BlackRock Limited Duration Income Trust
BLW
79 hedge funds and large institutions have $163M invested in BlackRock Limited Duration Income Trust in 2019 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 29 increasing their positions, 21 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
38% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 21
6% more capital invested
Capital invested by funds: $154M → $163M (+$8.98M)
4% more funds holding
Funds holding: 76 → 79 (+3)
0.37% less ownership
Funds ownership: 29.76% → 29.39% (-0.37%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VEA
Virtus ETF Advisers
New York
|
+$2.79M |
| 2 |
BI
Bramshill Investments
Naples,
Florida
|
+$2.14M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.13M |
| 4 |
Morgan Stanley
New York
|
+$771K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$736K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.54M |
| 2 |
FFA
First Foundation Advisors
Irvine,
California
|
-$2.9M |
| 3 |
RVPG
Relative Value Partners Group
|
-$752K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$738K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$730K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GI
76
Gradient Investments
Arden Hills,
Minnesota
| $5K | – | – | – |
|
77
Citigroup
New York
| $3K | +$2.31K | +150 | +1,250% |
|
|
RCM
78
Rivernorth Capital Management
West Palm Beach,
Florida
| $2.81K | -$4.54M | -295,440 | -62% |
|
|
JCM
79
Jacobi Capital Management
Pittston,
Pennsylvania
| $2K | – | – | – |
|
|
RCM
80
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| – | -$738K | -48,635 | Closed |
|
|
AA
81
AQR Arbitrage
Greenwich,
Connecticut
| – | -$590K | -39,304 | Closed |
|
|
WAM
82
Wolverine Asset Management
Chicago,
Illinois
| – | -$395K | -26,355 | Closed |
|
|
CCFM
83
Clear Creek Financial Management
Silverdale,
Washington
| – | -$275K | -18,382 | Closed |
|
84
US Bancorp
Minneapolis,
Minnesota
| – | -$67K | -4,490 | Closed |
|
|
CFA
85
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$4K | -313 | Closed |
|
BLW Hedge Fund Activity: Q3 2019 in Review
79 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in BlackRock Limited Duration Income Trust (BLW) for Q3 2019, worth a combined $163M — up 5.8% from $154M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new BLW positions and 6 closed out — a net gain of 3 holders — while 29 added to existing stakes and 21 trimmed.
The largest buyer was Virtus ETF Advisers, opening a new position worth an estimated $2.79M. The largest seller was Rivernorth Capital Management, cutting an estimated $4.54M.
- 79 institutional investors held BlackRock Limited Duration Income Trust (BLW) as of Q3 2019, up from 76 in Q2 2019.
- Funds reported $163M of BlackRock Limited Duration Income Trust stock for Q3 2019, up 5.8% quarter-over-quarter.
- 9 funds opened new BlackRock Limited Duration Income Trust positions in Q3 2019 and 6 closed out, a net change of +3 holders.
- The largest BlackRock Limited Duration Income Trust buyer in Q3 2019 was Virtus ETF Advisers, an estimated $2.79M added.
- The largest BlackRock Limited Duration Income Trust seller in Q3 2019 was Rivernorth Capital Management, an estimated $4.54M sold.
Based on aggregated 13F filings for Q3 2019.