BlackRock Limited Duration Income Trust
BLW
43 hedge funds and large institutions have $75.9M invested in BlackRock Limited Duration Income Trust in 2013 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 20 reducing their positions, and 6 closing their positions.
4% more capital invested
Capital invested by funds: $73.1M → $75.9M (+$2.77M)
0.86% more ownership
Funds ownership: 11.23% → 12.09% (+0.86%)
7% less funds holding
Funds holding: 46 → 43 (-3)
45% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 20
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$3.28M |
| 2 |
SCM
Saba Capital Management
New York
|
+$2.69M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$2.4M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.42M |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.18M |
| 2 |
VC
Vicus Capital
State College,
Pennsylvania
|
-$1.18M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$576K |
| 4 |
LPL Financial
San Diego,
California
|
-$439K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$393K |
BLW Hedge Fund Activity: Q3 2013 in Review
43 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in BlackRock Limited Duration Income Trust (BLW) for Q3 2013, worth a combined $75.9M — up 3.8% from $73.1M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of BLW and 3 opened new positions — a net loss of 3 holders — while 20 trimmed existing stakes and 11 added.
The largest buyer was Guggenheim Capital, adding an estimated $3.28M. The largest seller was Morgan Stanley, cutting an estimated $3.18M.
- 43 institutional investors held BlackRock Limited Duration Income Trust (BLW) as of Q3 2013, down from 46 in Q2 2013.
- Funds reported $75.9M of BlackRock Limited Duration Income Trust stock for Q3 2013, up 3.8% quarter-over-quarter.
- 3 funds opened new BlackRock Limited Duration Income Trust positions in Q3 2013 and 6 closed out, a net change of -3 holders.
- The largest BlackRock Limited Duration Income Trust buyer in Q3 2013 was Guggenheim Capital, an estimated $3.28M added.
- The largest BlackRock Limited Duration Income Trust seller in Q3 2013 was Morgan Stanley, an estimated $3.18M sold.
Based on aggregated 13F filings for Q3 2013.