BlackRock Credit Allocation Income Trust
BTZ
136 hedge funds and large institutions have $331M invested in BlackRock Credit Allocation Income Trust in 2023 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 27 increasing their positions, 56 reducing their positions, and 23 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less capital invested
Capital invested by funds: $333M → $331M (-$1.71M)
0.82% less ownership
Funds ownership: 35.2% → 34.38% (-0.82%)
9% less funds holding
Funds holding: 149 → 136 (-13)
43% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 23
52% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 56
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$7.85M |
| 2 |
ACP
Arcus Capital Partners
Atlanta,
Georgia
|
+$3.78M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$3.22M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$2.83M |
| 5 |
TW
Transform Wealth
Greenwood Village,
Colorado
|
+$1.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$6.91M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
-$5.61M |
| 3 |
Morgan Stanley
New York
|
-$3.02M |
| 4 |
FM
Family Management
New York
|
-$2.84M |
| 5 |
BI
Bramshill Investments
Naples,
Florida
|
-$1.74M |
BTZ Hedge Fund Activity: Q1 2023 in Review
136 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in BlackRock Credit Allocation Income Trust (BTZ) for Q1 2023, worth a combined $331M — down 0.51% from $333M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of BTZ and 13 opened new positions — a net loss of 10 holders — while 56 trimmed existing stakes and 27 added.
The largest buyer was Sit Investment Associates, adding an estimated $7.85M. The largest seller was Guggenheim Capital, cutting an estimated $6.91M.
- 136 institutional investors held BlackRock Credit Allocation Income Trust (BTZ) as of Q1 2023, down from 149 in Q4 2022.
- Funds reported $331M of BlackRock Credit Allocation Income Trust stock for Q1 2023, down 0.51% quarter-over-quarter.
- 13 funds opened new BlackRock Credit Allocation Income Trust positions in Q1 2023 and 23 closed out, a net change of -10 holders.
- The largest BlackRock Credit Allocation Income Trust buyer in Q1 2023 was Sit Investment Associates, an estimated $7.85M added.
- The largest BlackRock Credit Allocation Income Trust seller in Q1 2023 was Guggenheim Capital, an estimated $6.91M sold.
Based on aggregated 13F filings for Q1 2023.