BlackRock Debt Strategies Fund
DSU
92 hedge funds and large institutions have $250M invested in BlackRock Debt Strategies Fund in 2015 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 30 increasing their positions, 25 reducing their positions, and 10 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
20% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 25
3% more capital invested
Capital invested by funds: $242M → $250M (+$7.33M)
0.8% more ownership
Funds ownership: 11.47% → 12.26% (+0.8%)
5% less funds holding
Funds holding: 97 → 92 (-5)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$11.7M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.45M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$2.02M |
| 4 |
BI
BlueSpruce Investments
Chicago,
Illinois
|
+$757K |
| 5 |
Morgan Stanley
New York
|
+$750K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HK
Horizon Kinetics
New York
|
-$1.14M |
| 2 |
Bessemer Group
Woodbridge,
New Jersey
|
-$569K |
| 3 |
KSCM
Kamunting Street Capital Management
Miami Beach,
Florida
|
-$545K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$311K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$300K |
DSU Hedge Fund Activity: Q2 2015 in Review
92 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in BlackRock Debt Strategies Fund (DSU) for Q2 2015, worth a combined $250M — up 3% from $242M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of DSU and 7 opened new positions — a net loss of 3 holders — while 25 trimmed existing stakes and 30 added.
The largest buyer was Saba Capital Management, adding an estimated $11.7M. The largest seller was Horizon Kinetics, cutting an estimated $1.14M.
- 92 institutional investors held BlackRock Debt Strategies Fund (DSU) as of Q2 2015, down from 97 in Q1 2015.
- Funds reported $250M of BlackRock Debt Strategies Fund stock for Q2 2015, up 3% quarter-over-quarter.
- 7 funds opened new BlackRock Debt Strategies Fund positions in Q2 2015 and 10 closed out, a net change of -3 holders.
- The largest BlackRock Debt Strategies Fund buyer in Q2 2015 was Saba Capital Management, an estimated $11.7M added.
- The largest BlackRock Debt Strategies Fund seller in Q2 2015 was Horizon Kinetics, an estimated $1.14M sold.
Based on aggregated 13F filings for Q2 2015.