BlackRock Credit Allocation Income Trust
BTZ
134 hedge funds and large institutions have $500M invested in BlackRock Credit Allocation Income Trust in 2021 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 51 increasing their positions, 35 reducing their positions, and 12 closing their positions.
46% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 35
17% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 12
2% more capital invested
Capital invested by funds: $489M → $500M (+$10.5M)
1% more funds holding
Funds holding: 133 → 134 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.41% less ownership
Funds ownership: 35.63% → 34.22% (-1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$4.09M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$3.68M |
| 3 |
Lido Advisors
Los Angeles,
California
|
+$2.8M |
| 4 |
Cohen & Steers
New York
|
+$2.57M |
| 5 |
JFGIW
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
|
+$1.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$11.5M |
| 2 |
Morgan Stanley
New York
|
-$6.4M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$4.79M |
| 4 |
EDRIA
Edmonds Duncan Registered Investment Advisors
Lawrence,
Kansas
|
-$4.09M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$3.77M |
BTZ Hedge Fund Activity: Q2 2021 in Review
134 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in BlackRock Credit Allocation Income Trust (BTZ) for Q2 2021, worth a combined $500M — up 2.1% from $489M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new BTZ positions and 12 closed out — a net gain of 2 holders — while 51 added to existing stakes and 35 trimmed.
The largest buyer was Parametric Portfolio Associates, adding an estimated $4.09M. The largest seller was Wells Fargo, cutting an estimated $11.5M.
- 134 institutional investors held BlackRock Credit Allocation Income Trust (BTZ) as of Q2 2021, up from 133 in Q1 2021.
- Funds reported $500M of BlackRock Credit Allocation Income Trust stock for Q2 2021, up 2.1% quarter-over-quarter.
- 14 funds opened new BlackRock Credit Allocation Income Trust positions in Q2 2021 and 12 closed out, a net change of +2 holders.
- The largest BlackRock Credit Allocation Income Trust buyer in Q2 2021 was Parametric Portfolio Associates, an estimated $4.09M added.
- The largest BlackRock Credit Allocation Income Trust seller in Q2 2021 was Wells Fargo, an estimated $11.5M sold.
Based on aggregated 13F filings for Q2 2021.