BlackRock Enhanced Global Dividend Trust
BOE
97 hedge funds and large institutions have $222M invested in BlackRock Enhanced Global Dividend Trust in 2019 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 29 increasing their positions, 24 reducing their positions, and 11 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 24
0.27% more ownership
Funds ownership: 30.52% → 30.79% (+0.27%)
1% less capital invested
Capital invested by funds: $225M → $222M (-$2.67M)
5% less funds holding
Funds holding: 102 → 97 (-5)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.21M |
| 2 |
Morgan Stanley
New York
|
+$1.95M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.69M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.41M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$1.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.53M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$2.37M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.42M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$1.27M |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.03M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWA
101
Arete Wealth Advisors
Chicago,
Illinois
| – | -$121K | -11,336 | Closed |
|
|
WS
102
Wedbush Securities
Los Angeles,
California
| – | -$109K | -10,142 | Closed |
|
|
RFC
103
Regions Financial Corp
Birmingham,
Alabama
| – | -$21K | -2,000 | Closed |
|
|
CFB
104
Cullen/Frost Bankers
San Antonio,
Texas
| – | -$13K | -1,260 | Closed |
|
|
KL
105
KWMG LLC
Overland Park,
Kansas
| – | -$8K | -753 | Closed |
|
|
NSIM
106
North Star Investment Management
Chicago,
Illinois
| – | -$3K | -275 | Closed |
|
107
Fidelity Investments
Boston,
Massachusetts
| – | +$11 | +1 | New |
|
BOE Hedge Fund Activity: Q2 2019 in Review
97 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Global Dividend Trust (BOE) for Q2 2019, worth a combined $222M — down 1.2% from $225M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of BOE and 8 opened new positions — a net loss of 3 holders — while 24 trimmed existing stakes and 29 added.
The largest buyer was Parametric Portfolio Associates, adding an estimated $2.21M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $2.53M sold.
- 97 institutional investors held BlackRock Enhanced Global Dividend Trust (BOE) as of Q2 2019, down from 102 in Q1 2019.
- Funds reported $222M of BlackRock Enhanced Global Dividend Trust stock for Q2 2019, down 1.2% quarter-over-quarter.
- 8 funds opened new BlackRock Enhanced Global Dividend Trust positions in Q2 2019 and 11 closed out, a net change of -3 holders.
- The largest BlackRock Enhanced Global Dividend Trust buyer in Q2 2019 was Parametric Portfolio Associates, an estimated $2.21M added.
- The largest BlackRock Enhanced Global Dividend Trust seller in Q2 2019 was Wolverine Asset Management, an estimated $2.53M sold.
Based on aggregated 13F filings for Q2 2019.