BlackRock ESG Capital Allocation Term Trust
ECAT
76 hedge funds and large institutions have $591M invested in BlackRock ESG Capital Allocation Term Trust in 2023 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 27 increasing their positions, 23 reducing their positions, and 5 closing their positions.
180% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 5
17% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 23
13% more funds holding
Funds holding: 67 → 76 (+9)
1.91% more ownership
Funds ownership: 37.26% → 39.18% (+1.9%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
1% less capital invested
Capital invested by funds: $596M → $591M (-$4.63M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$32M |
| 2 |
API
Advisor Partners II
Walnut Creek,
California
|
+$5.83M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.64M |
| 4 |
Goldman Sachs
New York
|
+$2.47M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$13.3M |
| 2 |
WP
Woodline Partners
San Francisco,
California
|
-$4.02M |
| 3 |
Morgan Stanley
New York
|
-$3.72M |
| 4 |
AC
Almitas Capital
Santa Monica,
California
|
-$1.36M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$1.24M |
ECAT Hedge Fund Activity: Q3 2023 in Review
76 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in BlackRock ESG Capital Allocation Term Trust (ECAT) for Q3 2023, worth a combined $591M — down 0.78% from $596M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new ECAT positions and 5 closed out — a net gain of 9 holders — while 27 added to existing stakes and 23 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $32M. The largest seller was Rivernorth Capital Management, cutting an estimated $13.3M.
- 76 institutional investors held BlackRock ESG Capital Allocation Term Trust (ECAT) as of Q3 2023, up from 67 in Q2 2023.
- Funds reported $591M of BlackRock ESG Capital Allocation Term Trust stock for Q3 2023, down 0.78% quarter-over-quarter.
- 14 funds opened new BlackRock ESG Capital Allocation Term Trust positions in Q3 2023 and 5 closed out, a net change of +9 holders.
- The largest BlackRock ESG Capital Allocation Term Trust buyer in Q3 2023 was Saba Capital Management, an estimated $32M added.
- The largest BlackRock ESG Capital Allocation Term Trust seller in Q3 2023 was Rivernorth Capital Management, an estimated $13.3M sold.
Based on aggregated 13F filings for Q3 2023.