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BlackRock Credit Allocation Income Trust

136 hedge funds and large institutions have $331M invested in BlackRock Credit Allocation Income Trust in 2023 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 27 increasing their positions, 56 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

1% less capital invested

Capital invested by funds: $333M → $331M (-$1.71M)

0.82% less ownership

Funds ownership: 35.2%34.38% (-0.82%)

9% less funds holding

Funds holding: 149136 (-13)

43% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 23

52% less repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 56

Holders
136
Holders Change
-13
Holders Change %
-8.72%
% of All Funds
2.17%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
13
Increased
27
Reduced
56
Closed
23
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$61.2M +$7.85M +735,966 +14%
Morgan Stanley
2
Morgan Stanley
New York
$44.3M -$3.02M -283,534 -6%
Bank of America
3
Bank of America
North Carolina
$35.7M +$2.83M +265,907 +8%
Allspring Global Investments
4
Allspring Global Investments
North Carolina
$23.5M +$1.13M +106,121 +5%
Invesco
5
Invesco
Georgia
$11.3M -$975K -91,502 -8%
UBS Group
6
UBS Group
Switzerland
$10.2M -$1.03M -96,967 -9%
KIM
7
Karpus Investment Management
New York
$8.99M +$36.1K +3,389 +0.4%
JFGIW
8
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$8.41M -$426 -40 -0%
RJFSA
9
Raymond James Financial Services Advisors
Florida
$8.25M +$3.22M +301,657 +60%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$7.67M +$931K +87,344 +13%
SAMC
11
Spectrum Asset Management (Connecticut)
Connecticut
$7.44M
CIA
12
Capital Investment Advisors
Georgia
$7.06M +$842K +79,015 +13%
Wells Fargo
13
Wells Fargo
California
$6.91M +$234K +21,915 +3%
GC
14
Guggenheim Capital
Illinois
$6.84M -$6.91M -648,123 -49%
LPL Financial
15
LPL Financial
California
$5.66M +$71.6K +6,715 +1%
ECM
16
Evergreen Capital Management
Washington
$5.58M +$54.5K +5,113 +1%
1CP
17
1607 Capital Partners
Virginia
$5.11M -$1.59M -149,550 -23%
SFS
18
Sowell Financial Services
Arkansas
$4.87M +$103K +9,698 +2%
PCM
19
Penserra Capital Management
California
$4.45M -$5.61M -526,058 -55%
RJA
20
Raymond James & Associates
Florida
$4.26M -$602K -56,441 -12%
EIA
21
Edgemoor Investment Advisors
Maryland
$3.71M -$41K -3,848 -1%
ACP
22
Arcus Capital Partners
Georgia
$3.65M +$3.78M +354,750 New
BI
23
Bramshill Investments
Florida
$3.49M -$1.74M -163,227 -32%
RCM
24
Rivernorth Capital Management
Florida
$3.48M -$1.7M -159,316 -32%
Cohen & Steers
25
Cohen & Steers
New York
$3.41M

BTZ Hedge Fund Activity: Q1 2023 in Review

136 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in BlackRock Credit Allocation Income Trust (BTZ) for Q1 2023, worth a combined $331M — down 0.51% from $333M a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of BTZ and 13 opened new positions — a net loss of 10 holders — while 56 trimmed existing stakes and 27 added.

The largest buyer was Sit Investment Associates, adding an estimated $7.85M. The largest seller was Guggenheim Capital, cutting an estimated $6.91M.

  • 136 institutional investors held BlackRock Credit Allocation Income Trust (BTZ) as of Q1 2023, down from 149 in Q4 2022.
  • Funds reported $331M of BlackRock Credit Allocation Income Trust stock for Q1 2023, down 0.51% quarter-over-quarter.
  • 13 funds opened new BlackRock Credit Allocation Income Trust positions in Q1 2023 and 23 closed out, a net change of -10 holders.
  • The largest BlackRock Credit Allocation Income Trust buyer in Q1 2023 was Sit Investment Associates, an estimated $7.85M added.
  • The largest BlackRock Credit Allocation Income Trust seller in Q1 2023 was Guggenheim Capital, an estimated $6.91M sold.

Based on aggregated 13F filings for Q1 2023.