BlackRock Limited Duration Income Trust
BLW
44 hedge funds and large institutions have $97.7M invested in BlackRock Limited Duration Income Trust in 2013 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 10 reducing their positions, and 7 closing their positions.
70% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 10
29% more capital invested
Capital invested by funds: $75.9M → $97.7M (+$21.8M)
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
3.34% more ownership
Funds ownership: 12.09% → 15.43% (+3.3%)
2% more funds holding
Funds holding: 43 → 44 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$12.3M |
| 2 |
Morgan Stanley
New York
|
+$3.28M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$3.15M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$976K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$946K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$6.5M |
| 2 |
VC
Vicus Capital
State College,
Pennsylvania
|
-$1.29M |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$367K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$252K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$100K |
BLW Hedge Fund Activity: Q4 2013 in Review
44 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in BlackRock Limited Duration Income Trust (BLW) for Q4 2013, worth a combined $97.7M — up 29% from $75.9M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BLW positions and 7 closed out — a net gain of 1 holder — while 17 added to existing stakes and 10 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $12.3M. The largest seller was Guggenheim Capital, cutting an estimated $6.5M.
- 44 institutional investors held BlackRock Limited Duration Income Trust (BLW) as of Q4 2013, up from 43 in Q3 2013.
- Funds reported $97.7M of BlackRock Limited Duration Income Trust stock for Q4 2013, up 29% quarter-over-quarter.
- 8 funds opened new BlackRock Limited Duration Income Trust positions in Q4 2013 and 7 closed out, a net change of +1 holder.
- The largest BlackRock Limited Duration Income Trust buyer in Q4 2013 was Saba Capital Management, an estimated $12.3M added.
- The largest BlackRock Limited Duration Income Trust seller in Q4 2013 was Guggenheim Capital, an estimated $6.5M sold.
Based on aggregated 13F filings for Q4 2013.