BlackRock Enhanced Global Dividend Trust
BOE
94 hedge funds and large institutions have $225M invested in BlackRock Enhanced Global Dividend Trust in 2019 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 33 increasing their positions, 23 reducing their positions, and 14 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 23
5% more capital invested
Capital invested by funds: $214M → $225M (+$11.5M)
0% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 14
0.06% less ownership
Funds ownership: 30.5% → 30.44% (-0.06%)
1% less funds holding
Funds holding: 95 → 94 (-1)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.02M |
| 2 |
Morgan Stanley
New York
|
+$1.15M |
| 3 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
+$1.04M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$920K |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
+$704K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.91M |
| 2 |
HI
HBK Investments
Dallas,
Texas
|
-$3.68M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.27M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$940K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$709K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFB
101
Cullen/Frost Bankers
San Antonio,
Texas
| – | -$24K | -2,331 | Closed |
|
|
FANJ
102
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$10K | -1,000 | Closed |
|
|
TC
103
Trust Company
Manhattan,
Kansas
| – | -$6K | -551 | Closed |
|
|
CTC
104
Central Trust Company
Jefferson City,
Missouri
| – | -$4K | -400 | Closed |
|
|
GWMIA
105
Global Wealth Management Investment Advisory
Fort Lauderdale,
Florida
| – | -$3.25K | -306 | -98% |
|
|
PCG
106
Private Capital Group
West Hartford,
Connecticut
| – | -$2K | -142 | Closed |
|
107
First Manhattan
New York
| – | -$1K | -110 | Closed |
|
BOE Hedge Fund Activity: Q4 2019 in Review
94 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Global Dividend Trust (BOE) for Q4 2019, worth a combined $225M — up 5.4% from $214M a quarter earlier.
Fund positioning in BOE was balanced in Q4 2019: 14 funds opened new positions, 14 closed out, 33 added to existing stakes and 23 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $2.02M. The largest seller was Royal Bank of Canada, cutting an estimated $3.91M.
- 94 institutional investors held BlackRock Enhanced Global Dividend Trust (BOE) as of Q4 2019, down from 95 in Q3 2019.
- Funds reported $225M of BlackRock Enhanced Global Dividend Trust stock for Q4 2019, up 5.4% quarter-over-quarter.
- 14 funds opened new BlackRock Enhanced Global Dividend Trust positions in Q4 2019 and 14 closed out, a net change of 0 holders.
- The largest BlackRock Enhanced Global Dividend Trust buyer in Q4 2019 was Rivernorth Capital Management, an estimated $2.02M added.
- The largest BlackRock Enhanced Global Dividend Trust seller in Q4 2019 was Royal Bank of Canada, an estimated $3.91M sold.
Based on aggregated 13F filings for Q4 2019.