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BlackRock Credit Allocation Income Trust

130 hedge funds and large institutions have $601M invested in BlackRock Credit Allocation Income Trust in 2018 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 57 increasing their positions, 32 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

78% more repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 32

20% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 10

2% more funds holding

Funds holding: 128130 (+2)

2% more capital invested

Capital invested by funds: $591M → $601M (+$10.6M)

0.33% more ownership

Funds ownership: 45.97%46.3% (+0.33%)

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

Holders
130
Holders Change
+2
Holders Change %
+1.56%
% of All Funds
2.97%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.09%
New
12
Increased
57
Reduced
32
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SWM
101
SeaCrest Wealth Management
New York
$47K
US Bancorp
102
US Bancorp
Minnesota
$44K
NSIM
103
North Star Investment Management
Illinois
$40K +$515 +42 +1%
AWMS
104
Advocacy Wealth Management Services
Georgia
$37K
First Manhattan
105
First Manhattan
New York
$36K
BI
106
Bramshill Investments
Florida
$36K +$35.6K +2,903 New
IA
107
IFP Advisors
Florida
$32K -$44.9K -3,664 -59%
Fifth Third Bancorp
108
Fifth Third Bancorp
Ohio
$32K
SFM
109
Signet Financial Management
New Jersey
$31K
FPB
110
First PREMIER Bank
South Dakota
$21K
GP
111
Girard Partners
Pennsylvania
$18K +$18.4K +1,500 New
TJHA
112
Thomas J. Herzfeld Advisors
Florida
$16K +$12 +1 +0.1%
EWM
113
Endurance Wealth Management
Rhode Island
$14K
BCWM
114
Bartlett & Co Wealth Management
Ohio
$12.5K
AIM
115
Anchor Investment Management
South Carolina
$12.2K
Barclays
116
Barclays
United Kingdom
$12K
BC
117
Bartlett & Co
Ohio
$12K
KL
118
KWMG LLC
Kansas
$11K
CTC
119
Central Trust Company
Missouri
$9K
NFG
120
Next Financial Group
Texas
$8K +$8.42K +687 New
BBHC
121
Brown Brothers Harriman & Co
New York
$6K
GWM
122
Geneos Wealth Management
Colorado
$6K
OFW
123
Omnia Family Wealth
Florida
$5K
SIS
124
Sound Income Strategies
Florida
$5K
LF
125
Lee Financial
Texas
$5K +$4.57K +373 New

BTZ Hedge Fund Activity: Q3 2018 in Review

130 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in BlackRock Credit Allocation Income Trust (BTZ) for Q3 2018, worth a combined $601M — up 1.8% from $591M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new BTZ positions and 10 closed out — a net gain of 2 holders — while 57 added to existing stakes and 32 trimmed.

The largest buyer was Saba Capital Management, adding an estimated $8.89M. The largest seller was Sit Investment Associates, cutting an estimated $24.8M.

  • 130 institutional investors held BlackRock Credit Allocation Income Trust (BTZ) as of Q3 2018, up from 128 in Q2 2018.
  • Funds reported $601M of BlackRock Credit Allocation Income Trust stock for Q3 2018, up 1.8% quarter-over-quarter.
  • 12 funds opened new BlackRock Credit Allocation Income Trust positions in Q3 2018 and 10 closed out, a net change of +2 holders.
  • The largest BlackRock Credit Allocation Income Trust buyer in Q3 2018 was Saba Capital Management, an estimated $8.89M added.
  • The largest BlackRock Credit Allocation Income Trust seller in Q3 2018 was Sit Investment Associates, an estimated $24.8M sold.

Based on aggregated 13F filings for Q3 2018.