BlackRock Enhanced Captial and Income Fund
48 hedge funds and large institutions have $113M invested in BlackRock Enhanced Captial and Income Fund in 2014 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 23 increasing their positions, 13 reducing their positions, and 12 closing their positions.
77% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 13
2% more capital invested
Capital invested by funds: $111M → $113M (+$1.81M)
0.66% less ownership
Funds ownership: 18.04% → 17.37% (-0.66%)
11% less funds holding
Funds holding: 54 → 48 (-6)
50% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$6.63M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$4.12M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$3.25M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$2.47M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$8.45M |
| 2 |
RCYC
Richard C. Young & Co
Newport,
Rhode Island
|
-$3.35M |
| 3 |
RVP
Relative Value Partners
Northbrook,
Illinois
|
-$3.18M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$3.11M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$2.15M |
CII Hedge Fund Activity: Q2 2014 in Review
48 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Captial and Income Fund (CII) for Q2 2014, worth a combined $113M — up 1.6% from $111M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of CII and 6 opened new positions — a net loss of 6 holders — while 13 trimmed existing stakes and 23 added.
The largest buyer was Advisors Asset Management, adding an estimated $6.63M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $8.45M sold.
- 48 institutional investors held BlackRock Enhanced Captial and Income Fund (CII) as of Q2 2014, down from 54 in Q1 2014.
- Funds reported $113M of BlackRock Enhanced Captial and Income Fund stock for Q2 2014, up 1.6% quarter-over-quarter.
- 6 funds opened new BlackRock Enhanced Captial and Income Fund positions in Q2 2014 and 12 closed out, a net change of -6 holders.
- The largest BlackRock Enhanced Captial and Income Fund buyer in Q2 2014 was Advisors Asset Management, an estimated $6.63M added.
- The largest BlackRock Enhanced Captial and Income Fund seller in Q2 2014 was Karpus Investment Management, an estimated $8.45M sold.
Based on aggregated 13F filings for Q2 2014.