BlackRock Credit Allocation Income Trust
BTZ
136 hedge funds and large institutions have $463M invested in BlackRock Credit Allocation Income Trust in 2021 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 50 increasing their positions, 29 reducing their positions, and 18 closing their positions.
72% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 29
17% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 18
1% more funds holding
Funds holding: 135 → 136 (+1)
4% less capital invested
Capital invested by funds: $481M → $463M (-$17.9M)
1.03% less ownership
Funds ownership: 33.92% → 32.89% (-1%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$4.3M |
| 2 |
JFGIW
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
|
+$2.42M |
| 3 |
Morgan Stanley
New York
|
+$1.64M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$971K |
| 5 |
BI
Bramshill Investments
Naples,
Florida
|
+$674K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$21.6M |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$2.09M |
| 3 |
Cohen & Steers
New York
|
-$1.88M |
| 4 |
NL
NWAM LLC
Mercer Island,
Washington
|
-$1.52M |
| 5 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$957K |
BTZ Hedge Fund Activity: Q4 2021 in Review
136 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in BlackRock Credit Allocation Income Trust (BTZ) for Q4 2021, worth a combined $463M — down 3.7% from $481M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new BTZ positions and 18 closed out — a net gain of 3 holders — while 50 added to existing stakes and 29 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $4.3M. The largest seller was Wells Fargo, cutting an estimated $21.6M.
- 136 institutional investors held BlackRock Credit Allocation Income Trust (BTZ) as of Q4 2021, up from 135 in Q3 2021.
- Funds reported $463M of BlackRock Credit Allocation Income Trust stock for Q4 2021, down 3.7% quarter-over-quarter.
- 21 funds opened new BlackRock Credit Allocation Income Trust positions in Q4 2021 and 18 closed out, a net change of +3 holders.
- The largest BlackRock Credit Allocation Income Trust buyer in Q4 2021 was Guggenheim Capital, an estimated $4.3M added.
- The largest BlackRock Credit Allocation Income Trust seller in Q4 2021 was Wells Fargo, an estimated $21.6M sold.
Based on aggregated 13F filings for Q4 2021.