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BlackRock Credit Allocation Income Trust

147 hedge funds and large institutions have $315M invested in BlackRock Credit Allocation Income Trust in 2022 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 40 increasing their positions, 48 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 17

1% more funds holding

Funds holding: 145147 (+2)

0.28% more ownership

Funds ownership: 35.02%35.3% (+0.28%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

12% less capital invested

Capital invested by funds: $357M → $315M (-$42M)

17% less repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 48

Holders
147
Holders Change
+2
Holders Change %
+1.38%
% of All Funds
2.53%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
20
Increased
40
Reduced
48
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$52.1M -$2.47M -225,349 -4%
SIA
2
Sit Investment Associates
Minnesota
$45.6M +$3.87M +352,877 +8%
Bank of America
3
Bank of America
North Carolina
$31.4M -$4.01M -364,901 -10%
Allspring Global Investments
4
Allspring Global Investments
North Carolina
$18.9M +$280K +25,500 +1%
GC
5
Guggenheim Capital
Illinois
$17.8M -$195K -17,745 -0.9%
Invesco
6
Invesco
Georgia
$11.3M -$1.41M -128,247 -10%
UBS Group
7
UBS Group
Switzerland
$10.9M +$3.56M +324,747 +39%
JFGIW
8
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$8.72M +$653K +59,475 +7%
PCM
9
Penserra Capital Management
California
$8.32M +$6.49M +590,905 +210%
RCM
10
Rivernorth Capital Management
Florida
$7.3M -$5.41M -493,060 -39%
SAMC
11
Spectrum Asset Management (Connecticut)
Connecticut
$6.9M
1CP
12
1607 Capital Partners
Virginia
$6.8M -$600K -54,650 -7%
Wells Fargo
13
Wells Fargo
California
$6.68M -$213K -19,394 -3%
RJA
14
Raymond James & Associates
Florida
$5.83M -$236K -21,511 -3%
LPL Financial
15
LPL Financial
California
$4.99M +$954K +86,885 +20%
BI
16
Bramshill Investments
Florida
$4.94M -$132K -12,026 -2%
RJFSA
17
Raymond James Financial Services Advisors
Florida
$4.43M +$235K +21,400 +5%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$4M +$322K +29,376 +8%
EIA
19
Edgemoor Investment Advisors
Maryland
$3.58M -$21.7K -1,980 -0.5%
KIM
20
Karpus Investment Management
New York
$3.18M +$303K +27,623 +9%
Cohen & Steers
21
Cohen & Steers
New York
$3.16M -$251K -22,902 -6%
FM
22
Family Management
New York
$2.71M +$1.47M +133,968 +89%
Northwestern Mutual Wealth Management
23
Northwestern Mutual Wealth Management
Wisconsin
$2.6M +$68.6K +6,250 +2%
CIA
24
Capital Investment Advisors
Georgia
$2.55M -$150K -13,683 -5%
Thrivent Financial for Lutherans
25
Thrivent Financial for Lutherans
Minnesota
$2.42M

BTZ Hedge Fund Activity: Q3 2022 in Review

147 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in BlackRock Credit Allocation Income Trust (BTZ) for Q3 2022, worth a combined $315M — down 12% from $357M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new BTZ positions and 17 closed out — a net gain of 3 holders — while 40 added to existing stakes and 48 trimmed.

The largest buyer was Penserra Capital Management, adding an estimated $6.49M. The largest seller was Rivernorth Capital Management, cutting an estimated $5.41M.

  • 147 institutional investors held BlackRock Credit Allocation Income Trust (BTZ) as of Q3 2022, up from 145 in Q2 2022.
  • Funds reported $315M of BlackRock Credit Allocation Income Trust stock for Q3 2022, down 12% quarter-over-quarter.
  • 20 funds opened new BlackRock Credit Allocation Income Trust positions in Q3 2022 and 17 closed out, a net change of +3 holders.
  • The largest BlackRock Credit Allocation Income Trust buyer in Q3 2022 was Penserra Capital Management, an estimated $6.49M added.
  • The largest BlackRock Credit Allocation Income Trust seller in Q3 2022 was Rivernorth Capital Management, an estimated $5.41M sold.

Based on aggregated 13F filings for Q3 2022.