BlackRock Credit Allocation Income Trust
BTZ
102 hedge funds and large institutions have $518M invested in BlackRock Credit Allocation Income Trust in 2015 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 35 increasing their positions, 35 reducing their positions, and 12 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
0% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 35
0.07% less ownership
Funds ownership: 39.47% → 39.4% (-0.07%)
4% less capital invested
Capital invested by funds: $541M → $518M (-$22.2M)
4% less funds holding
Funds holding: 106 → 102 (-4)
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$9.36M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$6.64M |
| 3 |
EIA
Edgemoor Investment Advisors
Bethesda,
Maryland
|
+$5.35M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$2.68M |
| 5 |
LM
Luminus Management
Houston,
Texas
|
+$1.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NL
NWAM LLC
Mercer Island,
Washington
|
-$8.7M |
| 2 |
TAM
Third Avenue Management
New York
|
-$5.29M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$4.03M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$3.51M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.85M |
BTZ Hedge Fund Activity: Q3 2015 in Review
102 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in BlackRock Credit Allocation Income Trust (BTZ) for Q3 2015, worth a combined $518M — down 4.1% from $541M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of BTZ and 9 opened new positions — a net loss of 3 holders — while 35 trimmed existing stakes and 35 added.
The largest buyer was Wells Fargo, adding an estimated $9.36M. The largest seller was NWAM LLC, exiting entirely with an estimated $8.7M sold.
- 102 institutional investors held BlackRock Credit Allocation Income Trust (BTZ) as of Q3 2015, down from 106 in Q2 2015.
- Funds reported $518M of BlackRock Credit Allocation Income Trust stock for Q3 2015, down 4.1% quarter-over-quarter.
- 9 funds opened new BlackRock Credit Allocation Income Trust positions in Q3 2015 and 12 closed out, a net change of -3 holders.
- The largest BlackRock Credit Allocation Income Trust buyer in Q3 2015 was Wells Fargo, an estimated $9.36M added.
- The largest BlackRock Credit Allocation Income Trust seller in Q3 2015 was NWAM LLC, an estimated $8.7M sold.
Based on aggregated 13F filings for Q3 2015.