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BlackRock Debt Strategies Fund

73 hedge funds and large institutions have $276M invested in BlackRock Debt Strategies Fund in 2016 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 31 reducing their positions, and 36 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

25.48% more ownership

Funds ownership: 13.59%39.07% (+25%)

1% less capital invested

Capital invested by funds: $278M → $276M (-$2.1M)

26% less repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 31

27% less funds holding

Funds holding: 10073 (-27)

75% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 36

Holders
73
Holders Change
-27
Holders Change %
-27%
% of All Funds
1.82%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
9
Increased
23
Reduced
31
Closed
36
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$92.1M +$378K +34,532 +0.4%
Morgan Stanley
2
Morgan Stanley
New York
$45.9M -$3.59M -328,063 -7%
RCM
3
Rivernorth Capital Management
Florida
$22.8M -$1.94M -177,758 -8%
OHA
4
Oak Hill Advisors
New York
$16M +$2.22M +202,999 +17%
JP Morgan Chase
5
JP Morgan Chase
New York
$15.7M +$687K +62,834 +5%
SIA
6
Sit Investment Associates
Minnesota
$10.3M +$2.4M +219,321 +32%
Invesco
7
Invesco
Georgia
$9.4M -$1.18M -108,109 -12%
AAM
8
Advisors Asset Management
Colorado
$7.1M -$1.58M -144,620 -19%
Citigroup
9
Citigroup
New York
$5.76M -$88.2K -8,071 -2%
Wells Fargo
10
Wells Fargo
California
$5.27M +$203K +18,539 +4%
LCM
11
Landscape Capital Management
New Jersey
$4.55M -$714K -65,260 -14%
WCMNY
12
Westchester Capital Management (New York)
New York
$4.37M +$4.21M +385,459 New
BI
13
Bulldog Investors
New Jersey
$3.82M +$3.68M +336,619 New
CIA
14
Capital Investment Advisors
Georgia
$3.57M +$255K +23,358 +8%
RJA
15
Raymond James & Associates
Florida
$3.36M +$41.8K +3,826 +1%
Bank of America
16
Bank of America
North Carolina
$2.56M -$51.8K -4,734 -2%
DA
17
Doliver Advisors
Texas
$2.52M +$1.73M +158,352 +249%
Bessemer Group
18
Bessemer Group
New Jersey
$1.96M -$2.85M -260,237 -60%
OTC
19
Opera Trading Capital
France
$1.81M +$1.02M +92,973 +139%
AUIM
20
Aegon USA Investment Management
Iowa
$1.42M +$19.9K +1,816 +1%
UBS Group
21
UBS Group
Switzerland
$1.39M +$116K +10,582 +9%
Cambridge Investment Research Advisors
22
Cambridge Investment Research Advisors
Iowa
$1.35M -$32.3K -2,954 -2%
LPL Financial
23
LPL Financial
California
$1.24M -$1.19M -109,167 -50%
WS
24
Wedbush Securities
California
$1.08M +$339K +30,962 +48%
CS
25
Credit Suisse
Switzerland
$1.02M -$1.71M -156,570 -64%

DSU Hedge Fund Activity: Q4 2016 in Review

73 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in BlackRock Debt Strategies Fund (DSU) for Q4 2016, worth a combined $276M — down 0.76% from $278M a quarter earlier.

Sellers outnumbered buyers: 36 funds closed out of DSU and 9 opened new positions — a net loss of 27 holders — while 31 trimmed existing stakes and 23 added.

The largest buyer was Westchester Capital Management (New York), opening a new position worth an estimated $4.21M. The largest seller was Kovitz Investment Group Partners, exiting entirely with an estimated $5.22M sold.

  • 73 institutional investors held BlackRock Debt Strategies Fund (DSU) as of Q4 2016, down from 100 in Q3 2016.
  • Funds reported $276M of BlackRock Debt Strategies Fund stock for Q4 2016, down 0.76% quarter-over-quarter.
  • 9 funds opened new BlackRock Debt Strategies Fund positions in Q4 2016 and 36 closed out, a net change of -27 holders.
  • The largest BlackRock Debt Strategies Fund buyer in Q4 2016 was Westchester Capital Management (New York), an estimated $4.21M added.
  • The largest BlackRock Debt Strategies Fund seller in Q4 2016 was Kovitz Investment Group Partners, an estimated $5.22M sold.

Based on aggregated 13F filings for Q4 2016.