BlackRock Credit Allocation Income Trust
BTZ
145 hedge funds and large institutions have $357M invested in BlackRock Credit Allocation Income Trust in 2022 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 36 increasing their positions, 47 reducing their positions, and 12 closing their positions.
92% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 12
7% more funds holding
Funds holding: 136 → 145 (+9)
1.02% more ownership
Funds ownership: 34% → 35.02% (+1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
11% less capital invested
Capital invested by funds: $399M → $357M (-$42.4M)
23% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$54.8M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$11.8M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$8.77M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.49M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$2.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$10.6M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$4.32M |
| 3 |
Lido Advisors
Los Angeles,
California
|
-$3.02M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.93M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.67M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
151
Tower Research Capital (TRC)
New York
| – | -$39.1K | -3,422 | -100% |
|
|
FAG
152
Fortitude Advisory Group
Gig Harbor,
Washington
| – | -$35K | -2,750 | Closed |
|
|
T
153
TCWP
Beachwood,
Ohio
| – | -$16K | -1,300 | Closed |
|
|
FPS
154
Fieldpoint Private Securities
Greenwich,
Connecticut
| – | -$11K | -890 | Closed |
|
155
Koshinski Asset Management
Decatur,
Illinois
| – | -$9.42K | -750 | Closed |
|
156
JP Morgan Chase
New York
| – | -$6.42K | -562 | -97% |
|
|
BFC
157
Bedel Financial Consulting
Indianapolis,
Indiana
| – | -$2K | -139 | Closed |
|
BTZ Hedge Fund Activity: Q2 2022 in Review
145 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in BlackRock Credit Allocation Income Trust (BTZ) for Q2 2022, worth a combined $357M — down 11% from $399M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new BTZ positions and 12 closed out — a net gain of 11 holders — while 36 added to existing stakes and 47 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $54.8M. The largest seller was Bank of America, cutting an estimated $10.6M.
- 145 institutional investors held BlackRock Credit Allocation Income Trust (BTZ) as of Q2 2022, up from 136 in Q1 2022.
- Funds reported $357M of BlackRock Credit Allocation Income Trust stock for Q2 2022, down 11% quarter-over-quarter.
- 23 funds opened new BlackRock Credit Allocation Income Trust positions in Q2 2022 and 12 closed out, a net change of +11 holders.
- The largest BlackRock Credit Allocation Income Trust buyer in Q2 2022 was Morgan Stanley, an estimated $54.8M added.
- The largest BlackRock Credit Allocation Income Trust seller in Q2 2022 was Bank of America, an estimated $10.6M sold.
Based on aggregated 13F filings for Q2 2022.