1.49M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$1.08M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCM
76
Context Capital Management
Lajolla,
California
| – | -$179K | -12,097 | Closed |
|
|
CA
77
Cetera Advisors
Denver,
Colorado
| – | -$160K | -10,840 | Closed |
|
78
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$26K | -1,782 | Closed |
|
|
WIC
79
Woodmont Investment Counsel
Nashville,
Tennessee
| – | -$16K | -1,064 | Closed |
|
|
UFA
80
US Financial Advisors
Braintree,
Massachusetts
| – | -$11K | -750 | Closed |
|
|
CPIG
81
Chicago Partners Investment Group
Chicago,
Illinois
| – | -$9K | -595 | Closed |
|
|
FCCM
82
First City Capital Management
Savannah,
Georgia
| – | -$7.39K | -500 | Closed |
|
BLW Hedge Fund Activity: Q2 2016 in Review
71 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in BlackRock Limited Duration Income Trust (BLW) for Q2 2016, worth a combined $148M — down 0.63% from $149M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new BLW positions and 12 closed out — a net gain of 4 holders — while 20 added to existing stakes and 18 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.7M. The largest seller was Relative Value Partners Group, cutting an estimated $2.36M.
- 71 institutional investors held BlackRock Limited Duration Income Trust (BLW) as of Q2 2016, up from 68 in Q1 2016.
- Funds reported $148M of BlackRock Limited Duration Income Trust stock for Q2 2016, down 0.63% quarter-over-quarter.
- 16 funds opened new BlackRock Limited Duration Income Trust positions in Q2 2016 and 12 closed out, a net change of +4 holders.
- The largest BlackRock Limited Duration Income Trust buyer in Q2 2016 was Morgan Stanley, an estimated $1.7M added.
- The largest BlackRock Limited Duration Income Trust seller in Q2 2016 was Relative Value Partners Group, an estimated $2.36M sold.
Based on aggregated 13F filings for Q2 2016.