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BlackRock Credit Allocation Income Trust

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.

New
Increased
Maintained
Reduced
Closed

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: 11 (0)

5% less funds holding

Funds holding: 149141 (-8)

6.22% less ownership

Funds ownership: 41.9%35.68% (-6.2%)

12% less capital invested

Capital invested by funds: $404M → $356M (-$47.5M)

24% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 25

Holders
141
Holders Change
-8
Holders Change %
-5.37%
% of All Funds
2.03%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
19
Increased
43
Reduced
41
Closed
25
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$57.1M -$5.87M -546,713 -9%
Morgan Stanley
2
Morgan Stanley
New York
$52.2M -$52.5M -4,888,552 -50%
Allspring Global Investments
3
Allspring Global Investments
North Carolina
$40.7M -$11.8K -1,100 -0%
Bank of America
4
Bank of America
North Carolina
$33.8M -$693K -64,477 -2%
PCM
5
Penserra Capital Management
California
$13.3M +$10.6M +985,011 +387%
Invesco
6
Invesco
Georgia
$10.4M -$2.37M -220,498 -18%
KIM
7
Karpus Investment Management
New York
$10.2M -$34.3K -3,195 -0.3%
RJFSA
8
Raymond James Financial Services Advisors
Florida
$9.84M +$45.7K +4,250 +0.5%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$9.25M +$720K +66,980 +8%
CIA
10
Capital Investment Advisors
Georgia
$9.22M +$329K +30,638 +4%
GC
11
Guggenheim Capital
Illinois
$8.79M +$1.5M +139,193 +20%
LPL Financial
12
LPL Financial
California
$8.61M +$3.3M +307,028 +62%
Wells Fargo
13
Wells Fargo
California
$8.09M +$156K +14,549 +2%
SFS
14
Sowell Financial Services
Arkansas
$7.07M +$5.12K +476 +0.1%
UBS Group
15
UBS Group
Switzerland
$6.43M -$1.63M -151,711 -20%
ECM
16
Evergreen Capital Management
Washington
$5.02M -$106K -9,864 -2%
AA
17
AQR Arbitrage
Connecticut
$4.04M -$2.82M -262,296 -41%
RJA
18
Raymond James & Associates
Florida
$3.91M +$538K +50,045 +16%
Cohen & Steers
19
Cohen & Steers
New York
$3.54M
EIA
20
Edgemoor Investment Advisors
Maryland
$3.12M -$266K -24,759 -8%
AAM
21
Advisors Asset Management
Colorado
$3.08M +$1.8M +167,093 +139%
Thrivent Financial for Lutherans
22
Thrivent Financial for Lutherans
Minnesota
$2.66M
DADC
23
D.A. Davidson & Co
Montana
$2.38M -$164K -15,295 -6%
Ameriprise
24
Ameriprise
Minnesota
$2.1M +$194K +18,021 +10%
1CP
25
1607 Capital Partners
Virginia
$1.99M -$4.05M -376,650 -67%

BTZ Hedge Fund Activity: Q1 2024 in Review

141 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in BlackRock Credit Allocation Income Trust (BTZ) for Q1 2024, worth a combined $356M — down 12% from $404M 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 Morgan Stanley, cutting an estimated $52.5M.

  • 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, down 12% 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 Morgan Stanley, an estimated $52.5M sold.

Based on aggregated 13F filings for Q1 2024.