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
155% more capital inflows, than outflows
Capital inflows: $28M | Capital outflows: $11M
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%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Karpus Investment Management
Pittsford,
New York
|
+$9.7M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$4.31M |
| 3 |
Morgan Stanley
New York
|
+$3.3M |
| 4 |
Fort Pitt Capital Group
Pittsburgh,
Pennsylvania
|
+$2.05M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$620K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Shaker Financial Services
Arlington,
Virginia
|
-$5.25M |
| 2 |
Advisors Asset Management
Monument,
Colorado
|
-$1.12M |
| 3 |
Raymond James & Associates
St Petersburg,
Florida
|
-$839K |
| 4 |
Parametric Portfolio Associates
Seattle,
Washington
|
-$744K |
| 5 |
Stratos Wealth Partners
Beachwood,
Ohio
|
-$724K |
CII Hedge Fund Activity: Q1 2020 in Review
80 of the 4,549 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 $9.7M. 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 $9.7M 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.