BlackRock Credit Allocation Income Trust
BTZ
112 hedge funds and large institutions have $572M invested in BlackRock Credit Allocation Income Trust in 2017 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 31 increasing their positions, 41 reducing their positions, and 10 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
1% less capital invested
Capital invested by funds: $575M → $572M (-$3.24M)
1.41% less ownership
Funds ownership: 41.02% → 39.61% (-1.4%)
3% less funds holding
Funds holding: 116 → 112 (-4)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
24% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$19.2M |
| 2 |
VIA
Vident Investment Advisory
Alpharetta,
Georgia
|
+$6.01M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.49M |
| 4 |
BlackRock
New York
|
+$3.29M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
-$12.8M |
| 2 |
OA
Oxbow Advisors
Austin,
Texas
|
-$10.7M |
| 3 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
-$8.34M |
| 4 |
AMH
Apollo Management Holdings
New York
|
-$5.5M |
| 5 |
Millennium Management
New York
|
-$3.32M |
BTZ Hedge Fund Activity: Q1 2017 in Review
112 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in BlackRock Credit Allocation Income Trust (BTZ) for Q1 2017, worth a combined $572M — down 0.56% from $575M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of BTZ and 8 opened new positions — a net loss of 2 holders — while 41 trimmed existing stakes and 31 added.
The largest buyer was UBS Group, adding an estimated $19.2M. The largest seller was Nuveen, cutting an estimated $12.8M.
- 112 institutional investors held BlackRock Credit Allocation Income Trust (BTZ) as of Q1 2017, down from 116 in Q4 2016.
- Funds reported $572M of BlackRock Credit Allocation Income Trust stock for Q1 2017, down 0.56% quarter-over-quarter.
- 8 funds opened new BlackRock Credit Allocation Income Trust positions in Q1 2017 and 10 closed out, a net change of -2 holders.
- The largest BlackRock Credit Allocation Income Trust buyer in Q1 2017 was UBS Group, an estimated $19.2M added.
- The largest BlackRock Credit Allocation Income Trust seller in Q1 2017 was Nuveen, an estimated $12.8M sold.
Based on aggregated 13F filings for Q1 2017.