BlackRock ESG Capital Allocation Term Trust
ECAT
71 hedge funds and large institutions have $593M invested in BlackRock ESG Capital Allocation Term Trust in 2022 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 26 increasing their positions, 12 reducing their positions, and 5 closing their positions.
360% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 5
117% more capital invested
Capital invested by funds: $274M → $593M (+$320M)
117% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 12
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
29% more funds holding
Funds holding: 55 → 71 (+16)
11.11% more ownership
Funds ownership: 20.94% → 32.05% (+11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$43.6M |
| 2 |
AC
Almitas Capital
Santa Monica,
California
|
+$18.4M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$15M |
| 4 |
Morgan Stanley
New York
|
+$13.6M |
| 5 |
WP
Woodline Partners
San Francisco,
California
|
+$10.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$778K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$669K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$409K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$324K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$263K |
ECAT Hedge Fund Activity: Q4 2022 in Review
71 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in BlackRock ESG Capital Allocation Term Trust (ECAT) for Q4 2022, worth a combined $593M — up 117% from $274M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new ECAT positions and 5 closed out — a net gain of 18 holders — while 26 added to existing stakes and 12 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $43.6M. The largest seller was Citadel Advisors, cutting an estimated $778K.
- 71 institutional investors held BlackRock ESG Capital Allocation Term Trust (ECAT) as of Q4 2022, up from 55 in Q3 2022.
- Funds reported $593M of BlackRock ESG Capital Allocation Term Trust stock for Q4 2022, up 117% quarter-over-quarter.
- 23 funds opened new BlackRock ESG Capital Allocation Term Trust positions in Q4 2022 and 5 closed out, a net change of +18 holders.
- The largest BlackRock ESG Capital Allocation Term Trust buyer in Q4 2022 was Saba Capital Management, an estimated $43.6M added.
- The largest BlackRock ESG Capital Allocation Term Trust seller in Q4 2022 was Citadel Advisors, an estimated $778K sold.
Based on aggregated 13F filings for Q4 2022.