BLACKROCK INCOME OPPORTUNITY TRUST INC
BNA
BNA was delisted on the 7th of November, 2014.
47 hedge funds and large institutions have $111M invested in BLACKROCK INCOME OPPORTUNITY TRUST INC in 2014 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 12 reducing their positions, and 7 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 12
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
7% more capital invested
Capital invested by funds: $104M → $111M (+$6.88M)
3.26% more ownership
Funds ownership: 27.9% → 31.16% (+3.3%)
2% more funds holding
Funds holding: 46 → 47 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$2.7M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.54M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.31M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.41M |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$915K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$612K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$320K |
| 3 |
ICAS
Investors Capital Advisory Services
Lynnfield,
Massachusetts
|
-$126K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$125K |
| 5 |
OIA
Optimum Investment Advisors
Chicago,
Illinois
|
-$115K |
BNA Hedge Fund Activity: Q3 2014 in Review
47 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in BLACKROCK INCOME OPPORTUNITY TRUST INC (BNA) for Q3 2014, worth a combined $111M — up 6.6% from $104M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BNA positions and 7 closed out — a net gain of 1 holder — while 15 added to existing stakes and 12 trimmed.
The largest buyer was Wells Fargo, adding an estimated $2.7M. The largest seller was Saba Capital Management, cutting an estimated $612K.
- 47 institutional investors held BLACKROCK INCOME OPPORTUNITY TRUST INC (BNA) as of Q3 2014, up from 46 in Q2 2014.
- Funds reported $111M of BLACKROCK INCOME OPPORTUNITY TRUST INC stock for Q3 2014, up 6.6% quarter-over-quarter.
- 8 funds opened new BLACKROCK INCOME OPPORTUNITY TRUST INC positions in Q3 2014 and 7 closed out, a net change of +1 holder.
- The largest BLACKROCK INCOME OPPORTUNITY TRUST INC buyer in Q3 2014 was Wells Fargo, an estimated $2.7M added.
- The largest BLACKROCK INCOME OPPORTUNITY TRUST INC seller in Q3 2014 was Saba Capital Management, an estimated $612K sold.
Based on aggregated 13F filings for Q3 2014.