BlackRock ESG Capital Allocation Term Trust
ECAT
72 hedge funds and large institutions have $676M invested in BlackRock ESG Capital Allocation Term Trust in 2025 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 24 increasing their positions, 23 reducing their positions, and 10 closing their positions.
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
3% more funds holding
Funds holding: 70 → 72 (+2)
4% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 23
2.62% less ownership
Funds ownership: 42.27% → 39.65% (-2.6%)
10% less capital invested
Capital invested by funds: $750M → $676M (-$73.8M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
CF Capital
Cohasset,
Massachusetts
|
+$4.03M |
| 2 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
+$2.34M |
| 3 |
IC
IEQ Capital
Foster City,
California
|
+$2.09M |
| 4 |
PCM
Penserra Capital Management
Orinda,
California
|
+$1.4M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$22.7M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$12.2M |
| 3 |
AGM
Alpine Global Management
New York
|
-$6.81M |
| 4 |
AC
Almitas Capital
Santa Monica,
California
|
-$5.43M |
| 5 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$3.93M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWA
76
Arete Wealth Advisors
Chicago,
Illinois
| – | -$245K | -14,932 | Closed |
|
|
WAM
77
Wolverine Asset Management
Chicago,
Illinois
| – | -$213K | -12,979 | Closed |
|
|
TSS
78
Two Sigma Securities
New York
| – | -$194K | -11,838 | Closed |
|
|
KPF
79
K2 Principal Fund
Toronto,
Ontario, Canada
| – | -$187K | -11,382 | Closed |
|
80
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$73.8K | -4,500 | Closed |
|
|
CT
81
Colonial Trust
Spartanburg,
South Carolina
| – | -$14.8K | -900 | Closed |
|
|
FFA
82
Farther Finance Advisors
San Francisco,
California
| – | -$4.92K | -300 | Closed |
|
ECAT Hedge Fund Activity: Q1 2025 in Review
72 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in BlackRock ESG Capital Allocation Term Trust (ECAT) for Q1 2025, worth a combined $676M — down 9.8% from $750M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new ECAT positions and 10 closed out — a net gain of 2 holders — while 24 added to existing stakes and 23 trimmed.
The largest buyer was CF Capital, adding an estimated $4.03M. The largest seller was Rivernorth Capital Management, cutting an estimated $22.7M.
- 72 institutional investors held BlackRock ESG Capital Allocation Term Trust (ECAT) as of Q1 2025, up from 70 in Q4 2024.
- Funds reported $676M of BlackRock ESG Capital Allocation Term Trust stock for Q1 2025, down 9.8% quarter-over-quarter.
- 12 funds opened new BlackRock ESG Capital Allocation Term Trust positions in Q1 2025 and 10 closed out, a net change of +2 holders.
- The largest BlackRock ESG Capital Allocation Term Trust buyer in Q1 2025 was CF Capital, an estimated $4.03M added.
- The largest BlackRock ESG Capital Allocation Term Trust seller in Q1 2025 was Rivernorth Capital Management, an estimated $22.7M sold.
Based on aggregated 13F filings for Q1 2025.