BlackRock Enhanced Global Dividend Trust
BOE
90 hedge funds and large institutions have $236M invested in BlackRock Enhanced Global Dividend Trust in 2016 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 35 increasing their positions, 17 reducing their positions, and 7 closing their positions.
229% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 7
106% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 17
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
20% more funds holding
Funds holding: 75 → 90 (+15)
2.87% more ownership
Funds ownership: 26.45% → 29.32% (+2.9%)
5% more capital invested
Capital invested by funds: $225M → $236M (+$10.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$6.06M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$3.94M |
| 3 |
Morgan Stanley
New York
|
+$3.92M |
| 4 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
+$1.89M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
-$5.97M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.73M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.03M |
| 4 |
PCM
Pointe Capital Management
Grosse Pointe Farms,
Michigan
|
-$804K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$535K |
BOE Hedge Fund Activity: Q4 2016 in Review
90 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Global Dividend Trust (BOE) for Q4 2016, worth a combined $236M — up 4.7% from $225M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new BOE positions and 7 closed out — a net gain of 16 holders — while 35 added to existing stakes and 17 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $6.06M. The largest seller was Relative Value Partners Group, cutting an estimated $5.97M.
- 90 institutional investors held BlackRock Enhanced Global Dividend Trust (BOE) as of Q4 2016, up from 75 in Q3 2016.
- Funds reported $236M of BlackRock Enhanced Global Dividend Trust stock for Q4 2016, up 4.7% quarter-over-quarter.
- 23 funds opened new BlackRock Enhanced Global Dividend Trust positions in Q4 2016 and 7 closed out, a net change of +16 holders.
- The largest BlackRock Enhanced Global Dividend Trust buyer in Q4 2016 was Rivernorth Capital Management, an estimated $6.06M added.
- The largest BlackRock Enhanced Global Dividend Trust seller in Q4 2016 was Relative Value Partners Group, an estimated $5.97M sold.
Based on aggregated 13F filings for Q4 2016.