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BlackRock Enhanced Global Dividend Trust

67 hedge funds and large institutions have $249M invested in BlackRock Enhanced Global Dividend Trust in 2013 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 23 increasing their positions, 21 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

63% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 8

28% more capital invested

Capital invested by funds: $194M → $249M (+$54.4M)

6% more funds holding

Funds holding: 6367 (+4)

3.65% more ownership

Funds ownership: 20%23.65% (+3.7%)

10% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 21

Holders
67
Holders Change
+4
Holders Change %
+6.35%
% of All Funds
1.94%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.06%
New
13
Increased
23
Reduced
21
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
1CP
1
1607 Capital Partners
Virginia
$32.4M +$20.9M +1,442,720 +199%
AAM
2
Advisors Asset Management
Colorado
$30.9M +$8.11M +559,660 +37%
Invesco
3
Invesco
Georgia
$21.8M -$1.66M -114,537 -7%
RCM
4
Rivernorth Capital Management
Florida
$19M +$2.19M +151,217 +13%
RVP
5
Relative Value Partners
Illinois
$18.4M +$1.19M +82,356 +7%
Morgan Stanley
6
Morgan Stanley
New York
$17.3M +$1.45M +100,023 +9%
U
7
UBS
Switzerland
$14.9M +$2.2M +151,929 +18%
CA
8
Cornerstone Advisors
North Carolina
$12.5M -$1.37M -94,300 -10%
1832 Asset Management
9
1832 Asset Management
Ontario, Canada
$11.8M
Wells Fargo
10
Wells Fargo
California
$10.8M +$1.45M +100,117 +16%
AQR Capital Management
11
AQR Capital Management
Connecticut
$9.48M +$476K +32,861 +5%
GC
12
Guggenheim Capital
Illinois
$7.18M +$751K +51,822 +12%
KIM
13
Karpus Investment Management
New York
$5.39M +$331K +22,835 +7%
Bank of America
14
Bank of America
North Carolina
$4.01M +$961K +66,344 +33%
PPA
15
Parametric Portfolio Associates
Washington
$3.84M -$92.1K -6,361 -2%
BTS
16
BB&T Securities
Virginia
$3.25M +$315K +21,759 New
LPL Financial
17
LPL Financial
California
$2.96M -$29.9K -2,066 -1%
RJFSA
18
Raymond James Financial Services Advisors
Florida
$2.03M +$654K +45,118 +50%
SG Americas Securities
19
SG Americas Securities
New York
$1.73M +$1.67M +115,619 New
TJHA
20
Thomas J. Herzfeld Advisors
Florida
$1.48M -$17.8K -1,229 -1%
Allianz Asset Management
21
Allianz Asset Management
Germany
$1.28M
HCM
22
Hollencrest Capital Management
California
$1.18M +$1.14M +78,868 New
MIG
23
Mariner Investment Group
New York
$1M
ACP
24
Aviance Capital Partners
Florida
$976K +$4.34K +300 +0.5%
IMS
25
Index Management Solutions
Pennsylvania
$975K +$684K +47,190 +263%

BOE Hedge Fund Activity: Q4 2013 in Review

67 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Global Dividend Trust (BOE) for Q4 2013, worth a combined $249M — up 28% from $194M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new BOE positions and 8 closed out — a net gain of 5 holders — while 23 added to existing stakes and 21 trimmed.

The largest buyer was 1607 Capital Partners, adding an estimated $20.9M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $1.82M sold.

  • 67 institutional investors held BlackRock Enhanced Global Dividend Trust (BOE) as of Q4 2013, up from 63 in Q3 2013.
  • Funds reported $249M of BlackRock Enhanced Global Dividend Trust stock for Q4 2013, up 28% quarter-over-quarter.
  • 13 funds opened new BlackRock Enhanced Global Dividend Trust positions in Q4 2013 and 8 closed out, a net change of +5 holders.
  • The largest BlackRock Enhanced Global Dividend Trust buyer in Q4 2013 was 1607 Capital Partners, an estimated $20.9M added.
  • The largest BlackRock Enhanced Global Dividend Trust seller in Q4 2013 was Wolverine Asset Management, an estimated $1.82M sold.

Based on aggregated 13F filings for Q4 2013.