BlackRock Limited Duration Income Trust
BLW
60 hedge funds and large institutions have $122M invested in BlackRock Limited Duration Income Trust in 2014 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 20 increasing their positions, 16 reducing their positions, and 6 closing their positions.
450% more capital inflows, than outflows
Capital inflows: $40.7M | Capital outflows: $7.4M
183% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 6
25% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 16
20% more funds holding
Funds holding: 50 → 60 (+10)
2.81% more ownership
Funds ownership: 18.18% → 20.99% (+2.8%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$8.76M |
| 2 |
Relative Value Partners
Northbrook,
Illinois
|
+$4.4M |
| 3 |
SG Americas Securities
New York
|
+$3.56M |
| 4 |
Laurion Capital Management
New York
|
+$1.85M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Saba Capital Management
New York
|
-$2.96M |
| 2 |
Shaker Financial Services
Arlington,
Virginia
|
-$1.11M |
| 3 |
Doliver Advisors
Houston,
Texas
|
-$643K |
| 4 |
IMA Advisory Services
Denver,
Colorado
|
-$578K |
| 5 |
Highmount Capital
New York
|
-$514K |
BLW Hedge Fund Activity: Q4 2014 in Review
60 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in BlackRock Limited Duration Income Trust (BLW) for Q4 2014, worth a combined $122M — up 12% from $109M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new BLW positions and 6 closed out — a net gain of 11 holders — while 20 added to existing stakes and 16 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $8.76M. The largest seller was Saba Capital Management, cutting an estimated $2.96M.
- 60 institutional investors held BlackRock Limited Duration Income Trust (BLW) as of Q4 2014, up from 50 in Q3 2014.
- Funds reported $122M of BlackRock Limited Duration Income Trust stock for Q4 2014, up 12% quarter-over-quarter.
- 17 funds opened new BlackRock Limited Duration Income Trust positions in Q4 2014 and 6 closed out, a net change of +11 holders.
- The largest BlackRock Limited Duration Income Trust buyer in Q4 2014 was Morgan Stanley, an estimated $8.76M added.
- The largest BlackRock Limited Duration Income Trust seller in Q4 2014 was Saba Capital Management, an estimated $2.96M sold.
Based on aggregated 13F filings for Q4 2014.