BlackRock Enhanced Captial and Income Fund
76 hedge funds and large institutions have $138M invested in BlackRock Enhanced Captial and Income Fund in 2019 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 26 increasing their positions, 16 reducing their positions, and 8 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
63% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 16
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
1% more funds holding
Funds holding: 75 → 76 (+1)
1% more capital invested
Capital invested by funds: $137M → $138M (+$1.63M)
0.2% more ownership
Funds ownership: 19.64% → 19.85% (+0.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.75M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.25M |
| 3 |
Cohen & Steers
New York
|
+$928K |
| 4 |
Millennium Management
New York
|
+$534K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$406K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.81M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.41M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.03M |
| 4 |
ACM
Arlington Capital Management
Arlington Heights,
Illinois
|
-$541K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$429K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FTI
76
Fiduciary Trust International
Lincoln,
Massachusetts
| – | -$407K | -25,836 | Closed |
|
|
LFAS
77
Level Four Advisory Services
Dallas,
Texas
| – | -$183K | -11,604 | Closed |
|
|
KL
78
KWMG LLC
Overland Park,
Kansas
| – | -$39K | -2,503 | Closed |
|
|
CJA
79
C-J Advisory
San Jose,
California
| – | -$28K | -1,780 | Closed |
|
|
FHB
80
First Hawaiian Bank
Honolulu,
Hawaii
| – | -$25K | -1,570 | Closed |
|
|
BAM
81
Bruderman Asset Management
Locust Valley,
New York
| – | -$22K | -1,410 | Closed |
|
|
PFGIA
82
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| – | -$6K | -400 | Closed |
|
83
Fidelity Investments
Boston,
Massachusetts
| – | -$16 | -1 | -50% |
|
|
PCG
84
Private Capital Group
West Hartford,
Connecticut
| – | +$237 | +15 | New |
|
CII Hedge Fund Activity: Q2 2019 in Review
76 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Captial and Income Fund (CII) for Q2 2019, worth a combined $138M — up 1.2% from $137M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new CII positions and 8 closed out — a net gain of 2 holders — while 26 added to existing stakes and 16 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $2.75M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $1.81M sold.
- 76 institutional investors held BlackRock Enhanced Captial and Income Fund (CII) as of Q2 2019, up from 75 in Q1 2019.
- Funds reported $138M of BlackRock Enhanced Captial and Income Fund stock for Q2 2019, up 1.2% quarter-over-quarter.
- 10 funds opened new BlackRock Enhanced Captial and Income Fund positions in Q2 2019 and 8 closed out, a net change of +2 holders.
- The largest BlackRock Enhanced Captial and Income Fund buyer in Q2 2019 was Shaker Financial Services, an estimated $2.75M added.
- The largest BlackRock Enhanced Captial and Income Fund seller in Q2 2019 was Karpus Investment Management, an estimated $1.81M sold.
Based on aggregated 13F filings for Q2 2019.