BlackRock ESG Capital Allocation Term Trust
ECAT
79 hedge funds and large institutions have $697M invested in BlackRock ESG Capital Allocation Term Trust in 2025 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 23 increasing their positions, 21 reducing their positions, and 10 closing their positions.
70% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 10
10% more funds holding
Funds holding: 72 → 79 (+7)
4.05% more ownership
Funds ownership: 39.65% → 43.7% (+4.1%)
10% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 21
3% more capital invested
Capital invested by funds: $676M → $697M (+$21.3M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$19.1M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$14.9M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.96M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$2.57M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$2.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$13.7M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$10.2M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$4.62M |
| 4 |
CC
CF Capital
Cohasset,
Massachusetts
|
-$3.3M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$2.56M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
AssetMark Inc
Concord,
California
| $4.9K | – | – | – |
|
|
AA
77
Ancora Advisors
Cleveland,
Ohio
| $1.61K | – | – | – |
|
78
JP Morgan Chase
New York
| $498 | -$155K | -10,003 | -100% |
|
|
S
79
SignatureFD
Atlanta,
Georgia
| $181 | – | – | – |
|
|
KIM
80
Karpus Investment Management
Pittsford,
New York
| – | -$10.2M | -645,959 | Closed |
|
|
IC
81
IEQ Capital
Foster City,
California
| – | -$2M | -126,738 | Closed |
|
|
VF
82
Virtu Financial
New York
| – | -$426K | -27,034 | Closed |
|
|
DWM
83
Dakota Wealth Management
Palm Beach Gardens,
Florida
| – | -$413K | -26,178 | Closed |
|
84
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$383K | -24,263 | Closed |
|
85
Pathstone Holdings
Englewood,
New Jersey
| – | -$359K | -20,852 | Closed |
|
86
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$253K | -16,025 | Closed |
|
|
IA
87
IFP Advisors
Tampa,
Florida
| – | -$34.7K | -2,200 | Closed |
|
|
MG
88
Mather Group
Chicago,
Illinois
| – | -$32.9K | -2,087 | Closed |
|
|
TJHA
89
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| – | -$7.46K | -473 | Closed |
|
ECAT Hedge Fund Activity: Q2 2025 in Review
79 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in BlackRock ESG Capital Allocation Term Trust (ECAT) for Q2 2025, worth a combined $697M — up 3.2% from $676M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new ECAT positions and 10 closed out — a net gain of 7 holders — while 23 added to existing stakes and 21 trimmed.
The largest buyer was BlackRock, opening a new position worth an estimated $19.1M. The largest seller was Rivernorth Capital Management, cutting an estimated $13.7M.
- 79 institutional investors held BlackRock ESG Capital Allocation Term Trust (ECAT) as of Q2 2025, up from 72 in Q1 2025.
- Funds reported $697M of BlackRock ESG Capital Allocation Term Trust stock for Q2 2025, up 3.2% quarter-over-quarter.
- 17 funds opened new BlackRock ESG Capital Allocation Term Trust positions in Q2 2025 and 10 closed out, a net change of +7 holders.
- The largest BlackRock ESG Capital Allocation Term Trust buyer in Q2 2025 was BlackRock, an estimated $19.1M added.
- The largest BlackRock ESG Capital Allocation Term Trust seller in Q2 2025 was Rivernorth Capital Management, an estimated $13.7M sold.
Based on aggregated 13F filings for Q2 2025.