BlackRock Enhanced Global Dividend Trust
BOE
101 hedge funds and large institutions have $259M invested in BlackRock Enhanced Global Dividend Trust in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 40 increasing their positions, 30 reducing their positions, and 17 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 30
7% less funds holding
Funds holding: 109 → 101 (-8)
8.78% less ownership
Funds ownership: 47.4% → 38.62% (-8.8%)
14% less capital invested
Capital invested by funds: $301M → $259M (-$41.7M)
41% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 17
Top Buyers
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.99M |
| 2 |
SCM
Saba Capital Management
New York
|
+$1.6M |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$1.58M |
| 4 |
RL
RPO LLC
Stamford,
Connecticut
|
+$1.54M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$1.52M |
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$63.7M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.76M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$1.26M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$995K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$671K |
BOE Hedge Fund Activity: Q1 2024 in Review
101 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Global Dividend Trust (BOE) for Q1 2024, worth a combined $259M — down 14% from $301M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of BOE and 10 opened new positions — a net loss of 7 holders — while 30 trimmed existing stakes and 40 added.
The largest buyer was Cornerstone Advisors, adding an estimated $1.99M. The largest seller was Morgan Stanley, cutting an estimated $63.7M.
- 101 institutional investors held BlackRock Enhanced Global Dividend Trust (BOE) as of Q1 2024, down from 109 in Q4 2023.
- Funds reported $259M of BlackRock Enhanced Global Dividend Trust stock for Q1 2024, down 14% quarter-over-quarter.
- 10 funds opened new BlackRock Enhanced Global Dividend Trust positions in Q1 2024 and 17 closed out, a net change of -7 holders.
- The largest BlackRock Enhanced Global Dividend Trust buyer in Q1 2024 was Cornerstone Advisors, an estimated $1.99M added.
- The largest BlackRock Enhanced Global Dividend Trust seller in Q1 2024 was Morgan Stanley, an estimated $63.7M sold.
Based on aggregated 13F filings for Q1 2024.