BLACKROCK INCOME OPPORTUNITY TRUST INC
BNA
BNA was delisted on the 7th of November, 2014.
45 hedge funds and large institutions have $74.3M invested in BLACKROCK INCOME OPPORTUNITY TRUST INC in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 18 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
27% more capital invested
Capital invested by funds: $58.5M → $74.3M (+$15.8M)
4.93% more ownership
Funds ownership: 16.87% → 21.79% (+4.9%)
2% more funds holding
Funds holding: 44 → 45 (+1)
22% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$7.22M |
| 2 |
SCM
Saba Capital Management
New York
|
+$4.14M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.22M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.21M |
| 5 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$1.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$827K |
| 2 |
Morgan Stanley
New York
|
-$784K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$714K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$508K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$255K |
BNA Hedge Fund Activity: Q3 2013 in Review
45 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in BLACKROCK INCOME OPPORTUNITY TRUST INC (BNA) for Q3 2013, worth a combined $74.3M — up 27% from $58.5M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new BNA positions and 3 closed out — a net gain of 2 holders — while 14 added to existing stakes and 18 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $7.22M. The largest seller was TFS Capital, exiting entirely with an estimated $827K sold.
- 45 institutional investors held BLACKROCK INCOME OPPORTUNITY TRUST INC (BNA) as of Q3 2013, up from 44 in Q2 2013.
- Funds reported $74.3M of BLACKROCK INCOME OPPORTUNITY TRUST INC stock for Q3 2013, up 27% quarter-over-quarter.
- 5 funds opened new BLACKROCK INCOME OPPORTUNITY TRUST INC positions in Q3 2013 and 3 closed out, a net change of +2 holders.
- The largest BLACKROCK INCOME OPPORTUNITY TRUST INC buyer in Q3 2013 was Karpus Investment Management, an estimated $7.22M added.
- The largest BLACKROCK INCOME OPPORTUNITY TRUST INC seller in Q3 2013 was TFS Capital, an estimated $827K sold.
Based on aggregated 13F filings for Q3 2013.