BlackRock Health Sciences Trust
BME
33 hedge funds and large institutions have $48.6M invested in BlackRock Health Sciences Trust in 2017 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
33% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 9
22% more funds holding
Funds holding: 27 → 33 (+6)
12% more capital invested
Capital invested by funds: $43.6M → $48.6M (+$5.02M)
7.69% more ownership
Funds ownership: 15.28% → 22.97% (+7.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TP
Truvvo Partners
New York
|
+$26.4M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$433K |
| 3 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
+$406K |
| 4 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$285K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$267K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$966K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$844K |
| 3 |
Morgan Stanley
New York
|
-$728K |
| 4 |
LPL Financial
San Diego,
California
|
-$469K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$40.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RWA
26
Ropes Wealth Advisors
Boston,
Massachusetts
| $37K | +$35.1K | +1,000 | New |
|
|
CFN
27
Cordasco Financial Network
Naples,
Florida
| $27K | – | – | – |
|
|
GWM
28
Geneos Wealth Management
Englewood,
Colorado
| $26K | -$33.3K | -950 | -57% |
|
|
RFA
29
Reilly Financial Advisors
La Mesa,
California
| $26K | – | – | – |
|
|
ASN
30
Advisory Services Network
Atlanta,
Georgia
| $16K | -$7.29K | -208 | -33% |
|
|
JGIA
31
Jackson Grant Investment Advisers
Stamford,
Connecticut
| $15K | +$210 | +6 | +2% |
|
|
CPIG
32
Chicago Partners Investment Group
Chicago,
Illinois
| $15K | +$14K | +400 | New |
|
33
Citigroup
New York
| $14K | +$526 | +15 | +4% |
|
|
DADC
34
D.A. Davidson & Co
Great Falls,
Montana
| $12K | +$11.8K | +337 | New |
|
|
35
LPL Financial
San Diego,
California
| – | -$469K | -13,342 | Closed |
|
36
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$34K | -975 | Closed |
|
BME Hedge Fund Activity: Q2 2017 in Review
33 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in BlackRock Health Sciences Trust (BME) for Q2 2017, worth a combined $48.6M — up 12% from $43.6M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BME positions and 2 closed out — a net gain of 6 holders — while 12 added to existing stakes and 9 trimmed.
The largest buyer was Truvvo Partners, opening a new position worth an estimated $26.4M. The largest seller was Stratos Wealth Partners, cutting an estimated $966K.
- 33 institutional investors held BlackRock Health Sciences Trust (BME) as of Q2 2017, up from 27 in Q1 2017.
- Funds reported $48.6M of BlackRock Health Sciences Trust stock for Q2 2017, up 12% quarter-over-quarter.
- 8 funds opened new BlackRock Health Sciences Trust positions in Q2 2017 and 2 closed out, a net change of +6 holders.
- The largest BlackRock Health Sciences Trust buyer in Q2 2017 was Truvvo Partners, an estimated $26.4M added.
- The largest BlackRock Health Sciences Trust seller in Q2 2017 was Stratos Wealth Partners, an estimated $966K sold.
Based on aggregated 13F filings for Q2 2017.