BlackRock Debt Strategies Fund
DSU
90 hedge funds and large institutions have $220M invested in BlackRock Debt Strategies Fund in 2014 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 23 increasing their positions, 26 reducing their positions, and 11 closing their positions.
36% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 11
14% more capital invested
Capital invested by funds: $194M → $220M (+$26.2M)
5% more funds holding
Funds holding: 86 → 90 (+4)
1.14% more ownership
Funds ownership: 8.43% → 9.57% (+1.1%)
12% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 26
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
+$13.6M |
| 2 |
SCM
Saba Capital Management
New York
|
+$6.34M |
| 3 |
Morgan Stanley
New York
|
+$4.31M |
| 4 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$2.53M |
| 5 |
KSCM
Kamunting Street Capital Management
Miami Beach,
Florida
|
+$2.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.11M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.4M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$770K |
| 4 |
BI
BlueSpruce Investments
Chicago,
Illinois
|
-$747K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$562K |
DSU Hedge Fund Activity: Q2 2014 in Review
90 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in BlackRock Debt Strategies Fund (DSU) for Q2 2014, worth a combined $220M — up 14% from $194M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new DSU positions and 11 closed out — a net gain of 4 holders — while 23 added to existing stakes and 26 trimmed.
The largest buyer was Bessemer Group, opening a new position worth an estimated $13.6M. The largest seller was Advisors Asset Management, cutting an estimated $2.11M.
- 90 institutional investors held BlackRock Debt Strategies Fund (DSU) as of Q2 2014, up from 86 in Q1 2014.
- Funds reported $220M of BlackRock Debt Strategies Fund stock for Q2 2014, up 14% quarter-over-quarter.
- 15 funds opened new BlackRock Debt Strategies Fund positions in Q2 2014 and 11 closed out, a net change of +4 holders.
- The largest BlackRock Debt Strategies Fund buyer in Q2 2014 was Bessemer Group, an estimated $13.6M added.
- The largest BlackRock Debt Strategies Fund seller in Q2 2014 was Advisors Asset Management, an estimated $2.11M sold.
Based on aggregated 13F filings for Q2 2014.