BlackRock Debt Strategies Fund
DSU
94 hedge funds and large institutions have $281M invested in BlackRock Debt Strategies Fund in 2016 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 23 increasing their positions, 29 reducing their positions, and 20 closing their positions.
5% more capital invested
Capital invested by funds: $269M → $281M (+$12.6M)
0.24% more ownership
Funds ownership: 14.22% → 14.46% (+0.24%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
10% less funds holding
Funds holding: 104 → 94 (-10)
21% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 29
45% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$21.7M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.45M |
| 3 |
LPL Financial
San Diego,
California
|
+$2.43M |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.33M |
| 5 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
+$861K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
BlueSpruce Investments
Chicago,
Illinois
|
-$8.04M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$3.39M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
-$3.29M |
| 4 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$2.87M |
| 5 |
ACM
Advent Capital Management
New York
|
-$1.91M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EML
101
Eos Management LP
New York
| – | -$242K | -23,941 | Closed |
|
102
Ameriprise
Minneapolis,
Minnesota
| – | -$120K | -11,826 | Closed |
|
|
IA
103
IFP Advisors
Tampa,
Florida
| – | -$94K | -9,281 | Closed |
|
104
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$92K | -9,057 | Closed |
|
|
GC
105
Gratia Capital
Los Angeles,
California
| – | -$76K | -7,516 | Closed |
|
|
AA
106
Ancora Advisors
Cleveland,
Ohio
| – | -$67K | -6,667 | Closed |
|
|
BMO
107
Beck Mack & Oliver
New York
| – | -$67K | -6,581 | Closed |
|
|
PAM
108
Peak Asset Management
Louisville,
Colorado
| – | -$36K | -3,603 | Closed |
|
109
Northern Trust
Chicago,
Illinois
| – | -$22.1K | -2,227 | -38% |
|
|
RFA
110
Reilly Financial Advisors
La Mesa,
California
| – | -$9K | -900 | Closed |
|
|
WAS
111
Winch Advisory Services
Appleton,
Wisconsin
| – | -$5K | -526 | Closed |
|
|
TRCT
112
Tower Research Capital (TRC)
New York
| – | -$5K | -491 | Closed |
|
|
UFA
113
US Financial Advisors
Braintree,
Massachusetts
| – | -$2K | -192 | Closed |
|
DSU Hedge Fund Activity: Q1 2016 in Review
94 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in BlackRock Debt Strategies Fund (DSU) for Q1 2016, worth a combined $281M — up 4.7% from $269M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of DSU and 11 opened new positions — a net loss of 9 holders — while 29 trimmed existing stakes and 23 added.
The largest buyer was Saba Capital Management, adding an estimated $21.7M. The largest seller was BlueSpruce Investments, exiting entirely with an estimated $8.04M sold.
- 94 institutional investors held BlackRock Debt Strategies Fund (DSU) as of Q1 2016, down from 104 in Q4 2015.
- Funds reported $281M of BlackRock Debt Strategies Fund stock for Q1 2016, up 4.7% quarter-over-quarter.
- 11 funds opened new BlackRock Debt Strategies Fund positions in Q1 2016 and 20 closed out, a net change of -9 holders.
- The largest BlackRock Debt Strategies Fund buyer in Q1 2016 was Saba Capital Management, an estimated $21.7M added.
- The largest BlackRock Debt Strategies Fund seller in Q1 2016 was BlueSpruce Investments, an estimated $8.04M sold.
Based on aggregated 13F filings for Q1 2016.