BlackRock Credit Allocation Income Trust
BTZ
136 hedge funds and large institutions have $399M invested in BlackRock Credit Allocation Income Trust in 2022 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 37 increasing their positions, 45 reducing their positions, and 17 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
18% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 17
1.12% more ownership
Funds ownership: 32.89% → 34% (+1.1%)
0% more funds holding
Funds holding: 136 → 136 (0)
14% less capital invested
Capital invested by funds: $463M → $399M (-$63.7M)
18% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$12.9M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$8.34M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$4.38M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.01M |
| 5 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$2.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
-$7.44M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$5.7M |
| 3 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$5.09M |
| 4 |
BI
Bramshill Investments
Naples,
Florida
|
-$5.02M |
| 5 |
Morgan Stanley
New York
|
-$3.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFGS
151
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$10.5K | -794 | Closed |
|
|
GAM
152
Gemmer Asset Management
Walnut Creek,
California
| – | -$9K | -625 | Closed |
|
153
Fidelity Investments
Boston,
Massachusetts
| – | +$13 | +1 | New |
|
BTZ Hedge Fund Activity: Q1 2022 in Review
136 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in BlackRock Credit Allocation Income Trust (BTZ) for Q1 2022, worth a combined $399M — down 14% from $463M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new BTZ positions and 17 closed out — a net gain of 3 holders — while 37 added to existing stakes and 45 trimmed.
The largest buyer was Allspring Global Investments, adding an estimated $12.9M. The largest seller was Penserra Capital Management, cutting an estimated $7.44M.
- 136 institutional investors held BlackRock Credit Allocation Income Trust (BTZ) as of Q1 2022, unchanged from Q4 2021.
- Funds reported $399M of BlackRock Credit Allocation Income Trust stock for Q1 2022, down 14% quarter-over-quarter.
- 20 funds opened new BlackRock Credit Allocation Income Trust positions in Q1 2022 and 17 closed out, a net change of +3 holders.
- The largest BlackRock Credit Allocation Income Trust buyer in Q1 2022 was Allspring Global Investments, an estimated $12.9M added.
- The largest BlackRock Credit Allocation Income Trust seller in Q1 2022 was Penserra Capital Management, an estimated $7.44M sold.
Based on aggregated 13F filings for Q1 2022.