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BlackRock Credit Allocation Income Trust

134 hedge funds and large institutions have $355M invested in BlackRock Credit Allocation Income Trust in 2024 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 43 increasing their positions, 46 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

1% less capital invested

Capital invested by funds: $358M → $355M (-$3.11M)

7% less repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 46

1.79% less ownership

Funds ownership: 35.79%33.99% (-1.8%)

3% less funds holding

Funds holding: 138134 (-4)

27% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 15

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
134
Holders Change
-4
Holders Change %
-2.9%
% of All Funds
1.92%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
11
Increased
43
Reduced
46
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$55.8M -$2.18M -200,128 -4%
Morgan Stanley
2
Morgan Stanley
New York
$55.7M +$1.15M +105,761 +2%
Bank of America
3
Bank of America
North Carolina
$37.3M -$241K -22,105 -0.7%
Allspring Global Investments
4
Allspring Global Investments
North Carolina
$36.1M -$8.18M -749,543 -19%
Invesco
5
Invesco
Georgia
$14.5M +$655K +60,041 +5%
GC
6
Guggenheim Capital
Illinois
$13.7M +$2.57M +235,207 +24%
RJFSA
7
Raymond James Financial Services Advisors
Florida
$11.4M +$533K +48,798 +5%
CIA
8
Capital Investment Advisors
Georgia
$10.8M +$514K +47,124 +5%
Wells Fargo
9
Wells Fargo
California
$10.5M +$749K +68,604 +8%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$9.72M +$334K +30,575 +4%
KIM
11
Karpus Investment Management
New York
$9.14M -$1.1M -100,402 -11%
SFS
12
Sowell Financial Services
Arkansas
$7.08M -$252K -23,059 -4%
LPL Financial
13
LPL Financial
California
$6.13M -$2.91M -266,769 -33%
UBS Group
14
UBS Group
Switzerland
$5.88M +$14.7K +1,343 +0.3%
PCM
15
Penserra Capital Management
California
$4.93M -$9.07M -830,555 -66%
ECM
16
Evergreen Capital Management
Washington
$4.74M -$337K -30,854 -7%
AAM
17
Advisors Asset Management
Colorado
$4.32M +$34.5K +3,160 +0.8%
Cohen & Steers
18
Cohen & Steers
New York
$3.73M
RJA
19
Raymond James & Associates
Florida
$3.17M -$249K -22,844 -8%
EIA
20
Edgemoor Investment Advisors
Maryland
$3.17M -$71.3K -6,529 -2%
Thrivent Financial for Lutherans
21
Thrivent Financial for Lutherans
Minnesota
$2.92M +$36.6K +3,353 +1%
Ameriprise
22
Ameriprise
Minnesota
$2.37M +$88.4K +8,098 +4%
DADC
23
D.A. Davidson & Co
Montana
$2.32M -$6K -550 -0.3%
Fiera Capital (Canada)
24
Fiera Capital (Canada)
Quebec, Canada
$1.97M +$114K +10,475 +6%
Focus Partners Wealth
25
Focus Partners Wealth
Massachusetts
$1.65M -$470K -43,074 -52%

BTZ Hedge Fund Activity: Q3 2024 in Review

134 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in BlackRock Credit Allocation Income Trust (BTZ) for Q3 2024, worth a combined $355M — down 0.87% from $358M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of BTZ and 11 opened new positions — a net loss of 4 holders — while 46 trimmed existing stakes and 43 added.

The largest buyer was International Assets Investment Management, adding an estimated $3.8M. The largest seller was Penserra Capital Management, cutting an estimated $9.07M.

  • 134 institutional investors held BlackRock Credit Allocation Income Trust (BTZ) as of Q3 2024, down from 138 in Q2 2024.
  • Funds reported $355M of BlackRock Credit Allocation Income Trust stock for Q3 2024, down 0.87% quarter-over-quarter.
  • 11 funds opened new BlackRock Credit Allocation Income Trust positions in Q3 2024 and 15 closed out, a net change of -4 holders.
  • The largest BlackRock Credit Allocation Income Trust buyer in Q3 2024 was International Assets Investment Management, an estimated $3.8M added.
  • The largest BlackRock Credit Allocation Income Trust seller in Q3 2024 was Penserra Capital Management, an estimated $9.07M sold.

Based on aggregated 13F filings for Q3 2024.