BlackRock ESG Capital Allocation Term Trust
ECAT
63 hedge funds and large institutions have $843M invested in BlackRock ESG Capital Allocation Term Trust in 2024 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 27 increasing their positions, 23 reducing their positions, and 13 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
17% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 23
3% more capital invested
Capital invested by funds: $818M → $843M (+$24.8M)
1.76% less ownership
Funds ownership: 46.21% → 44.45% (-1.8%)
11% less funds holding
Funds holding: 71 → 63 (-8)
62% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$21.2M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$12.3M |
| 3 |
AC
Almitas Capital
Santa Monica,
California
|
+$6.53M |
| 4 |
OC
Oppenheimer & Co
New York
|
+$3.13M |
| 5 |
AGM
Alpine Global Management
New York
|
+$3.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RVPG
Relative Value Partners Group
|
-$8.34M |
| 2 |
Pathstone Holdings
Englewood,
New Jersey
|
-$7.01M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$6.42M |
| 4 |
PMG
Private Management Group
Irvine,
California
|
-$3.67M |
| 5 |
Morgan Stanley
New York
|
-$2.61M |
ECAT Hedge Fund Activity: Q2 2024 in Review
63 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in BlackRock ESG Capital Allocation Term Trust (ECAT) for Q2 2024, worth a combined $843M — up 3% from $818M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of ECAT and 5 opened new positions — a net loss of 8 holders — while 23 trimmed existing stakes and 27 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $21.2M. The largest seller was Relative Value Partners Group, exiting entirely with an estimated $8.34M sold.
- 63 institutional investors held BlackRock ESG Capital Allocation Term Trust (ECAT) as of Q2 2024, down from 71 in Q1 2024.
- Funds reported $843M of BlackRock ESG Capital Allocation Term Trust stock for Q2 2024, up 3% quarter-over-quarter.
- 5 funds opened new BlackRock ESG Capital Allocation Term Trust positions in Q2 2024 and 13 closed out, a net change of -8 holders.
- The largest BlackRock ESG Capital Allocation Term Trust buyer in Q2 2024 was Rivernorth Capital Management, an estimated $21.2M added.
- The largest BlackRock ESG Capital Allocation Term Trust seller in Q2 2024 was Relative Value Partners Group, an estimated $8.34M sold.
Based on aggregated 13F filings for Q2 2024.