BlackRock Enhanced Global Dividend Trust
BOE
63 hedge funds and large institutions have $194M invested in BlackRock Enhanced Global Dividend Trust in 2013 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 26 increasing their positions, 18 reducing their positions, and 10 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 18
13% more capital invested
Capital invested by funds: $172M → $194M (+$22M)
1.67% more ownership
Funds ownership: 18.32% → 20% (+1.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 66 → 63 (-3)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$7.68M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$4.96M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$1.95M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.6M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$5.47M |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$1.79M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.12M |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$767K |
| 5 |
OFG
OTA Financial Group
Purchase,
New York
|
-$533K |
BOE Hedge Fund Activity: Q3 2013 in Review
63 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Global Dividend Trust (BOE) for Q3 2013, worth a combined $194M — up 13% from $172M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of BOE and 8 opened new positions — a net loss of 2 holders — while 18 trimmed existing stakes and 26 added.
The largest buyer was 1607 Capital Partners, adding an estimated $7.68M. The largest seller was Newgate Capital Management, exiting entirely with an estimated $5.47M sold.
- 63 institutional investors held BlackRock Enhanced Global Dividend Trust (BOE) as of Q3 2013, down from 66 in Q2 2013.
- Funds reported $194M of BlackRock Enhanced Global Dividend Trust stock for Q3 2013, up 13% quarter-over-quarter.
- 8 funds opened new BlackRock Enhanced Global Dividend Trust positions in Q3 2013 and 10 closed out, a net change of -2 holders.
- The largest BlackRock Enhanced Global Dividend Trust buyer in Q3 2013 was 1607 Capital Partners, an estimated $7.68M added.
- The largest BlackRock Enhanced Global Dividend Trust seller in Q3 2013 was Newgate Capital Management, an estimated $5.47M sold.
Based on aggregated 13F filings for Q3 2013.