BlackRock Credit Allocation Income Trust
BTZ
149 hedge funds and large institutions have $354M invested in BlackRock Credit Allocation Income Trust in 2023 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 45 increasing their positions, 37 reducing their positions, and 14 closing their positions.
129% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 14
22% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 37
13% more funds holding
Funds holding: 132 → 149 (+17)
11% more capital invested
Capital invested by funds: $318M → $354M (+$35.4M)
1.54% more ownership
Funds ownership: 35.14% → 36.68% (+1.5%)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$11.8M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$3.56M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$3.03M |
| 4 |
Morgan Stanley
New York
|
+$1.99M |
| 5 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$1.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAMC
Spectrum Asset Management (Connecticut)
Stamford,
Connecticut
|
-$7M |
| 2 |
ACP
Arcus Capital Partners
Atlanta,
Georgia
|
-$5.54M |
| 3 |
JFGIW
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
|
-$2.01M |
| 4 |
BI
Bramshill Investments
Naples,
Florida
|
-$1.98M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.77M |
BTZ Hedge Fund Activity: Q4 2023 in Review
149 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in BlackRock Credit Allocation Income Trust (BTZ) for Q4 2023, worth a combined $354M — up 11% from $318M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new BTZ positions and 14 closed out — a net gain of 18 holders — while 45 added to existing stakes and 37 trimmed.
The largest buyer was Allspring Global Investments, adding an estimated $11.8M. The largest seller was Spectrum Asset Management (Connecticut), exiting entirely with an estimated $7M sold.
- 149 institutional investors held BlackRock Credit Allocation Income Trust (BTZ) as of Q4 2023, up from 132 in Q3 2023.
- Funds reported $354M of BlackRock Credit Allocation Income Trust stock for Q4 2023, up 11% quarter-over-quarter.
- 32 funds opened new BlackRock Credit Allocation Income Trust positions in Q4 2023 and 14 closed out, a net change of +18 holders.
- The largest BlackRock Credit Allocation Income Trust buyer in Q4 2023 was Allspring Global Investments, an estimated $11.8M added.
- The largest BlackRock Credit Allocation Income Trust seller in Q4 2023 was Spectrum Asset Management (Connecticut), an estimated $7M sold.
Based on aggregated 13F filings for Q4 2023.