BLACKROCK FLOATING RATE INC BGT
COM · Closed-End Fund · CUSIP 091941104
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $11.67.
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 69 |
| Q4 2022 | 66 |
| Q1 2023 | 61 |
| Q2 2023 | 60 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 27 | 31 |
| Q1 2023 | 29 | 25 |
| Q2 2023 | 23 | 30 |
Biggest buyers
| MML INVESTORS SERVICES, LLC | New | +92.2k |
| AE Wealth Management LLC | Added | +88.3k |
| Wagner Wealth Management, LLC | Added | +53.7k |
| Advisors Asset Management, Inc. | Added | +45.7k |
| LPL Financial LLC | Added | +27.1k |
| Janney Montgomery Scott LLC | New | +20.7k |
| CreativeOne Wealth, LLC | New | +20.5k |
| AQR Arbitrage LLC | Added | +18.7k |
| Invesco Ltd. | Added | +12.0k |
| Waterfront Wealth Inc. | Added | +11.2k |
Biggest sellers
| MORGAN STANLEY | Reduced | -171.8k |
| Shaker Financial Services, LLC | Sold out | -158.8k |
| Relative Value Partners Group, LLC | Reduced | -119.8k |
| Logan Stone Capital, LLC | Sold out | -100.5k |
| GUGGENHEIM CAPITAL LLC | Reduced | -43.2k |
| WOLVERINE ASSET MANAGEMENT LLC | Sold out | -30.6k |
| COHEN & STEERS, INC. | Reduced | -18.6k |
| BANK OF AMERICA CORP /DE/ | Reduced | -16.9k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. | Sold out | -16.3k |
| UBS Group AG | Reduced | -16.0k |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| FIRST TRUST PORTFOLIOS LP 13G · institution new · filed 2025-01-31 | 5.1% |
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.00% of their portfolio | 681.2k $7.9m | Reduced -171.8k |
| GUGGENHEIM CAPITAL LLC 0.05% of their portfolio | 541.6k $6.3m | Reduced -43.2k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 506.8k $5.9m | Added +8.5k |
| Invesco Ltd. 0.00% of their portfolio | 465.8k $5.4m | Added +12.0k |
| Wagner Wealth Management, LLC 2.00% of their portfolio | 449.8k $5.2m | Added +53.7k |
| 1607 Capital Partners, LLC 0.33% of their portfolio | 399.9k $4.7m | Added +8.6k |
| UBS Group AG 0.00% of their portfolio | 341.8k $4.0m | Reduced -16.0k |
| Mid-American Wealth Advisory Group, Inc. 2.85% of their portfolio | 312.1k $3.7m | First filing |
| Advisors Asset Management, Inc. 0.06% of their portfolio | 265.9k $3.1m | Added +45.7k |
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.24% of their portfolio | 256.8k $3.0m | Unchanged |
| AE Wealth Management LLC 0.02% of their portfolio | 252.1k $2.9m | Added +88.3k |
| DEAN INVESTMENT ASSOCIATES, LLC 0.37% of their portfolio | 194.8k $2.3m | Unchanged |
| Baird Financial Group, Inc. 0.00% of their portfolio | 147.4k $1.7m | Added +5.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 124.2k $1.4m | Reduced -16.9k |
| Coastal Bridge Advisors, LLC 0.32% of their portfolio | 112.4k $1.3m | Reduced -8.7k |
| MELFA WEALTH MANAGEMENT, INC. 1.28% of their portfolio | 108.6k $1.3m | Reduced -12.8k |
| COHEN & STEERS, INC. 0.00% of their portfolio | 108.5k $1.3m | Reduced -18.6k |
| ICA Group Wealth Management, LLC 0.31% of their portfolio | 106.3k $1.2m | Added +192 |
| Relative Value Partners Group, LLC 0.08% of their portfolio | 104.4k $1.2m | Reduced -119.8k |
| Waterfront Wealth Inc. 0.35% of their portfolio | 99.9k $1.2m | Added +11.2k |
| MML INVESTORS SERVICES, LLC 0.01% of their portfolio | 92.2k $1.1m | New |
| LPL Financial LLC 0.00% of their portfolio | 73.6k $857.8k | Added +27.1k |
| AQR Arbitrage LLC 0.04% of their portfolio | 70.2k $818.3k | Added +18.7k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 61.8k $720.7k | Added +3.7k |
| ProVise Management Group, LLC 0.06% of their portfolio | 54.9k $640.7k | Reduced -3.9k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 53.5k $624.0k | Reduced -5.2k |
| Cornerstone Advisory, LLC 0.10% of their portfolio | 50.0k $583.0k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 40.8k $476.0k | Added +691 |
| PINNACLE ASSOCIATES LTD 0.01% of their portfolio | 37.7k $439.6k | Added +10 |
| JONES ROAD CAPITAL MANAGEMENT, L.P. 0.42% of their portfolio | 37.3k $434.9k | Unchanged |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 32.5k $379.0k | Added +4.5k |
| HUNTER ASSOCIATES INVESTMENT MANAGEMENT LLC 0.06% of their portfolio | 26.0k $303.0k | Reduced -1.0k |
| Samalin Investment Counsel, LLC 0.16% of their portfolio | 25.9k $302.3k | Reduced -4.4k |
| Snowden Capital Advisors LLC 0.01% of their portfolio | 25.6k $298.8k | Reduced -271 |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 24.0k $279.6k | Unchanged |
| CONNING INC. 0.01% of their portfolio | 23.7k $276.1k | Added +664 |
| VIRTUS ADVISERS, LLC 0.16% of their portfolio | 23.3k $271.7k | Reduced -3.2k |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 20.7k $241.0k | New |
| CreativeOne Wealth, LLC 0.01% of their portfolio | 20.5k $239.0k | New |
| Shulman DeMeo Asset Management LLC 0.07% of their portfolio | 19.5k $227.5k | Reduced -193 |
| Capital Investment Advisors, LLC 0.01% of their portfolio | 19.4k $226.6k | Reduced -975 |
| Atria Wealth Solutions, Inc. 0.00% of their portfolio | 17.6k $205.7k | Unchanged |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 16.2k $188.9k | First filing |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 16.1k $188.0k | Reduced -5.0k |
| STEPHENS INC /AR/ 0.00% of their portfolio | 16.1k $187.7k | Unchanged |
| ROCKLAND TRUST CO 0.01% of their portfolio | 12.9k $149.9k | Reduced -1.1k |
| HORIZON KINETICS ASSET MANAGEMENT LLC 0.00% of their portfolio | 12.7k $147.8k | Unchanged |
| CARY STREET PARTNERS INVESTMENT ADVISORY LLC 0.01% of their portfolio | 10.0k $116.6k | Unchanged |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 9.5k $110.8k | Reduced -8.2k |
| Geneos Wealth Management Inc. 0.00% of their portfolio | 6.4k $75.0k | Unchanged |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 3.3k $38.7k | Unchanged |
| Cullen/Frost Bankers, Inc. 0.00% of their portfolio | 3.1k $36.5k | New |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 3.0k $35.0k | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 2.3k $26.8k | Unchanged |
| DELTA ASSET MANAGEMENT LLC/TN 0.00% of their portfolio | 1.5k $17.5k | New |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 300 $3.5k | Reduced -2.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 214 $2.5k | New |
| Tortoise Investment Management, LLC 0.00% of their portfolio | 100 $1.2k | Unchanged |
| FIRST MANHATTAN CO. LLC. 0.00% of their portfolio | 6 $69 | Unchanged |
| HUNTINGTON NATIONAL BANK 0.00% of their portfolio | 1 $12 | Unchanged |