BlackRock Credit Allocation Income Trust
BTZ
141 hedge funds and large institutions have $356M invested in BlackRock Credit Allocation Income Trust in 2024 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 43 increasing their positions, 41 reducing their positions, and 25 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 41
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less ownership
Funds ownership: 36.68% → 35.68% (-1%)
5% less funds holding
Funds holding: 149 → 141 (-8)
24% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 25
27% less capital inflows, than outflows
Capital inflows: $24.6M | Capital outflows: $33.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Penserra Capital Management
Orinda,
California
|
+$10.6M |
| 2 |
LPL Financial
San Diego,
California
|
+$3.3M |
| 3 |
Advisors Asset Management
Monument,
Colorado
|
+$1.81M |
| 4 |
Guggenheim Capital
Chicago,
Illinois
|
+$1.5M |
| 5 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sit Investment Associates
Minneapolis,
Minnesota
|
-$5.87M |
| 2 |
1607 Capital Partners
Richmond,
Virginia
|
-$4.05M |
| 3 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.48M |
| 4 |
Rareview Capital
Las Vegas,
Nevada
|
-$3.02M |
| 5 |
AQR Arbitrage
Greenwich,
Connecticut
|
-$2.82M |
BTZ Hedge Fund Activity: Q1 2024 in Review
141 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in BlackRock Credit Allocation Income Trust (BTZ) for Q1 2024, worth a combined $356M — up 0.83% from $354M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of BTZ and 19 opened new positions — a net loss of 6 holders — while 41 trimmed existing stakes and 43 added.
The largest buyer was Penserra Capital Management, adding an estimated $10.6M. The largest seller was Sit Investment Associates, cutting an estimated $5.87M.
- 141 institutional investors held BlackRock Credit Allocation Income Trust (BTZ) as of Q1 2024, down from 149 in Q4 2023.
- Funds reported $356M of BlackRock Credit Allocation Income Trust stock for Q1 2024, up 0.83% quarter-over-quarter.
- 19 funds opened new BlackRock Credit Allocation Income Trust positions in Q1 2024 and 25 closed out, a net change of -6 holders.
- The largest BlackRock Credit Allocation Income Trust buyer in Q1 2024 was Penserra Capital Management, an estimated $10.6M added.
- The largest BlackRock Credit Allocation Income Trust seller in Q1 2024 was Sit Investment Associates, an estimated $5.87M sold.
Based on aggregated 13F filings for Q1 2024.