BlackRock ESG Capital Allocation Term Trust
ECAT
65 hedge funds and large institutions have $822M invested in BlackRock ESG Capital Allocation Term Trust in 2024 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 13 increasing their positions, 27 reducing their positions, and 13 closing their positions.
15% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 13
3% more funds holding
Funds holding: 63 → 65 (+2)
2% less capital invested
Capital invested by funds: $843M → $822M (-$20.4M)
1.57% less ownership
Funds ownership: 44.45% → 42.88% (-1.6%)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
52% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
+$15.7M |
| 2 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
+$5.96M |
| 3 |
AGM
Alpine Global Management
New York
|
+$2.81M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$583K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$550K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pathstone Holdings
Englewood,
New Jersey
|
-$13.5M |
| 2 |
AC
Almitas Capital
Santa Monica,
California
|
-$8.83M |
| 3 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$6.94M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$5.36M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.48M |
ECAT Hedge Fund Activity: Q3 2024 in Review
65 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in BlackRock ESG Capital Allocation Term Trust (ECAT) for Q3 2024, worth a combined $822M — down 2.4% from $843M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new ECAT positions and 13 closed out — a net gain of 2 holders — while 13 added to existing stakes and 27 trimmed.
The largest buyer was Penserra Capital Management, opening a new position worth an estimated $15.7M. The largest seller was Pathstone Holdings, exiting entirely with an estimated $13.5M sold.
- 65 institutional investors held BlackRock ESG Capital Allocation Term Trust (ECAT) as of Q3 2024, up from 63 in Q2 2024.
- Funds reported $822M of BlackRock ESG Capital Allocation Term Trust stock for Q3 2024, down 2.4% quarter-over-quarter.
- 15 funds opened new BlackRock ESG Capital Allocation Term Trust positions in Q3 2024 and 13 closed out, a net change of +2 holders.
- The largest BlackRock ESG Capital Allocation Term Trust buyer in Q3 2024 was Penserra Capital Management, an estimated $15.7M added.
- The largest BlackRock ESG Capital Allocation Term Trust seller in Q3 2024 was Pathstone Holdings, an estimated $13.5M sold.
Based on aggregated 13F filings for Q3 2024.