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 16 closing their positions.
50% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 16
7% more funds holding
Funds holding: 83 → 89 (+6)
2.43% more ownership
Funds ownership: 37.32% → 39.75% (+2.4%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
16% less capital invested
Capital invested by funds: $244M → $206M (-$38M)
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 |
RVPG
Relative Value Partners Group
|
-$1.71M |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.36M |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$1.31M |
DSU Hedge Fund Activity: Q4 2018 in Review
89 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in BlackRock Debt Strategies Fund (DSU) for Q4 2018, worth a combined $206M — down 16% from $244M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new DSU positions and 16 closed out — a net gain of 8 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 83 in Q3 2018.
- Funds reported $206M of BlackRock Debt Strategies Fund stock for Q4 2018, down 16% quarter-over-quarter.
- 24 funds opened new BlackRock Debt Strategies Fund positions in Q4 2018 and 16 closed out, a net change of +8 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.