BlackRock Enhanced Global Dividend Trust
BOE
77 hedge funds and large institutions have $233M invested in BlackRock Enhanced Global Dividend Trust in 2016 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 21 increasing their positions, 25 reducing their positions, and 8 closing their positions.
113% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 8
13% more funds holding
Funds holding: 68 → 77 (+9)
1.01% more ownership
Funds ownership: 26.85% → 27.86% (+1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $238M → $233M (-$5.26M)
16% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$4.99M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$2.89M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$2.02M |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$1.74M |
| 5 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
+$1.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$4.14M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.85M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.67M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.07M |
| 5 |
LPL Financial
San Diego,
California
|
-$573K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
First Manhattan
New York
| $1K | – | – | – |
|
|
SBL
77
Sargent Bickham Lagudis
Boulder,
Colorado
| $1K | +$1.14K | +100 | New |
|
|
WAM
78
Weiss Asset Management
Boston,
Massachusetts
| – | -$515K | -40,334 | Closed |
|
79
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$481K | -37,731 | Closed |
|
80
Squarepoint
New York
| – | -$325K | -25,500 | Closed |
|
81
M&T Bank
Buffalo,
New York
| – | -$206K | -16,149 | Closed |
|
|
MHS
82
M Holdings Securities
Portland,
Oregon
| – | -$137K | -10,747 | Closed |
|
|
AIA
83
Allegis Investment Advisors
Idaho Falls,
Idaho
| – | -$5K | -396 | Closed |
|
|
AIM
84
Advantage Investment Management
Cedar Rapids,
Iowa
| – | -$2K | -174 | Closed |
|
85
AssetMark Inc
Concord,
California
| – | -$2K | -165 | Closed |
|
BOE Hedge Fund Activity: Q1 2016 in Review
77 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Global Dividend Trust (BOE) for Q1 2016, worth a combined $233M — down 2.2% from $238M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new BOE positions and 8 closed out — a net gain of 9 holders — while 21 added to existing stakes and 25 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $4.99M. The largest seller was Advisors Asset Management, cutting an estimated $4.14M.
- 77 institutional investors held BlackRock Enhanced Global Dividend Trust (BOE) as of Q1 2016, up from 68 in Q4 2015.
- Funds reported $233M of BlackRock Enhanced Global Dividend Trust stock for Q1 2016, down 2.2% quarter-over-quarter.
- 17 funds opened new BlackRock Enhanced Global Dividend Trust positions in Q1 2016 and 8 closed out, a net change of +9 holders.
- The largest BlackRock Enhanced Global Dividend Trust buyer in Q1 2016 was Karpus Investment Management, an estimated $4.99M added.
- The largest BlackRock Enhanced Global Dividend Trust seller in Q1 2016 was Advisors Asset Management, an estimated $4.14M sold.
Based on aggregated 13F filings for Q1 2016.