BlackRock Credit Allocation Income Trust
BTZ
128 hedge funds and large institutions have $591M invested in BlackRock Credit Allocation Income Trust in 2018 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 49 increasing their positions, 32 reducing their positions, and 7 closing their positions.
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
53% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 32
2% more funds holding
Funds holding: 125 → 128 (+3)
2.11% more ownership
Funds ownership: 43.85% → 45.97% (+2.1%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
1% less capital invested
Capital invested by funds: $597M → $591M (-$6.12M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$10.3M |
| 2 |
OA
Oxbow Advisors
Austin,
Texas
|
+$5.23M |
| 3 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
+$4.31M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$2.88M |
| 5 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$2.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$8.79M |
| 2 |
BlackRock
New York
|
-$3.23M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.69M |
| 4 |
NL
NWAM LLC
Mercer Island,
Washington
|
-$443K |
| 5 |
MRCM
M&R Capital Management
Summit,
New Jersey
|
-$380K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
THWM
126
Taylor Hoffman Wealth Management
Richmond,
Virginia
| $2K | – | – | – |
|
|
HNB
127
Huntington National Bank
Columbus,
Ohio
| $1K | – | – | – |
|
|
PMG
128
ProVise Management Group
Clearwater,
Florida
| $941 | -$15.1K | -1,215 | -2% |
|
|
129
BlackRock
New York
| – | -$3.23M | -254,587 | Closed |
|
|
SCP
130
Syntal Capital Partners
Midland,
Texas
| – | -$282K | -21,190 | Closed |
|
|
JWA
131
JFS Wealth Advisors
Hermitage,
Pennsylvania
| – | -$127K | -10,000 | Closed |
|
|
PFGIA
132
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| – | -$18K | -1,400 | Closed |
|
|
WAM
133
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$17K | -1,324 | Closed |
|
|
TRCT
134
Tower Research Capital (TRC)
New York
| – | -$16K | -1,252 | Closed |
|
|
GI
135
Gradient Investments
Arden Hills,
Minnesota
| – | -$1K | -40 | Closed |
|
BTZ Hedge Fund Activity: Q2 2018 in Review
128 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in BlackRock Credit Allocation Income Trust (BTZ) for Q2 2018, worth a combined $591M — down 1% from $597M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new BTZ positions and 7 closed out — a net gain of 4 holders — while 49 added to existing stakes and 32 trimmed.
The largest buyer was Wells Fargo, adding an estimated $10.3M. The largest seller was Sit Investment Associates, cutting an estimated $8.79M.
- 128 institutional investors held BlackRock Credit Allocation Income Trust (BTZ) as of Q2 2018, up from 125 in Q1 2018.
- Funds reported $591M of BlackRock Credit Allocation Income Trust stock for Q2 2018, down 1% quarter-over-quarter.
- 11 funds opened new BlackRock Credit Allocation Income Trust positions in Q2 2018 and 7 closed out, a net change of +4 holders.
- The largest BlackRock Credit Allocation Income Trust buyer in Q2 2018 was Wells Fargo, an estimated $10.3M added.
- The largest BlackRock Credit Allocation Income Trust seller in Q2 2018 was Sit Investment Associates, an estimated $8.79M sold.
Based on aggregated 13F filings for Q2 2018.