BlackRock Enhanced Global Dividend Trust
BOE
91 hedge funds and large institutions have $219M invested in BlackRock Enhanced Global Dividend Trust in 2017 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 27 increasing their positions, 23 reducing their positions, and 10 closing their positions.
160% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 10
21% more funds holding
Funds holding: 75 → 91 (+16)
17% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 23
0.87% less ownership
Funds ownership: 26% → 25.13% (-0.87%)
11% less capital invested
Capital invested by funds: $245M → $219M (-$25.9M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.85M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.11M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$827K |
| 4 |
SIA
Starfire Investment Advisers
Southfield,
Michigan
|
+$683K |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$631K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$5.4M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.64M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$4.55M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$2.9M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$932K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TCOV
101
Trust Company of Vermont
Brattleboro,
Vermont
| – | -$4K | -301 | Closed |
|
102
UBS AM
Chicago,
Illinois
| – | -$54 | -4 | Closed |
|
BOE Hedge Fund Activity: Q4 2017 in Review
91 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Global Dividend Trust (BOE) for Q4 2017, worth a combined $219M — down 11% from $245M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new BOE positions and 10 closed out — a net gain of 16 holders — while 27 added to existing stakes and 23 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $2.85M. The largest seller was Wells Fargo, cutting an estimated $5.4M.
- 91 institutional investors held BlackRock Enhanced Global Dividend Trust (BOE) as of Q4 2017, up from 75 in Q3 2017.
- Funds reported $219M of BlackRock Enhanced Global Dividend Trust stock for Q4 2017, down 11% quarter-over-quarter.
- 26 funds opened new BlackRock Enhanced Global Dividend Trust positions in Q4 2017 and 10 closed out, a net change of +16 holders.
- The largest BlackRock Enhanced Global Dividend Trust buyer in Q4 2017 was Royal Bank of Canada, an estimated $2.85M added.
- The largest BlackRock Enhanced Global Dividend Trust seller in Q4 2017 was Wells Fargo, an estimated $5.4M sold.
Based on aggregated 13F filings for Q4 2017.