BlackRock Health Sciences Trust
BME
39 hedge funds and large institutions have $34.5M invested in BlackRock Health Sciences Trust in 2018 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
8% more funds holding
Funds holding: 36 → 39 (+3)
4.83% less ownership
Funds ownership: 23.97% → 19.14% (-4.8%)
32% less capital invested
Capital invested by funds: $51M → $34.5M (-$16.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.09M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$740K |
| 3 |
RG
Rikoon Group
Santa Fe,
New Mexico
|
+$627K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$611K |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$477K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$19.7M |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$689K |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$489K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$194K |
| 5 |
Morgan Stanley
New York
|
-$92.1K |
BME Hedge Fund Activity: Q1 2018 in Review
39 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in BlackRock Health Sciences Trust (BME) for Q1 2018, worth a combined $34.5M — down 32% from $51M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new BME positions and 6 closed out — a net gain of 3 holders — while 11 added to existing stakes and 9 trimmed.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $2.09M. The largest seller was Bank of America, cutting an estimated $19.7M.
- 39 institutional investors held BlackRock Health Sciences Trust (BME) as of Q1 2018, up from 36 in Q4 2017.
- Funds reported $34.5M of BlackRock Health Sciences Trust stock for Q1 2018, down 32% quarter-over-quarter.
- 9 funds opened new BlackRock Health Sciences Trust positions in Q1 2018 and 6 closed out, a net change of +3 holders.
- The largest BlackRock Health Sciences Trust buyer in Q1 2018 was Wolverine Asset Management, an estimated $2.09M added.
- The largest BlackRock Health Sciences Trust seller in Q1 2018 was Bank of America, an estimated $19.7M sold.
Based on aggregated 13F filings for Q1 2018.