BlackRock Enhanced Global Dividend Trust
BOE
87 hedge funds and large institutions have $195M invested in BlackRock Enhanced Global Dividend Trust in 2020 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 28 increasing their positions, 27 reducing their positions, and 12 closing their positions.
11% more capital invested
Capital invested by funds: $176M → $195M (+$19.3M)
4% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 27
0.29% more ownership
Funds ownership: 31.52% → 31.81% (+0.29%)
5% less funds holding
Funds holding: 92 → 87 (-5)
42% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 12
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.02M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$1.22M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$661K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$513K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$424K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.2M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.7M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.04M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$773K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$659K |
BOE Hedge Fund Activity: Q2 2020 in Review
87 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Global Dividend Trust (BOE) for Q2 2020, worth a combined $195M — up 11% from $176M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of BOE and 7 opened new positions — a net loss of 5 holders — while 27 trimmed existing stakes and 28 added.
The largest buyer was Morgan Stanley, adding an estimated $2.02M. The largest seller was Rivernorth Capital Management, cutting an estimated $2.2M.
- 87 institutional investors held BlackRock Enhanced Global Dividend Trust (BOE) as of Q2 2020, down from 92 in Q1 2020.
- Funds reported $195M of BlackRock Enhanced Global Dividend Trust stock for Q2 2020, up 11% quarter-over-quarter.
- 7 funds opened new BlackRock Enhanced Global Dividend Trust positions in Q2 2020 and 12 closed out, a net change of -5 holders.
- The largest BlackRock Enhanced Global Dividend Trust buyer in Q2 2020 was Morgan Stanley, an estimated $2.02M added.
- The largest BlackRock Enhanced Global Dividend Trust seller in Q2 2020 was Rivernorth Capital Management, an estimated $2.2M sold.
Based on aggregated 13F filings for Q2 2020.