BlackRock Enhanced Captial and Income Fund
54 hedge funds and large institutions have $111M invested in BlackRock Enhanced Captial and Income Fund in 2014 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 21 increasing their positions, 20 reducing their positions, and 15 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 20
3% less capital invested
Capital invested by funds: $114M → $111M (-$3.39M)
1% less ownership
Funds ownership: 19.04% → 18.04% (-1%)
16% less funds holding
Funds holding: 64 → 54 (-10)
67% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$4.06M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$3.85M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$1.33M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$1.03M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$872K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$4.17M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$3.29M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$1.99M |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$1.39M |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$993K |
CII Hedge Fund Activity: Q1 2014 in Review
54 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Captial and Income Fund (CII) for Q1 2014, worth a combined $111M — down 3% from $114M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of CII and 5 opened new positions — a net loss of 10 holders — while 20 trimmed existing stakes and 21 added.
The largest buyer was Cohen & Steers, adding an estimated $4.06M. The largest seller was Newgate Capital Management, exiting entirely with an estimated $4.17M sold.
- 54 institutional investors held BlackRock Enhanced Captial and Income Fund (CII) as of Q1 2014, down from 64 in Q4 2013.
- Funds reported $111M of BlackRock Enhanced Captial and Income Fund stock for Q1 2014, down 3% quarter-over-quarter.
- 5 funds opened new BlackRock Enhanced Captial and Income Fund positions in Q1 2014 and 15 closed out, a net change of -10 holders.
- The largest BlackRock Enhanced Captial and Income Fund buyer in Q1 2014 was Cohen & Steers, an estimated $4.06M added.
- The largest BlackRock Enhanced Captial and Income Fund seller in Q1 2014 was Newgate Capital Management, an estimated $4.17M sold.
Based on aggregated 13F filings for Q1 2014.