BLACKROCK FLOATING RATE INC BGT
COM · Closed-End Fund · CUSIP 091941104
58
institutional holders
-1 vs Q1 2024
6.3m
shares reported held*
$77.1mreported value*
5 new
18 added
18 reduced
5 sold out
net sold ≈ $5.4m (-206.3k shares)
* 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 ≈ $12.32.
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 69 |
| Q4 2022 | 66 |
| Q1 2023 | 61 |
| Q2 2023 | 60 |
| Q3 2023 | 63 |
| Q4 2023 | 67 |
| Q1 2024 | 59 |
| Q2 2024 | 58 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 27 | 31 |
| Q1 2023 | 29 | 25 |
| Q2 2023 | 23 | 30 |
| Q3 2023 | 23 | 24 |
| Q4 2023 | 25 | 30 |
| Q1 2024 | 30 | 25 |
| Q2 2024 | 23 | 23 |
Biggest buyers
| CIBC WORLD MARKETS CORP | New | +897.4k |
| AMERIPRISE FINANCIAL INC | Added | +87.4k |
| Global Retirement Partners, LLC | Added | +63.9k |
| Kestra Advisory Services, LLC | New | +57.2k |
| GUGGENHEIM CAPITAL LLC | Added | +46.0k |
| LPL Financial LLC | Added | +41.4k |
| IAMS WEALTH MANAGEMENT, LLC | New | +20.0k |
| RESTON WEALTH MANAGEMENT LLC | New | +15.3k |
| VIRTUS ADVISERS, LLC | Added | +14.4k |
| Cambridge Investment Research Advisors, Inc. | Added | +8.9k |
Biggest sellers
| MORGAN STANLEY | Reduced | -1.1m |
| DEAN INVESTMENT ASSOCIATES, LLC | Sold out | -140.2k |
| Invesco Ltd. | Reduced | -61.0k |
| Advisors Asset Management, Inc. | Reduced | -47.5k |
| Baird Financial Group, Inc. | Reduced | -15.7k |
| JANE STREET GROUP, LLC | Sold out | -14.7k |
| UBS Group AG | Reduced | -13.3k |
| OSAIC HOLDINGS, INC. | Reduced | -12.8k |
| Coastal Bridge Advisors, LLC | Sold out | -12.0k |
| MELFA WEALTH MANAGEMENT, INC. | Reduced | -3.5k |
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 2024
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 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| CIBC WORLD MARKETS CORP 0.06% of their portfolio | 897.4k $8.7m | New |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 856.3k $10.9m | Added +87.4k |
| GUGGENHEIM CAPITAL LLC 0.06% of their portfolio | 632.9k $8.1m | Added +46.0k |
| MORGAN STANLEY 0.00% of their portfolio | 594.0k $7.6m | Reduced -1.1m |
| UBS Group AG 0.00% of their portfolio | 435.7k $5.6m | Reduced -13.3k |
| Advisors Asset Management, Inc. 0.09% of their portfolio | 375.4k $4.8m | Reduced -47.5k |
| Invesco Ltd. 0.00% of their portfolio | 309.3k $3.9m | Reduced -61.0k |
| LPL Financial LLC 0.00% of their portfolio | 295.0k $3.8m | Added +41.4k |
| Graypoint LLC 0.16% of their portfolio | 184.2k $2.4m | Added +5.1k |
| Baird Financial Group, Inc. 0.00% of their portfolio | 156.5k $2.0m | Reduced -15.7k |
| ICA Group Wealth Management, LLC 0.94% of their portfolio | 123.3k $1.6m | Added +205 |
| COHEN & STEERS, INC. 0.00% of their portfolio | 108.5k $1.4m | Unchanged |
| Global Retirement Partners, LLC 0.04% of their portfolio | 103.4k $1.3m | Added +63.9k |
| Waterfront Wealth Inc. 0.36% of their portfolio | 102.7k $1.3m | Reduced -1.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 97.1k $1.2m | Reduced -2.0k |
| MELFA WEALTH MANAGEMENT, INC. 0.86% of their portfolio | 96.9k $1.2m | Reduced -3.5k |
| MML INVESTORS SERVICES, LLC 0.00% of their portfolio | 94.4k $1.2m | Added +886 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 62.4k $796.6k | Added +2.6k |
| Kestra Advisory Services, LLC 0.00% of their portfolio | 57.2k $729.3k | New |
| VIRTUS ADVISERS, LLC 0.34% of their portfolio | 55.0k $701.3k | Added +14.4k |
| ProVise Management Group, LLC 0.06% of their portfolio | 51.0k $650.5k | Reduced -300 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 48.8k $622.7k | Reduced -12.8k |
| Wagner Wealth Management, LLC 0.15% of their portfolio | 39.8k $507.5k | Added +381 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 39.7k $507.0k | Reduced -1.4k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 36.2k $461.0k | Added +8.9k |
| PINNACLE ASSOCIATES LTD 0.01% of their portfolio | 34.5k $439.9k | Reduced -76 |
| Atria Wealth Solutions, Inc. 0.00% of their portfolio | 28.1k $358.7k | Added +306 |
| Snowden Capital Advisors LLC 0.01% of their portfolio | 27.0k $344.9k | Reduced -1.9k |
| CONNING INC. 0.01% of their portfolio | 26.5k $338.4k | Added +730 |
| HUNTER ASSOCIATES INVESTMENT MANAGEMENT LLC 0.06% of their portfolio | 26.0k $332.0k | Unchanged |
| MONECO ADVISORS, LLC 0.04% of their portfolio | 23.2k $296.4k | Unchanged |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 22.3k $284.0k | Added +36 |
| IAMS WEALTH MANAGEMENT, LLC 0.14% of their portfolio | 20.0k $255.2k | New |
| AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio | 19.1k $243.1k | Added +317 |
| Shulman DeMeo Asset Management LLC 0.06% of their portfolio | 18.8k $239.9k | Reduced -328 |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 16.2k $206.7k | Unchanged |
| RESTON WEALTH MANAGEMENT LLC 0.08% of their portfolio | 15.3k $195.8k | New |
| STEPHENS INC /AR/ 0.00% of their portfolio | 14.3k $182.3k | Unchanged |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 13.1k $168.0k | Added +194 |
| HORIZON KINETICS ASSET MANAGEMENT LLC 0.00% of their portfolio | 12.7k $161.8k | Unchanged |
| ROCKLAND TRUST CO 0.01% of their portfolio | 12.1k $154.8k | Reduced -112 |
| Mid-American Wealth Advisory Group, Inc. 0.09% of their portfolio | 11.5k $146.3k | Reduced -3.4k |
| WEDBUSH SECURITIES INC 0.00% of their portfolio | 10.6k $135.0k | Unchanged |
| KENNEDY INVESTMENT GROUP, INC. 0.07% of their portfolio | 10.4k $132.9k | Added +288 |
| CARY STREET PARTNERS INVESTMENT ADVISORY LLC 0.01% of their portfolio | 10.0k $127.6k | Unchanged |
| PRINCIPAL SECURITIES, INC. 0.00% of their portfolio | 6.4k $81.4k | Added +4.0k |
| Geneos Wealth Management Inc. 0.00% of their portfolio | 5.6k $71.3k | Unchanged |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 4.3k $55.5k | Reduced -400 |
| Cullen/Frost Bankers, Inc. 0.00% of their portfolio | 3.1k $39.9k | Unchanged |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 3.0k $38.3k | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 2.3k $29.3k | Unchanged |
| CIBC Private Wealth Group LLC 0.00% of their portfolio | 2.3k $29.9k | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.7k $21.5k | New |
| LANARK FINANCIAL, INC. 0.00% of their portfolio | 1.1k $14.0k | Reduced -134 |
| DELTA ASSET MANAGEMENT LLC/TN 0.00% of their portfolio | 1.0k $12.8k | Unchanged |
| COMERICA BANK 0.00% of their portfolio | 887 $11.3k | Unchanged |
| Tortoise Investment Management, LLC 0.00% of their portfolio | 100 $1.3k | Unchanged |
| HUNTINGTON NATIONAL BANK 0.00% of their portfolio | 1 $13 | Unchanged |