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BlackRock Debt Strategies Fund

85 hedge funds and large institutions have $165M invested in BlackRock Debt Strategies Fund in 2013 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 30 increasing their positions, 6 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

567% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 6

400% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 6

103% more capital invested

Capital invested by funds: $81.4M → $165M (+$83.7M)

67% more funds holding

Funds holding: 5185 (+34)

1.17% more ownership

Funds ownership: 6.23%7.4% (+1.2%)

Holders
85
Holders Change
+34
Holders Change %
+66.67%
% of All Funds
2.47%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.06%
New
40
Increased
30
Reduced
6
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$44.8M +$11M +910,392 +32%
SCM
2
Saba Capital Management
New York
$36.7M +$28.4M +2,353,585 +330%
AAM
3
Advisors Asset Management
Colorado
$33M +$18.1M +1,500,091 +119%
RCM
4
Rivernorth Capital Management
Florida
$15M +$12.6M +1,047,090 +518%
Invesco
5
Invesco
Georgia
$4.62M +$423K +35,150 +10%
BI
6
BlueSpruce Investments
Illinois
$3.48M +$3.51M +291,083 New
Wells Fargo
7
Wells Fargo
California
$2.32M +$1.64M +135,957 +236%
Neuberger Berman Group
8
Neuberger Berman Group
New York
$2.28M +$5.57K +462 +0.2%
LW
9
Linscomb Wealth
Texas
$2.18M +$2.19M +182,120 New
Bank of America
10
Bank of America
North Carolina
$2.06M +$326K +27,062 +19%
GC
11
Guggenheim Capital
Illinois
$1.91M +$1.49M +124,087 +354%
WAM
12
Wolverine Asset Management
Illinois
$1.42M +$1.43M +118,814 New
SG Americas Securities
13
SG Americas Securities
New York
$1.04M +$979K +81,254 +1,444%
LPL Financial
14
LPL Financial
California
$1.02M +$91.1K +7,564 +10%
U
15
UBS
Switzerland
$959K +$512K +42,532 +113%
HK
16
Horizon Kinetics
New York
$823K +$678K +56,313 +453%
ZA
17
Zazove Associates
Nevada
$745K +$750K +62,233 New
RJA
18
Raymond James & Associates
Florida
$678K +$682K +56,644 New
VC
19
Vicus Capital
Pennsylvania
$654K +$658K +54,598 New
Goldman Sachs
20
Goldman Sachs
New York
$602K +$173K +14,375 +40%
Barclays
21
Barclays
United Kingdom
$539K +$99.2K +8,239 +16%
First Trust Advisors
22
First Trust Advisors
Illinois
$530K +$533K +44,268 New
SGCA
23
Steel Grove Capital Advisors
Tennessee
$507K +$246K +20,398 +94%
SFS
24
Shaker Financial Services
Virginia
$476K +$437K +36,243 +1,019%
PIA
25
Peachtree Investment Advisors
Georgia
$457K +$460K +38,165 New

DSU Hedge Fund Activity: Q4 2013 in Review

85 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in BlackRock Debt Strategies Fund (DSU) for Q4 2013, worth a combined $165M — up 103% from $81.4M a quarter earlier.

Buyers outnumbered sellers: 40 funds opened new DSU positions and 6 closed out — a net gain of 34 holders — while 30 added to existing stakes and 6 trimmed.

The largest buyer was Saba Capital Management, adding an estimated $28.4M. The largest seller was State of New Jersey Common Pension Fund B, exiting entirely with an estimated $3.26M sold.

  • 85 institutional investors held BlackRock Debt Strategies Fund (DSU) as of Q4 2013, up from 51 in Q3 2013.
  • Funds reported $165M of BlackRock Debt Strategies Fund stock for Q4 2013, up 103% quarter-over-quarter.
  • 40 funds opened new BlackRock Debt Strategies Fund positions in Q4 2013 and 6 closed out, a net change of +34 holders.
  • The largest BlackRock Debt Strategies Fund buyer in Q4 2013 was Saba Capital Management, an estimated $28.4M added.
  • The largest BlackRock Debt Strategies Fund seller in Q4 2013 was State of New Jersey Common Pension Fund B, an estimated $3.26M sold.

Based on aggregated 13F filings for Q4 2013.