BlackRock Health Sciences Trust
BME
26 hedge funds and large institutions have $56.2M invested in BlackRock Health Sciences Trust in 2015 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 5 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
1.98% less ownership
Funds ownership: 18.79% → 16.8% (-2%)
10% less funds holding
Funds holding: 29 → 26 (-3)
13% less capital invested
Capital invested by funds: $64.3M → $56.2M (-$8.06M)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$250K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$202K |
| 3 |
NPC
National Planning Corporation
El Segundo,
California
|
+$53.2K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$45.7K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$45.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$5M |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$2.1M |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$817K |
| 4 |
Morgan Stanley
New York
|
-$454K |
| 5 |
WA
WFG Advisors
Dallas,
Texas
|
-$317K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
26
Weiss Asset Management
Boston,
Massachusetts
| – | -$817K | -19,145 | Closed |
|
|
WA
27
WFG Advisors
Dallas,
Texas
| – | -$317K | -7,427 | Closed |
|
|
BTS
28
BB&T Securities
Richmond,
Virginia
| – | -$2.1M | -4,920 | Closed |
|
|
BRWA
29
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$62 | -1,457 | Closed |
|
30
Creative Planning
Overland Park,
Kansas
| – | -$6K | -138 | Closed |
|
|
MAA
31
Managed Account Advisors
Jersey City,
New Jersey
| – | +$125 | +3 | New |
|
BME Hedge Fund Activity: Q1 2015 in Review
26 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in BlackRock Health Sciences Trust (BME) for Q1 2015, worth a combined $56.2M — down 13% from $64.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BME and 3 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 10 added.
The largest buyer was PNC Financial Services Group, opening a new position worth an estimated $250K. The largest seller was Bank of America, cutting an estimated $5M.
- 26 institutional investors held BlackRock Health Sciences Trust (BME) as of Q1 2015, down from 29 in Q4 2014.
- Funds reported $56.2M of BlackRock Health Sciences Trust stock for Q1 2015, down 13% quarter-over-quarter.
- 3 funds opened new BlackRock Health Sciences Trust positions in Q1 2015 and 5 closed out, a net change of -2 holders.
- The largest BlackRock Health Sciences Trust buyer in Q1 2015 was PNC Financial Services Group, an estimated $250K added.
- The largest BlackRock Health Sciences Trust seller in Q1 2015 was Bank of America, an estimated $5M sold.
Based on aggregated 13F filings for Q1 2015.