We are live on ! Find out more
BTZ icon

BlackRock Credit Allocation Income Trust
BTZ

128 hedge funds and large institutions have $516M invested in BlackRock Credit Allocation Income Trust in 2020 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 43 increasing their positions, 33 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 1 → 2 (+1)

30% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 33

30% more capital invested

Capital invested by funds: $399M → $516M (+$118M)

8.53% more ownership

Funds ownership: 33.42% → 41.95% (+8.5%)

3% less funds holding

Funds holding: 132 → 128 (-4)

13% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 23

Holders
128
Holders Change
-4
Holders Change %
-3.03%
% of All Funds
2.62%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
20
Increased
43
Reduced
33
Closed
23
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
BlackRock
BlackRock
New York
+$61.3M
2
SIA
Sit Investment Associates
Minnesota
+$28.7M
3
Bank of America
Bank of America
North Carolina
+$4.3M
4
GC
Guggenheim Capital
Illinois
+$2.23M
5
Thrivent Financial for Lutherans
Thrivent Financial for Lutherans
Minnesota
+$987K

Top Sellers

Rank Fund Capital Flow
1
RCM
Rivernorth Capital Management
Florida
-$15.2M
2
Wells Fargo
Wells Fargo
California
-$12.1M
3
TJHA
Thomas J. Herzfeld Advisors
Florida
-$3.01M
4
Invesco
Invesco
Georgia
-$2.56M
5
AA
Apriem Advisors
California
-$1.77M
Name Holding Trade Value Shares
Change 		Change in
Stake
Northwestern Mutual Wealth Management
26
Northwestern Mutual Wealth Management
Wisconsin
$2.71M +$29.2K +2,219 +1%
HighTower Advisors
27
HighTower Advisors
Illinois
$2.48M -$84.9K -6,445 -3%
Cohen & Steers
28
Cohen & Steers
New York
$1.84M – – –
ECM
29
Evergreen Capital Management
Washington
$1.8M +$289K +21,925 +19%
BCM
30
Bourgeon Capital Management
Connecticut
$1.42M +$187K +14,200 +15%
Thrivent Financial for Lutherans
31
Thrivent Financial for Lutherans
Minnesota
$1.41M +$987K +74,885 +234%
TA
32
TCG Advisors
Texas
$1.32M +$163K +12,404 +14%
CIC
33
Carnegie Investment Counsel
Ohio
$1.24M +$1.55K +118 +0.1%
FM
34
Family Management
New York
$1.2M +$199K +15,109 +20%
AAM
35
Advisors Asset Management
Colorado
$1.18M +$313K +23,784 +36%
Rockefeller Capital Management
36
Rockefeller Capital Management
New York
$1.08M +$265K +20,135 +33%
Osaic Holdings
37
Osaic Holdings
Arizona
$1.05M -$790K -59,954 -43%
EIP
38
Ellis Investment Partners
Pennsylvania
$1.02M +$2.7K +205 +0.3%
PMG
39
ProVise Management Group
Florida
$986K -$16K -1,217 -2%
WCM
40
Whitener Capital Management
North Carolina
$961K – – –
SDAM
41
Shulman DeMeo Asset Management
New York
$956K -$13.2K -1,000 -1%
PVWM
42
Point View Wealth Management
New Jersey
$815K -$18.5K -1,407 -2%
SI
43
Stephens Inc
Arkansas
$808K -$14.7K -1,114 -2%
Cambridge Investment Research Advisors
44
Cambridge Investment Research Advisors
Iowa
$716K -$137K -10,433 -16%
SC
45
Stolper & Co
Oklahoma
$670K +$1.09K +83 +0.2%
ACP
46
Aviance Capital Partners
Florida
$668K +$103K +7,808 +18%
HKAM
47
Horizon Kinetics Asset Management
New York
$602K -$84.7K -6,430 -12%
UCI
48
Uncommon Cents Investing
Wisconsin
$502K -$10.5K -800 -2%
OA
49
Oxbow Advisors
Texas
$497K -$93.2K -7,070 -16%
SFS
50
Shaker Financial Services
Virginia
$488K +$96.2K +7,300 +25%
1
2
3 4 5

BTZ Hedge Fund Activity: Q2 2020 in Review

128 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in BlackRock Credit Allocation Income Trust (BTZ) for Q2 2020, worth a combined $516M — up 30% from $399M a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of BTZ and 20 opened new positions — a net loss of 3 holders — while 33 trimmed existing stakes and 43 added.

The largest buyer was BlackRock, opening a new position worth an estimated $61.3M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $15.2M sold.

  • 128 institutional investors held BlackRock Credit Allocation Income Trust (BTZ) as of Q2 2020, down from 132 in Q1 2020.
  • Funds reported $516M of BlackRock Credit Allocation Income Trust stock for Q2 2020, up 30% quarter-over-quarter.
  • 20 funds opened new BlackRock Credit Allocation Income Trust positions in Q2 2020 and 23 closed out, a net change of -3 holders.
  • The largest BlackRock Credit Allocation Income Trust buyer in Q2 2020 was BlackRock, an estimated $61.3M added.
  • The largest BlackRock Credit Allocation Income Trust seller in Q2 2020 was Rivernorth Capital Management, an estimated $15.2M sold.

Based on aggregated 13F filings for Q2 2020.