BlackRock Debt Strategies Fund
DSU
51 hedge funds and large institutions have $81.4M invested in BlackRock Debt Strategies Fund in 2013 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
27% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 11
6% more funds holding
Funds holding: 48 → 51 (+3)
4% more capital invested
Capital invested by funds: $78.1M → $81.4M (+$3.33M)
0.6% more ownership
Funds ownership: 5.63% → 6.23% (+0.6%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$8.58M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$2.35M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$651K |
| 4 |
Goldman Sachs
New York
|
+$432K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$194K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.98M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$314K |
| 3 |
TFMS
Trust & Fiduciary Management Services
Boston,
Massachusetts
|
-$226K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$207K |
| 5 |
PP
Paloma Partners
Greenwich,
Connecticut
|
-$130K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FNBT
51
FineMark National Bank & Trust
Fort Myers,
Florida
| $3K | – | – | – |
|
|
RJA
52
Raymond James & Associates
St Petersburg,
Florida
| – | -$207K | -16,239 | Closed |
|
|
PP
53
Paloma Partners
Greenwich,
Connecticut
| – | -$130K | -10,200 | Closed |
|
54
Jane Street
New York
| – | -$111K | -8,699 | Closed |
|
|
WAM
55
Wolverine Asset Management
Chicago,
Illinois
| – | -$89K | -7,031 | Closed |
|
DSU Hedge Fund Activity: Q3 2013 in Review
51 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in BlackRock Debt Strategies Fund (DSU) for Q3 2013, worth a combined $81.4M — up 4.3% from $78.1M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new DSU positions and 5 closed out — a net gain of 4 holders — while 14 added to existing stakes and 11 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $8.58M. The largest seller was Morgan Stanley, cutting an estimated $3.98M.
- 51 institutional investors held BlackRock Debt Strategies Fund (DSU) as of Q3 2013, up from 48 in Q2 2013.
- Funds reported $81.4M of BlackRock Debt Strategies Fund stock for Q3 2013, up 4.3% quarter-over-quarter.
- 9 funds opened new BlackRock Debt Strategies Fund positions in Q3 2013 and 5 closed out, a net change of +4 holders.
- The largest BlackRock Debt Strategies Fund buyer in Q3 2013 was Saba Capital Management, an estimated $8.58M added.
- The largest BlackRock Debt Strategies Fund seller in Q3 2013 was Morgan Stanley, an estimated $3.98M sold.
Based on aggregated 13F filings for Q3 2013.