BLACKROCK INCOME OPPORTUNITY TRUST INC
BNA
BNA was delisted on the 7th of November, 2014.
46 hedge funds and large institutions have $98.5M invested in BLACKROCK INCOME OPPORTUNITY TRUST INC in 2014 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 16 increasing their positions, 12 reducing their positions, and 7 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 12
17% more capital invested
Capital invested by funds: $83.9M → $98.5M (+$14.6M)
2% less funds holding
Funds holding: 47 → 46 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NVIM
New Vernon Investment Management
Highland Park,
Illinois
|
+$5.97M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.97M |
| 3 |
Morgan Stanley
New York
|
+$2.17M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$605K |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$432K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.31M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$753K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$666K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$463K |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$359K |
BNA Hedge Fund Activity: Q1 2014 in Review
46 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in BLACKROCK INCOME OPPORTUNITY TRUST INC (BNA) for Q1 2014, worth a combined $98.5M — up 17% from $83.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of BNA and 6 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 16 added.
The largest buyer was New Vernon Investment Management, opening a new position worth an estimated $5.97M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $1.31M sold.
- 46 institutional investors held BLACKROCK INCOME OPPORTUNITY TRUST INC (BNA) as of Q1 2014, down from 47 in Q4 2013.
- Funds reported $98.5M of BLACKROCK INCOME OPPORTUNITY TRUST INC stock for Q1 2014, up 17% quarter-over-quarter.
- 6 funds opened new BLACKROCK INCOME OPPORTUNITY TRUST INC positions in Q1 2014 and 7 closed out, a net change of -1 holder.
- The largest BLACKROCK INCOME OPPORTUNITY TRUST INC buyer in Q1 2014 was New Vernon Investment Management, an estimated $5.97M added.
- The largest BLACKROCK INCOME OPPORTUNITY TRUST INC seller in Q1 2014 was Rivernorth Capital Management, an estimated $1.31M sold.
Based on aggregated 13F filings for Q1 2014.