BlackRock Enhanced Global Dividend Trust
BOE
68 hedge funds and large institutions have $257M invested in BlackRock Enhanced Global Dividend Trust in 2015 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 33 increasing their positions, 18 reducing their positions, and 11 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 18
10% more capital invested
Capital invested by funds: $234M → $257M (+$23.1M)
1% more ownership
Funds ownership: 25.43% → 26.43% (+1%)
6% less funds holding
Funds holding: 72 → 68 (-4)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$6.32M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$4.65M |
| 3 |
Morgan Stanley
New York
|
+$4.46M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$3.43M |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$4.33M |
| 2 |
IMS
Index Management Solutions
Philadelphia,
Pennsylvania
|
-$3.22M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$2.35M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$2.17M |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$2.17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HI
76
Hudock Inc
Williamsport,
Pennsylvania
| – | -$23K | -1,758 | Closed |
|
77
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$10 | -790 | Closed |
|
|
PIA
78
Peachtree Investment Advisors
Atlanta,
Georgia
| – | -$10K | -750 | Closed |
|
|
MAA
79
Managed Account Advisors
Jersey City,
New Jersey
| – | +$14 | +1 | +20% |
|
BOE Hedge Fund Activity: Q1 2015 in Review
68 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Global Dividend Trust (BOE) for Q1 2015, worth a combined $257M — up 9.9% from $234M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of BOE and 8 opened new positions — a net loss of 3 holders — while 18 trimmed existing stakes and 33 added.
The largest buyer was Karpus Investment Management, adding an estimated $6.32M. The largest seller was Advisors Asset Management, cutting an estimated $4.33M.
- 68 institutional investors held BlackRock Enhanced Global Dividend Trust (BOE) as of Q1 2015, down from 72 in Q4 2014.
- Funds reported $257M of BlackRock Enhanced Global Dividend Trust stock for Q1 2015, up 9.9% quarter-over-quarter.
- 8 funds opened new BlackRock Enhanced Global Dividend Trust positions in Q1 2015 and 11 closed out, a net change of -3 holders.
- The largest BlackRock Enhanced Global Dividend Trust buyer in Q1 2015 was Karpus Investment Management, an estimated $6.32M added.
- The largest BlackRock Enhanced Global Dividend Trust seller in Q1 2015 was Advisors Asset Management, an estimated $4.33M sold.
Based on aggregated 13F filings for Q1 2015.