BlackRock ESG Capital Allocation Term Trust
ECAT
37 hedge funds and large institutions have $201M invested in BlackRock ESG Capital Allocation Term Trust in 2022 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 15 increasing their positions, 4 reducing their positions, and 12 closing their positions.
275% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 4
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
37% more capital invested
Capital invested by funds: $146M → $201M (+$54.4M)
25% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 12
9% more funds holding
Funds holding: 34 → 37 (+3)
4.12% more ownership
Funds ownership: 7.68% → 11.8% (+4.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$15.5M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$15.4M |
| 3 |
Morgan Stanley
New York
|
+$11.3M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$8.45M |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$2.66M |
| 2 |
AGP
Autumn Glory Partners
Dallas,
Texas
|
-$1.4M |
| 3 |
Walleye Capital
New York
|
-$1.03M |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$873K |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$690K |
ECAT Hedge Fund Activity: Q1 2022 in Review
37 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in BlackRock ESG Capital Allocation Term Trust (ECAT) for Q1 2022, worth a combined $201M — up 37% from $146M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new ECAT positions and 12 closed out — a net gain of 3 holders — while 15 added to existing stakes and 4 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $15.5M. The largest seller was UBS Group, cutting an estimated $2.66M.
- 37 institutional investors held BlackRock ESG Capital Allocation Term Trust (ECAT) as of Q1 2022, up from 34 in Q4 2021.
- Funds reported $201M of BlackRock ESG Capital Allocation Term Trust stock for Q1 2022, up 37% quarter-over-quarter.
- 15 funds opened new BlackRock ESG Capital Allocation Term Trust positions in Q1 2022 and 12 closed out, a net change of +3 holders.
- The largest BlackRock ESG Capital Allocation Term Trust buyer in Q1 2022 was Rivernorth Capital Management, an estimated $15.5M added.
- The largest BlackRock ESG Capital Allocation Term Trust seller in Q1 2022 was UBS Group, an estimated $2.66M sold.
Based on aggregated 13F filings for Q1 2022.