BlackRock Enhanced Captial and Income Fund
80 hedge funds and large institutions have $126M invested in BlackRock Enhanced Captial and Income Fund in 2020 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 23 increasing their positions, 19 reducing their positions, and 4 closing their positions.
300% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 4
21% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 19
13% more funds holding
Funds holding: 71 → 80 (+9)
1.92% more ownership
Funds ownership: 20.07% → 21.99% (+1.9%)
18% less capital invested
Capital invested by funds: $153M → $126M (-$26.8M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$9.71M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$4.31M |
| 3 |
Morgan Stanley
New York
|
+$3.3M |
| 4 |
FPCG
Fort Pitt Capital Group
Pittsburgh,
Pennsylvania
|
+$2.05M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$620K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$5.25M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.12M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$839K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$744K |
| 5 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$724K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VFA
76
Valeo Financial Advisors
Carmel,
Indiana
| $6K | +$159 | +10 | +2% |
|
|
TC
77
Truvestments Capital
Sarasota,
Florida
| $6K | +$8.35K | +527 | New |
|
|
ACM
78
Arlington Capital Management
Arlington Heights,
Illinois
| – | -$324K | -18,794 | Closed |
|
|
SBIA
79
Sheaff Brock Investment Advisors
Indianapolis,
Indiana
| – | -$276K | -15,992 | Closed |
|
|
RIA
80
Realta Investment Advisors
Wilmington,
Delaware
| – | -$18K | -1,098 | Closed |
|
|
SIC
81
Samalin Investment Counsel
Chappaqua,
New York
| – | -$2K | -125 | Closed |
|
82
Fidelity Investments
Boston,
Massachusetts
| – | +$16 | +1 | New |
|
|
WLPWM
83
Walled Lake Planning & Wealth Management
Winnetka,
Illinois
| – | +$428 | +27 | New |
|
CII Hedge Fund Activity: Q1 2020 in Review
80 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Captial and Income Fund (CII) for Q1 2020, worth a combined $126M — down 18% from $153M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new CII positions and 4 closed out — a net gain of 12 holders — while 23 added to existing stakes and 19 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $9.71M. The largest seller was Shaker Financial Services, cutting an estimated $5.25M.
- 80 institutional investors held BlackRock Enhanced Captial and Income Fund (CII) as of Q1 2020, up from 71 in Q4 2019.
- Funds reported $126M of BlackRock Enhanced Captial and Income Fund stock for Q1 2020, down 18% quarter-over-quarter.
- 16 funds opened new BlackRock Enhanced Captial and Income Fund positions in Q1 2020 and 4 closed out, a net change of +12 holders.
- The largest BlackRock Enhanced Captial and Income Fund buyer in Q1 2020 was Karpus Investment Management, an estimated $9.71M added.
- The largest BlackRock Enhanced Captial and Income Fund seller in Q1 2020 was Shaker Financial Services, an estimated $5.25M sold.
Based on aggregated 13F filings for Q1 2020.