BlackRock Credit Allocation Income Trust
BTZ
136 hedge funds and large institutions have $455M invested in BlackRock Credit Allocation Income Trust in 2020 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 48 increasing their positions, 38 reducing their positions, and 12 closing their positions.
92% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 12
26% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 38
8% more funds holding
Funds holding: 126 → 136 (+10)
0% more capital invested
Capital invested by funds: $454M → $455M (+$479K)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.14% less ownership
Funds ownership: 34.19% → 33.05% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.51M |
| 2 |
Morgan Stanley
New York
|
+$1.48M |
| 3 |
Cohen & Steers
New York
|
+$1.38M |
| 4 |
BI
Bramshill Investments
Naples,
Florida
|
+$1.31M |
| 5 |
TCA
Transcend Capital Advisors
Madison,
New Jersey
|
+$1.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$10.9M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$10.4M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$2.94M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$2.3M |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.08M |
BTZ Hedge Fund Activity: Q4 2020 in Review
136 of the 5,677 institutional investors tracked by Wall St. Rank reported a position in BlackRock Credit Allocation Income Trust (BTZ) for Q4 2020, worth a combined $455M — up 0.11% from $454M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new BTZ positions and 12 closed out — a net gain of 11 holders — while 48 added to existing stakes and 38 trimmed.
The largest buyer was Bank of America, adding an estimated $2.51M. The largest seller was BlackRock, exiting entirely with an estimated $10.9M sold.
- 136 institutional investors held BlackRock Credit Allocation Income Trust (BTZ) as of Q4 2020, up from 126 in Q3 2020.
- Funds reported $455M of BlackRock Credit Allocation Income Trust stock for Q4 2020, up 0.11% quarter-over-quarter.
- 23 funds opened new BlackRock Credit Allocation Income Trust positions in Q4 2020 and 12 closed out, a net change of +11 holders.
- The largest BlackRock Credit Allocation Income Trust buyer in Q4 2020 was Bank of America, an estimated $2.51M added.
- The largest BlackRock Credit Allocation Income Trust seller in Q4 2020 was BlackRock, an estimated $10.9M sold.
Based on aggregated 13F filings for Q4 2020.