BlackRock Enhanced Global Dividend Trust
BOE
82 hedge funds and large institutions have $248M invested in BlackRock Enhanced Global Dividend Trust in 2017 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 33 increasing their positions, 22 reducing their positions, and 15 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 22
4% more capital invested
Capital invested by funds: $239M → $248M (+$9.15M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.95% less ownership
Funds ownership: 29.71% → 28.77% (-0.95%)
9% less funds holding
Funds holding: 90 → 82 (-8)
47% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$5.41M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$3.75M |
| 3 |
Morgan Stanley
New York
|
+$1.68M |
| 4 |
SCM
Saba Capital Management
New York
|
+$1.19M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$5M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$4.18M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$3.23M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.82M |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1.47M |
BOE Hedge Fund Activity: Q1 2017 in Review
82 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Global Dividend Trust (BOE) for Q1 2017, worth a combined $248M — up 3.8% from $239M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of BOE and 8 opened new positions — a net loss of 7 holders — while 22 trimmed existing stakes and 33 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $5.41M. The largest seller was Citigroup, cutting an estimated $5M.
- 82 institutional investors held BlackRock Enhanced Global Dividend Trust (BOE) as of Q1 2017, down from 90 in Q4 2016.
- Funds reported $248M of BlackRock Enhanced Global Dividend Trust stock for Q1 2017, up 3.8% quarter-over-quarter.
- 8 funds opened new BlackRock Enhanced Global Dividend Trust positions in Q1 2017 and 15 closed out, a net change of -7 holders.
- The largest BlackRock Enhanced Global Dividend Trust buyer in Q1 2017 was Rivernorth Capital Management, an estimated $5.41M added.
- The largest BlackRock Enhanced Global Dividend Trust seller in Q1 2017 was Citigroup, an estimated $5M sold.
Based on aggregated 13F filings for Q1 2017.