BlackRock Limited Duration Income Trust
BLW
75 hedge funds and large institutions have $147M invested in BlackRock Limited Duration Income Trust in 2018 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 27 increasing their positions, 18 reducing their positions, and 12 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 18
1.71% more ownership
Funds ownership: 25.14% → 26.85% (+1.7%)
5% more capital invested
Capital invested by funds: $140M → $147M (+$6.81M)
6% less funds holding
Funds holding: 80 → 75 (-5)
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMG
Private Management Group
Irvine,
California
|
+$2.6M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.48M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$1.85M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.13M |
| 5 |
OA
Oxbow Advisors
Austin,
Texas
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Southport Capital Management
Chattanooga,
Tennessee
|
-$990K |
| 2 |
FFA
First Foundation Advisors
Irvine,
California
|
-$718K |
| 3 |
Morgan Stanley
New York
|
-$322K |
| 4 |
SG Americas Securities
New York
|
-$321K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$315K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCM
76
Southport Capital Management
Chattanooga,
Tennessee
| – | -$990K | -65,627 | Closed |
|
|
TSS
77
Two Sigma Securities
New York
| – | -$236K | -15,618 | Closed |
|
|
WA
78
WealthTrust Axiom
Wayne,
Pennsylvania
| – | -$196K | -13,050 | Closed |
|
|
FAAS
79
First Allied Advisory Services
San Diego,
California
| – | -$182K | -11,896 | Closed |
|
80
HighTower Advisors
Chicago,
Illinois
| – | -$161K | -10,659 | Closed |
|
|
TRCT
81
Tower Research Capital (TRC)
New York
| – | -$70K | -4,611 | Closed |
|
82
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$22K | -1,500 | Closed |
|
|
AWM
83
Avior Wealth Management
Omaha,
Nebraska
| – | -$15K | -1,000 | Closed |
|
|
RFC
84
Regions Financial Corp
Birmingham,
Alabama
| – | -$15K | -1,000 | Closed |
|
|
IWM
85
IHT Wealth Management
Chicago,
Illinois
| – | -$15K | -976 | Closed |
|
|
GWM
86
Geneos Wealth Management
Englewood,
Colorado
| – | -$7K | -490 | Closed |
|
|
WAM
87
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$2K | -142 | Closed |
|
BLW Hedge Fund Activity: Q2 2018 in Review
75 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in BlackRock Limited Duration Income Trust (BLW) for Q2 2018, worth a combined $147M — up 4.9% from $140M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of BLW and 8 opened new positions — a net loss of 4 holders — while 18 trimmed existing stakes and 27 added.
The largest buyer was Private Management Group, adding an estimated $2.6M. The largest seller was Southport Capital Management, exiting entirely with an estimated $990K sold.
- 75 institutional investors held BlackRock Limited Duration Income Trust (BLW) as of Q2 2018, down from 80 in Q1 2018.
- Funds reported $147M of BlackRock Limited Duration Income Trust stock for Q2 2018, up 4.9% quarter-over-quarter.
- 8 funds opened new BlackRock Limited Duration Income Trust positions in Q2 2018 and 12 closed out, a net change of -4 holders.
- The largest BlackRock Limited Duration Income Trust buyer in Q2 2018 was Private Management Group, an estimated $2.6M added.
- The largest BlackRock Limited Duration Income Trust seller in Q2 2018 was Southport Capital Management, an estimated $990K sold.
Based on aggregated 13F filings for Q2 2018.