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BlackRock Credit Allocation Income Trust

102 hedge funds and large institutions have $516M 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.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 66 (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: $538M → $516M (-$22M)

4% less funds holding

Funds holding: 106102 (-4)

25% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 12

Holders
102
Holders Change
-4
Holders Change %
-3.77%
% of All Funds
2.85%
Holding in Top 10
6
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.17%
New
9
Increased
35
Reduced
35
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$113M +$9.36M +755,703 +9%
RVPG
2
Relative Value Partners Group
$58.6M -$632K -51,041 -1%
RCM
3
Rivernorth Capital Management
Florida
$38.4M +$149K +12,000 +0.4%
Bank of America
4
Bank of America
North Carolina
$30.8M -$4.03M -325,472 -11%
KIM
5
Karpus Investment Management
New York
$24.3M +$6.64M +535,588 +37%
SIA
6
Sit Investment Associates
Minnesota
$21.6M +$1.25M +100,980 +6%
1CP
7
1607 Capital Partners
Virginia
$18.9M +$798K +64,400 +4%
Morgan Stanley
8
Morgan Stanley
New York
$18M -$1.77M -143,142 -9%
PPA
9
Parametric Portfolio Associates
Washington
$16.4M -$1.26M -101,754 -7%
Invesco
10
Invesco
Georgia
$13.9M +$364K +29,411 +3%
FIMG
11
Financial & Investment Management Group
Michigan
$13.9M +$57.4K +4,635 +0.4%
SAMC
12
Spectrum Asset Management (Connecticut)
Connecticut
$11.8M
SCM
13
Saba Capital Management
New York
$11M -$744K -60,065 -6%
OA
14
Oxbow Advisors
Texas
$10.5M -$309K -24,934 -3%
UBS Group
15
UBS Group
Switzerland
$9.79M +$688K +55,542 +7%
Bessemer Group
16
Bessemer Group
New Jersey
$8.6M
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$7.47M -$1.85M -149,670 -20%
CC
18
Carlson Capital
Texas
$6.39M
EIA
19
Edgemoor Investment Advisors
Maryland
$5.25M +$5.35M +431,484 New
TAM
20
Third Avenue Management
New York
$4.99M -$5.29M -427,054 -51%
RJA
21
Raymond James & Associates
Florida
$4.39M +$53.4K +4,310 +1%
MRCM
22
M&R Capital Management
New Jersey
$4.32M -$28.9K -2,332 -0.7%
AA
23
AQR Arbitrage
Connecticut
$4.21M +$34.7K +2,799 +0.8%
CIA
24
Capital Investment Advisors
Georgia
$3.89M +$848K +68,483 +27%
MCC
25
Mid Continent Capital
Illinois
$3.86M -$18.6K -1,500 -0.5%

BTZ Hedge Fund Activity: Q3 2015 in Review

102 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in BlackRock Credit Allocation Income Trust (BTZ) for Q3 2015, worth a combined $516M — down 4.1% from $538M 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 $516M 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.