BlackRock Limited Duration Income Trust
BLW
74 hedge funds and large institutions have $144M invested in BlackRock Limited Duration Income Trust in 2017 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 21 increasing their positions, 23 reducing their positions, and 11 closing their positions.
5% less capital invested
Capital invested by funds: $151M → $144M (-$7.36M)
9% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 23
1.77% less ownership
Funds ownership: 25.87% → 24.1% (-1.8%)
3% less funds holding
Funds holding: 76 → 74 (-2)
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$984K |
| 2 |
FFA
First Foundation Advisors
Irvine,
California
|
+$901K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$704K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$461K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$311K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.97M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
-$1.75M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.75M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.31M |
| 5 |
Morgan Stanley
New York
|
-$1.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WS
76
Wela Strategies
Atlanta,
Georgia
| – | -$875K | -55,449 | Closed |
|
77
SG Americas Securities
New York
| – | -$432K | -27,371 | Closed |
|
|
OFG
78
OTA Financial Group
Purchase,
New York
| – | -$284K | -18,284 | Closed |
|
|
LCM
79
Landscape Capital Management
Englewood,
New Jersey
| – | -$252K | -15,995 | Closed |
|
|
DA
80
Doliver Advisors
Houston,
Texas
| – | -$244K | -15,437 | Closed |
|
|
ACS
81
Archford Capital Strategies
Swansea,
Illinois
| – | -$158K | -10,000 | Closed |
|
|
BCM
82
Blume Capital Management
Berkeley,
California
| – | -$126K | -8,000 | Closed |
|
83
Creative Planning
Overland Park,
Kansas
| – | -$48K | -3,058 | Closed |
|
|
DADC
84
D.A. Davidson & Co
Great Falls,
Montana
| – | -$15K | -953 | Closed |
|
BLW Hedge Fund Activity: Q3 2017 in Review
74 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in BlackRock Limited Duration Income Trust (BLW) for Q3 2017, worth a combined $144M — down 4.9% from $151M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of BLW and 9 opened new positions — a net loss of 2 holders — while 23 trimmed existing stakes and 21 added.
The largest buyer was Invesco, adding an estimated $984K. The largest seller was Rivernorth Capital Management, cutting an estimated $3.97M.
- 74 institutional investors held BlackRock Limited Duration Income Trust (BLW) as of Q3 2017, down from 76 in Q2 2017.
- Funds reported $144M of BlackRock Limited Duration Income Trust stock for Q3 2017, down 4.9% quarter-over-quarter.
- 9 funds opened new BlackRock Limited Duration Income Trust positions in Q3 2017 and 11 closed out, a net change of -2 holders.
- The largest BlackRock Limited Duration Income Trust buyer in Q3 2017 was Invesco, an estimated $984K added.
- The largest BlackRock Limited Duration Income Trust seller in Q3 2017 was Rivernorth Capital Management, an estimated $3.97M sold.
Based on aggregated 13F filings for Q3 2017.