We are live on ! Find out more
BTZ icon

BlackRock Credit Allocation Income Trust

140 hedge funds and large institutions have $596M invested in BlackRock Credit Allocation Income Trust in 2019 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 53 increasing their positions, 28 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

129% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 14

89% more repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 28

13% more funds holding

Funds holding: 124140 (+16)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

5.4% less ownership

Funds ownership: 46.45%41.05% (-5.4%)

6% less capital invested

Capital invested by funds: $631M → $596M (-$34.9M)

Holders
140
Holders Change
+16
Holders Change %
+12.9%
% of All Funds
2.76%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
32
Increased
53
Reduced
28
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$184M -$27.7M -2,032,353 -13%
Bank of America
2
Bank of America
North Carolina
$68.7M +$1.77M +129,927 +3%
RCM
3
Rivernorth Capital Management
Florida
$45.1M +$17.6M +1,293,639 +67%
SIA
4
Sit Investment Associates
Minnesota
$39.5M +$13.7M +1,008,350 +56%
Morgan Stanley
5
Morgan Stanley
New York
$22.9M +$999K +73,277 +5%
Invesco
6
Invesco
Georgia
$20M +$1.37M +100,409 +8%
UBS Group
7
UBS Group
Switzerland
$17.2M +$2.47M +180,952 +17%
RVPG
8
Relative Value Partners Group
$15.1M -$742K -54,420 -5%
SAMC
9
Spectrum Asset Management (Connecticut)
Connecticut
$13.5M
PPA
10
Parametric Portfolio Associates
Washington
$12.3M +$1.54M +112,971 +15%
CIA
11
Capital Investment Advisors
Georgia
$11.9M +$442K +32,415 +4%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$10.5M -$404K -29,600 -4%
NL
13
NWAM LLC
Washington
$9.7M -$7.83K -574 -0.1%
JFGIW
14
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$9.14M +$500K +36,650 +6%
BI
15
Bramshill Investments
Florida
$8.77M +$6.53M +478,755 +323%
EIA
16
Edgemoor Investment Advisors
Maryland
$8.34M +$10.2K +745 +0.1%
RJA
17
Raymond James & Associates
Florida
$8.26M +$668K +48,990 +9%
SCM
18
Saba Capital Management
New York
$7.36M -$55.1M -4,041,740 -88%
RJFSA
19
Raymond James Financial Services Advisors
Florida
$6.02M +$308K +22,564 +6%
TJHA
20
Thomas J. Herzfeld Advisors
Florida
$5.84M +$278K +20,377 +5%
LDFR
21
Lehman & Derafelo Financial Resources
Pennsylvania
$4.11M +$7.29K +535 +0.2%
FFA
22
First Foundation Advisors
California
$3.92M +$509K +37,339 +15%
EDRIA
23
Edmonds Duncan Registered Investment Advisors
Kansas
$3.58M -$105K -7,684 -3%
Northwestern Mutual Wealth Management
24
Northwestern Mutual Wealth Management
Wisconsin
$3.55M +$103K +7,571 +3%
AA
25
Apriem Advisors
California
$3.46M -$142K -10,419 -4%

BTZ Hedge Fund Activity: Q4 2019 in Review

140 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in BlackRock Credit Allocation Income Trust (BTZ) for Q4 2019, worth a combined $596M — down 5.5% from $631M a quarter earlier.

Buyers outnumbered sellers: 32 funds opened new BTZ positions and 14 closed out — a net gain of 18 holders — while 53 added to existing stakes and 28 trimmed.

The largest buyer was Rivernorth Capital Management, adding an estimated $17.6M. The largest seller was Saba Capital Management, cutting an estimated $55.1M.

  • 140 institutional investors held BlackRock Credit Allocation Income Trust (BTZ) as of Q4 2019, up from 124 in Q3 2019.
  • Funds reported $596M of BlackRock Credit Allocation Income Trust stock for Q4 2019, down 5.5% quarter-over-quarter.
  • 32 funds opened new BlackRock Credit Allocation Income Trust positions in Q4 2019 and 14 closed out, a net change of +18 holders.
  • The largest BlackRock Credit Allocation Income Trust buyer in Q4 2019 was Rivernorth Capital Management, an estimated $17.6M added.
  • The largest BlackRock Credit Allocation Income Trust seller in Q4 2019 was Saba Capital Management, an estimated $55.1M sold.

Based on aggregated 13F filings for Q4 2019.