BlackRock Credit Allocation Income Trust
BTZ
146 hedge funds and large institutions have $357M invested in BlackRock Credit Allocation Income Trust in 2025 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 47 increasing their positions, 41 reducing their positions, and 22 closing their positions.
23% more capital inflows, than outflows
Capital inflows: $20.4M | Capital outflows: $16.6M
15% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 41
0.36% more ownership
Funds ownership: 35.37% → 35.72% (+0.36%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 157 → 146 (-11)
36% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sit Investment Associates
Minneapolis,
Minnesota
|
+$4.49M |
| 2 |
Morgan Stanley
New York
|
+$3.62M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.24M |
| 4 |
Steward Partners Investment Advisory
New York
|
+$2.14M |
| 5 |
Guggenheim Capital
Chicago,
Illinois
|
+$2.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Karpus Investment Management
Pittsford,
New York
|
-$3.88M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$3.38M |
| 3 |
Arcus Capital Partners
Atlanta,
Georgia
|
-$1.02M |
| 4 |
Advisors Asset Management
Monument,
Colorado
|
-$883K |
| 5 |
Marex Group
London,
|
-$745K |
BTZ Hedge Fund Activity: Q1 2025 in Review
146 of the 7,486 institutional investors tracked by Wall St. Rank reported a position in BlackRock Credit Allocation Income Trust (BTZ) for Q1 2025, worth a combined $357M — up 2.1% from $350M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of BTZ and 14 opened new positions — a net loss of 8 holders — while 41 trimmed existing stakes and 47 added.
The largest buyer was Sit Investment Associates, adding an estimated $4.49M. The largest seller was Karpus Investment Management, cutting an estimated $3.88M.
- 146 institutional investors held BlackRock Credit Allocation Income Trust (BTZ) as of Q1 2025, down from 157 in Q4 2024.
- Funds reported $357M of BlackRock Credit Allocation Income Trust stock for Q1 2025, up 2.1% quarter-over-quarter.
- 14 funds opened new BlackRock Credit Allocation Income Trust positions in Q1 2025 and 22 closed out, a net change of -8 holders.
- The largest BlackRock Credit Allocation Income Trust buyer in Q1 2025 was Sit Investment Associates, an estimated $4.49M added.
- The largest BlackRock Credit Allocation Income Trust seller in Q1 2025 was Karpus Investment Management, an estimated $3.88M sold.
Based on aggregated 13F filings for Q1 2025.