BlackRock Debt Strategies Fund
DSU
89 hedge funds and large institutions have $206M invested in BlackRock Debt Strategies Fund in 2018 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 20 increasing their positions, 26 reducing their positions, and 17 closing their positions.
41% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 17
6% more funds holding
Funds holding: 84 → 89 (+5)
2.32% more ownership
Funds ownership: 37.42% → 39.75% (+2.3%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
17% less capital invested
Capital invested by funds: $248M → $206M (-$42.7M)
23% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$14.5M |
| 2 |
OHA
Oak Hill Advisors
New York
|
+$5.71M |
| 3 |
AUIM
Aegon USA Investment Management
Cedar Rapids,
Iowa
|
+$5.02M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$4.96M |
| 5 |
FM
Family Management
New York
|
+$1.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$12.7M |
| 2 |
Morgan Stanley
New York
|
-$10.2M |
| 3 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$4.65M |
| 4 |
RVPG
Relative Value Partners Group
|
-$1.71M |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.36M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWP
101
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$12K | -1,055 | Closed |
|
|
PCP
102
Proficio Capital Partners
Newton,
Massachusetts
| – | -$11K | -966 | Closed |
|
|
TPWA
103
TRUE Private Wealth Advisors
Salem,
Oregon
| – | -$9.56K | -858 | Closed |
|
104
Fidelity Investments
Boston,
Massachusetts
| – | +$21 | +2 | New |
|
DSU Hedge Fund Activity: Q4 2018 in Review
89 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in BlackRock Debt Strategies Fund (DSU) for Q4 2018, worth a combined $206M — down 17% from $248M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new DSU positions and 17 closed out — a net gain of 7 holders — while 20 added to existing stakes and 26 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $14.5M. The largest seller was Saba Capital Management, cutting an estimated $12.7M.
- 89 institutional investors held BlackRock Debt Strategies Fund (DSU) as of Q4 2018, up from 84 in Q3 2018.
- Funds reported $206M of BlackRock Debt Strategies Fund stock for Q4 2018, down 17% quarter-over-quarter.
- 24 funds opened new BlackRock Debt Strategies Fund positions in Q4 2018 and 17 closed out, a net change of +7 holders.
- The largest BlackRock Debt Strategies Fund buyer in Q4 2018 was Rivernorth Capital Management, an estimated $14.5M added.
- The largest BlackRock Debt Strategies Fund seller in Q4 2018 was Saba Capital Management, an estimated $12.7M sold.
Based on aggregated 13F filings for Q4 2018.