BlackRock Enhanced Captial and Income Fund
60 hedge funds and large institutions have $80.3M invested in BlackRock Enhanced Captial and Income Fund in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 24 increasing their positions, 19 reducing their positions, and 11 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 19
0.95% less ownership
Funds ownership: 14.43% → 13.47% (-0.95%)
8% less funds holding
Funds holding: 65 → 60 (-5)
11% less capital invested
Capital invested by funds: $90.3M → $80.3M (-$9.95M)
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$988K |
| 2 |
Morgan Stanley
New York
|
+$910K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$680K |
| 4 |
SEIA
Signature Estate & Investment Advisors
Los Angeles,
California
|
+$472K |
| 5 |
DIA
Dana Investment Advisors
Waukesha,
Wisconsin
|
+$368K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$3.15M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$1.71M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$919K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$618K |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$608K |
CII Hedge Fund Activity: Q1 2016 in Review
60 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in BlackRock Enhanced Captial and Income Fund (CII) for Q1 2016, worth a combined $80.3M — down 11% from $90.3M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of CII and 6 opened new positions — a net loss of 5 holders — while 19 trimmed existing stakes and 24 added.
The largest buyer was Karpus Investment Management, adding an estimated $988K. The largest seller was Advisors Asset Management, cutting an estimated $3.15M.
- 60 institutional investors held BlackRock Enhanced Captial and Income Fund (CII) as of Q1 2016, down from 65 in Q4 2015.
- Funds reported $80.3M of BlackRock Enhanced Captial and Income Fund stock for Q1 2016, down 11% quarter-over-quarter.
- 6 funds opened new BlackRock Enhanced Captial and Income Fund positions in Q1 2016 and 11 closed out, a net change of -5 holders.
- The largest BlackRock Enhanced Captial and Income Fund buyer in Q1 2016 was Karpus Investment Management, an estimated $988K added.
- The largest BlackRock Enhanced Captial and Income Fund seller in Q1 2016 was Advisors Asset Management, an estimated $3.15M sold.
Based on aggregated 13F filings for Q1 2016.