BlackRock Limited Duration Income Trust
BLW
86 hedge funds and large institutions have $152M invested in BlackRock Limited Duration Income Trust in 2020 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 26 increasing their positions, 21 reducing their positions, and 11 closing their positions.
82% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 11
24% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 21
8% more funds holding
Funds holding: 80 → 86 (+6)
0.39% more ownership
Funds ownership: 31.18% → 31.57% (+0.39%)
17% less capital invested
Capital invested by funds: $184M → $152M (-$31.8M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$13.3M |
| 2 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
+$4.53M |
| 3 |
JG
Jefferies Group
New York
|
+$2.03M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.83M |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$1.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$6.29M |
| 2 |
PMG
Private Management Group
Irvine,
California
|
-$4.27M |
| 3 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$3.67M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$2.67M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$2.63M |
BLW Hedge Fund Activity: Q1 2020 in Review
86 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in BlackRock Limited Duration Income Trust (BLW) for Q1 2020, worth a combined $152M — down 17% from $184M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new BLW positions and 11 closed out — a net gain of 9 holders — while 26 added to existing stakes and 21 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $13.3M. The largest seller was UBS Group, cutting an estimated $6.29M.
- 86 institutional investors held BlackRock Limited Duration Income Trust (BLW) as of Q1 2020, up from 80 in Q4 2019.
- Funds reported $152M of BlackRock Limited Duration Income Trust stock for Q1 2020, down 17% quarter-over-quarter.
- 20 funds opened new BlackRock Limited Duration Income Trust positions in Q1 2020 and 11 closed out, a net change of +9 holders.
- The largest BlackRock Limited Duration Income Trust buyer in Q1 2020 was Saba Capital Management, an estimated $13.3M added.
- The largest BlackRock Limited Duration Income Trust seller in Q1 2020 was UBS Group, an estimated $6.29M sold.
Based on aggregated 13F filings for Q1 2020.