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BlackRock Credit Allocation Income Trust

106 hedge funds and large institutions have $538M invested in BlackRock Credit Allocation Income Trust in 2015 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 37 increasing their positions, 29 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

56% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 9

28% more repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 29

3% more funds holding

Funds holding: 103106 (+3)

0.09% more ownership

Funds ownership: 39.38%39.47% (+0.09%)

6% less capital invested

Capital invested by funds: $573M → $538M (-$35.2M)

14% less funds holding in top 10

Funds holding in top 10: 76 (-1)

Holders
106
Holders Change
+3
Holders Change %
+2.91%
% of All Funds
2.86%
Holding in Top 10
6
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-14.29%
% of All Funds
0.16%
New
14
Increased
37
Reduced
29
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CP
51
Camelot Portfolios
Ohio
$643K +$89.2K +6,745 +15%
SI
52
Stephens Inc
Arkansas
$603K -$6.55K -495 -1%
Stifel Financial
53
Stifel Financial
Missouri
$547K +$19.7K +1,488 +4%
HCM
54
Hollencrest Capital Management
California
$514K +$13 +1 +0%
NCM
55
Narwhal Capital Management
Georgia
$459K +$1.06K +80 +0.2%
BC
56
Burney Company
Virginia
$451K -$7.22K -546 -2%
CS
57
Credit Suisse
Switzerland
$439K
ICM
58
Ionic Capital Management
New York
$429K +$448K +33,876 New
WS
59
Wedbush Securities
California
$365K +$154K +11,680 +68%
CHAM
60
Clear Harbor Asset Management
Connecticut
$359K
Deutsche Bank
61
Deutsche Bank
Germany
$337K -$320K -24,188 -48%
HCMT
62
Highland Capital Management (Texas)
Texas
$329K
Cambridge Investment Research Advisors
63
Cambridge Investment Research Advisors
Iowa
$320K -$52.1K -3,939 -13%
PAG
64
Private Advisor Group
New Jersey
$317K -$27.7K -2,096 -8%
Goldman Sachs
65
Goldman Sachs
New York
$294K +$142K +10,709 +86%
PNC Financial Services Group
66
PNC Financial Services Group
Pennsylvania
$279K -$5.67K -429 -2%
RIL
67
Rothschild Investment LLC
Illinois
$276K +$28.2K +2,136 +11%
SGCA
68
Steel Grove Capital Advisors
Tennessee
$273K -$52.1K -3,943 -15%
IAMOG
69
Investors Asset Management of Georgia
Georgia
$260K -$46.3K -3,500 -15%
RA
70
RMR Advisors
Massachusetts
$246K
CCB
71
Cutter & Co Brokerage
Missouri
$227K
RJFSA
72
Raymond James Financial Services Advisors
Florida
$224K +$234K +17,682 New
CRC
73
Curi RMB Capital
Illinois
$218K +$227K +17,190 New
CWM
74
Concert Wealth Management
California
$209K +$25.7K +1,947 +13%
LTFS
75
Ladenburg Thalmann Financial Services
Florida
$203K +$8.48K +641 +4%

BTZ Hedge Fund Activity: Q2 2015 in Review

106 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in BlackRock Credit Allocation Income Trust (BTZ) for Q2 2015, worth a combined $538M — down 6.1% from $573M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new BTZ positions and 9 closed out — a net gain of 5 holders — while 37 added to existing stakes and 29 trimmed.

The largest buyer was Wells Fargo, adding an estimated $13.4M. The largest seller was Saba Capital Management, cutting an estimated $11.8M.

  • 106 institutional investors held BlackRock Credit Allocation Income Trust (BTZ) as of Q2 2015, up from 103 in Q1 2015.
  • Funds reported $538M of BlackRock Credit Allocation Income Trust stock for Q2 2015, down 6.1% quarter-over-quarter.
  • 14 funds opened new BlackRock Credit Allocation Income Trust positions in Q2 2015 and 9 closed out, a net change of +5 holders.
  • The largest BlackRock Credit Allocation Income Trust buyer in Q2 2015 was Wells Fargo, an estimated $13.4M added.
  • The largest BlackRock Credit Allocation Income Trust seller in Q2 2015 was Saba Capital Management, an estimated $11.8M sold.

Based on aggregated 13F filings for Q2 2015.