Vault-13

BLACKROCK CAP ALLOCATION TER BCAT

COM · Closed-End Fund · CUSIP 09260U109

92 institutional holders -1 vs Q1 2025
26,312,59226.3m shares reported held*
$398.4mreported value*
13 new 33 added 24 reduced 15 sold out net sold ≈ $48.7m (-3.3m 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 ≈ $15.14.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 77Q4 22: 85Q1 23: 73Q2 23: 74Q3 23: 81Q4 23: 87Q1 24: 92Q2 24: 87Q3 24: 81Q4 24: 91Q1 25: 93Q2 25: 9292Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202277
Q4 202285
Q1 202373
Q2 202374
Q3 202381
Q4 202387
Q1 202492
Q2 202487
Q3 202481
Q4 202491
Q1 202593
Q2 202592

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q3 23: 35 bought or addedQ3 23: 35 cut or sold outQ4 23: 41 bought or addedQ4 23: 36 cut or sold outQ4 23Q1 24: 46 bought or addedQ1 24: 39 cut or sold outQ2 24: 44 bought or addedQ2 24: 45 cut or sold outQ2 24Q3 24: 31 bought or addedQ3 24: 52 cut or sold outQ4 24: 43 bought or addedQ4 24: 39 cut or sold outQ4 24Q1 25: 57 bought or addedQ1 25: 32 cut or sold outQ2 25: 46 bought or addedQ2 25: 39 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20233535
Q4 20234136
Q1 20244639
Q2 20244445
Q3 20243152
Q4 20244339
Q1 20255732
Q2 20254639

Biggest buyers

WELLS FARGO & COMPANY/MN Added +957,651+957.7k
ROYAL BANK OF CANADA Added +604,779+604.8k
Rockefeller Capital Management L.P. Added +497,778+497.8k
COHEN & STEERS, INC. Added +160,000+160.0k
BANK OF AMERICA CORP /DE/ Added +116,151+116.2k
JANE STREET GROUP, LLC New +98,304+98.3k
RAYMOND JAMES FINANCIAL INC Added +91,285+91.3k
LPL Financial LLC Added +78,762+78.8k
CWM, LLC Added +69,700+69.7k
AMERIPRISE FINANCIAL INC Added +65,292+65.3k

Biggest sellers

Saba Capital Management, L.P. Reduced -4,007,058-4.0m
RIVERNORTH CAPITAL MANAGEMENT, LLC Reduced -1,095,398-1.1m
MORGAN STANLEY Reduced -368,877-368.9k
Pathstone Holdings, LLC Sold out -143,719-143.7k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -135,481-135.5k
WOLVERINE ASSET MANAGEMENT LLC Sold out -114,083-114.1k
Advisor Resource Council Sold out -102,944-102.9k
SOA Wealth Advisors, LLC. Sold out -75,069-75.1k
STIFEL FINANCIAL CORP Reduced -49,433-49.4k
READYSTATE ASSET MANAGEMENT LP Sold out -47,532-47.5k

Insider purchases and sales in Q2 2025

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.

Officers and directors buying vs selling

Number of people, by quarter (10% owners not included)

BuyingSelling
101Q3 23: 0 buyingQ3 23: 0 sellingQ4 23: 0 buyingQ4 23: 0 sellingQ4 23Q1 24: 0 buyingQ1 24: 0 sellingQ2 24: 0 buyingQ2 24: 0 sellingQ2 24Q3 24: 0 buyingQ3 24: 0 sellingQ4 24: 1 buyingQ4 24: 0 sellingQ4 24Q1 25: 0 buyingQ1 25: 0 sellingQ2 25: 0 buyingQ2 25: 0 sellingQ2 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20230—0——
Q4 20230—0——
Q1 20240—0——
Q2 20240—0——
Q3 20240—0——
Q4 20241$9620——
Q1 20250—0——
Q2 20250—0——
DateInsiderTradeSharesPrice ValueTheir holding
2025-05-16 Saba Capital Management, L.P. +1 10% owner Sold 129,204 $14.83 $1.9m129.2k shares -1%
2025-05-15 Saba Capital Management, L.P. +1 10% owner Sold 55,335 $14.91 $825.0k55.3k shares -0%
2025-05-14 Saba Capital Management, L.P. +1 10% owner Sold 111,025 $15.27 $1.7m111.0k shares -1%
2025-05-13 Saba Capital Management, L.P. +1 10% owner Sold 175,794 $15.25 $2.7m175.8k shares -2%
2025-05-12 Saba Capital Management, L.P. +1 10% owner Sold 151,698 $15.16 $2.3m151.7k shares -1%
2025-05-09 Saba Capital Management, L.P. +1 10% owner Sold 61,849 $14.83 $917.2k61.8k shares -1%
2025-05-08 Saba Capital Management, L.P. +1 10% owner Sold 72,669 $14.79 $1.1m72.7k shares -1%
2025-05-07 Saba Capital Management, L.P. +1 10% owner Sold 99,501 $14.72 $1.5m99.5k shares -1%
2025-05-06 Saba Capital Management, L.P. +1 10% owner Sold 49,701 $14.72 $731.6k49.7k shares -<1%
2025-05-05 Saba Capital Management, L.P. +1 10% owner Sold 85,570 $14.78 $1.3m85.6k shares -1%
2025-05-02 Saba Capital Management, L.P. +1 10% owner Sold 33,620 $14.82 $498.2k33.6k shares -<1%
2025-05-01 Saba Capital Management, L.P. +1 10% owner Sold 65,611 $14.78 $969.7k65.6k shares -1%
2025-04-30 Saba Capital Management, L.P. +1 10% owner Sold 311,729 $14.39 $4.5m311.7k shares -3%
2025-04-15 Saba Capital Management, L.P. +1 10% owner Sold 16,663 $13.92 $231.9k16.7k shares -<1%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Saba Capital Management, L.P. 3.22% of their portfolio NEW YORK, NY 7,802,4737.8m $118.1m $118.1m 3.22% Reduced -4.0m -4,007,058
2 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,811,9343.8m $57.7m $57.7m 0.00% Reduced -368.9k -368,877
3 COHEN & STEERS, INC. 0.04% of their portfolio NEW YORK, NY 1,510,7511.5m $22.9m $22.9m 0.04% Added +160.0k +160,000
4 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 1,494,9341.5m $22.6m $22.6m 0.00% Added +957.7k +957,651
5 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,424,0141.4m $21.6m $21.6m 0.00% Added +116.2k +116,151
6 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,337,4681.3m $20.2m $20.2m 0.00% Reduced -45.7k -45,690
7 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 1,269,9891.3m $19.2m $19.2m 0.00% Reduced -21.1k -21,077
8 Penserra Capital Management LLC 0.25% of their portfolio ORINDA, CA 1,171,1081.2m $17.7m $17.7m 0.25% Added +34.6k +34,597
9 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,033,3641.0m $15.6m $15.6m 0.00% Added +604.8k +604,779
10 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 979,776979.8k $14.8m $14.8m 0.02% Added +497.8k +497,778
11 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 543,309543.3k $8.2m $8.2m 0.01% Reduced -49.4k -49,433
12 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 373,788373.8k $5.7m $5.7m 0.00% Added +91.3k +91,285
13 Keebeck Wealth Management 0.72% of their portfolio Chicago, IL 363,870363.9k $5.5m $5.5m 0.72% Unchanged
14 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.25% of their portfolio WEST PALM BEACH, FL 297,927297.9k $4.5m $4.5m 0.25% Reduced -1.1m -1,095,398
15 Advisors Asset Management, Inc. 0.08% of their portfolio Monument, CO 293,419293.4k $4.4m $4.4m 0.08% Added +55.2k +55,167
16 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 268,418268.4k $4.1m $4.1m 0.00% Added +78.8k +78,762
17 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 184,590184.6k $2.8m $2.8m 0.01% Added +20.2k +20,198
18 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 119,857119.9k $1.8m $1.8m 0.00% Added +10.0k +10,041
19 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 114,181114.2k $1.7m $1.7m 0.00% Added +65.3k +65,292
20 PREVAIL INNOVATIVE WEALTH ADVISORS, LLC 0.37% of their portfolio LEAWOOD, KS 109,562109.6k $1.7m $1.7m 0.37% Reduced -1.6k -1,611
21 Mathes Company, Inc. 0.59% of their portfolio New York, NY 105,500105.5k $1.6m $1.6m 0.59% Unchanged
22 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 98,30498.3k $1.5m $1.5m 0.00% New
23 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 98,13698.1k $1.5m $1.5m 0.00% Added +5.9k +5,946
24 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 93,27993.3k $1.4m $1.4m 0.01% Added +59.3k +59,279
25 OBSIDIAN CIO, LLC 0.19% of their portfolio NEW YORK, NY 88,35688.4k $1.3m $1.3m 0.19% Added +31.8k +31,823
26 Clearstead Advisors, LLC 0.02% of their portfolio CLEVELAND, OH 84,42384.4k $1.3m $1.3m 0.02% Added +1.0k +1,003
27 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 79,45179.5k $1.2m $1.2m 0.00% Reduced -1.6k -1,628
28 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 75,00075.0k $1.1m $1.1m 0.00% Added +14.0k +14,000
29 CWM, LLC 0.00% of their portfolio OMAHA, NE 70,47970.5k $1.1m $1.1m 0.00% Added +69.7k +69,700
30 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 62,67662.7k $949.0k $949.0k 0.00% Reduced -135.5k -135,481
31 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 59,38659.4k $899.1k $899.1k 0.01% Reduced -2.5k -2,463
32 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 58,58858.6k $887.0k $887.0k 0.00% Added +11.9k +11,948
33 Perennial Investment Advisors, LLC 0.08% of their portfolio Los Angeles, CA 53,65653.7k $812.3k $812.3k 0.08% Added +6.2k +6,163
34 WINEBRENNER CAPITAL MANAGEMENT LLC 0.55% of their portfolio LOUISVILLE, KY 45,00045.0k $681.3k $681.3k 0.55% Unchanged
35 Bison Wealth, LLC 0.05% of their portfolio ATLANTA, GA 43,10243.1k $655.2k $655.2k 0.05% Added +17.7k +17,657
36 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 41,83241.8k $633.3k $633.3k 0.00% Unchanged
37 Joseph P. Lucia & Associates, LLC 0.20% of their portfolio Yorktown Heights, NY 33,06633.1k $500.6k $500.6k 0.20% Added +9.0k +8,972
38 Amplius Wealth Advisors, LLC 0.04% of their portfolio BLUE BELL, PA 30,57630.6k $462.9k $462.9k 0.04% Added +1.6k +1,571
39 TD Capital Management LLC 0.04% of their portfolio MEMPHIS, TN 30,30830.3k $458.9k $458.9k 0.04% New
40 BlackRock, Inc. 0.00% of their portfolio New York, NY 29,05529.1k $439.9k $439.9k 0.00% Added +5.8k +5,801
41 Quantinno Capital Management LP 0.00% of their portfolio NEW YORK, NY 28,26828.3k $428.0k $428.0k 0.00% New
42 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 28,05928.1k $424.8k $424.8k 0.00% Added +13.2k +13,160
43 KINGSWOOD WEALTH ADVISORS, LLC 0.03% of their portfolio SAN DIEGO, CA 26,40126.4k $399.7k $399.7k 0.03% Reduced -3.3k -3,345
44 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 23,63223.6k $357.8k $357.8k 0.00% Reduced -7.0k -6,984
45 CoreCap Advisors, LLC 0.01% of their portfolio SOUTHFIELD, MI 23,00023.0k $348.2k $348.2k 0.01% Added +8.0k +8,000
46 CALTON & ASSOCIATES, INC. 0.05% of their portfolio Tampa, FL 20,03920.0k $303.4k $303.4k 0.05% Added +425 +425
47 Camelot Portfolios, LLC 0.18% of their portfolio Maumee, OH 19,50019.5k $295.2k $295.2k 0.18% Unchanged
48 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 18,85318.9k $285.4k $285.4k 0.00% Reduced -847 -847
49 Consolidated Portfolio Review Corp 0.04% of their portfolio WOODBURY, NY 18,47018.5k $279.6k $279.6k 0.04% Reduced -10.3k -10,298
50 NorthCoast Asset Management LLC 0.00% of their portfolio STAMFORD, CT 18,19218.2k $275.4k $275.4k 0.00% New
51 EAGLE ROCK INVESTMENT COMPANY, LLC 0.04% of their portfolio ATLANTA, GA 17,90217.9k $271.0k $271.0k 0.04% Unchanged
52 Patriot Financial Group Insurance Agency, LLC 0.03% of their portfolio Westborough, MA 16,65016.6k $252.1k $252.1k 0.03% Unchanged
53 Walkner Condon Financial Advisors LLC 0.05% of their portfolio MADISON, WI 16,21316.2k $245.5k $245.5k 0.05% Unchanged
54 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 15,88615.9k $240.5k $240.5k 0.00% Reduced -344 -344
55 Boreal Capital Management LLC 0.20% of their portfolio MIAMI, FL 15,69515.7k $237.6k $237.6k 0.20% First filing
56 Calydon Capital 0.02% of their portfolio MEMPHIS, TN 15,66015.7k $237.1k $237.1k 0.02% New
57 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 15,37615.4k $232.8k $232.8k 0.00% New
58 INSIGNEO ADVISORY SERVICES, LLC 0.02% of their portfolio MIAMI, FL 15,36915.4k $232.7k $232.7k 0.02% Reduced -250 -250
59 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 14,14614.1k $214.2k $214.2k 0.00% Unchanged
60 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 12,83012.8k $194.2k $194.2k 0.00% Added +431 +431
61 WEDBUSH SECURITIES INC 0.01% of their portfolio PASADENA, CA 12,53612.5k $190.0k $190.0k 0.01% Reduced -172 -172
62 CARY STREET PARTNERS FINANCIAL LLC 0.01% of their portfolio RICHMOND, VA 12,29912.3k $186.2k $186.2k 0.01% Unchanged
63 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 11,41211.4k $170.0k $170.0k 0.00% New
64 Hilltop Holdings Inc. 0.01% of their portfolio DALLAS, TX 11,10011.1k $168.1k $168.1k 0.01% New
65 SeaCrest Wealth Management, LLC 0.02% of their portfolio PURCHASE, NY 10,96111.0k $165.9k $165.9k 0.02% New
66 COMERICA BANK 0.00% of their portfolio DALLAS, TX 10,91410.9k $165.2k $165.2k 0.00% Added +109 +109
67 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 10,60210.6k $160.5k $160.5k 0.00% Unchanged
68 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 10,15010.2k $154.0k $154.0k 0.00% Reduced -5.0k -5,000
69 HUB Investment Partners, LLC 0.01% of their portfolio AUSTIN, TX 10,00010.0k $151.4k $151.4k 0.01% Reduced -454 -454
70 JOURNEY STRATEGIC WEALTH LLC 0.00% of their portfolio SUMMIT, NJ 10,00010.0k $151.4k $151.4k 0.00% Reduced -1.0k -1,000
71 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 6,7336.7k $101.9k $101.9k 0.00% Reduced -3.1k -3,086
72 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 5,2865.3k $80.0k $80.0k 0.00% Unchanged
73 Anfield Capital Management, LLC 0.02% of their portfolio IRVINE, CA 3,6743.7k $55.6k $55.6k 0.02% Unchanged
74 PRIVATE TRUST CO NA 0.01% of their portfolio CLEVELAND, OH 3,5003.5k $53.0k $53.0k 0.01% Unchanged
75 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 3,0933.1k $46.0k $46.0k 0.00% Added +59 +59
76 Red Tortoise LLC 0.02% of their portfolio ATLANTA, GA 2,2002.2k $33.3k $33.3k 0.02% New
77 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 2,0452.0k $31.0k $31.0k 0.00% Added +1.6k +1,582
78 AdvisorNet Financial, Inc 0.00% of their portfolio MINNETONKA, MN 1,9471.9k $29.5k $29.5k 0.00% Added +885 +885
79 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.00% of their portfolio BLUE BELL, PA 1,7951.8k $27.2k $27.2k 0.00% Reduced -4.2k -4,200
80 BROWN BROTHERS HARRIMAN & CO 0.00% of their portfolio NEW YORK, NY 1,0001.0k $15.1k $15.1k 0.00% New
81 Founders Capital Management 0.01% of their portfolio HOUSTON, TX 900900 $13.6k $13.6k 0.01% Unchanged
82 GABLES CAPITAL MANAGEMENT INC. 0.01% of their portfolio MIAMI, FL 876876 $13.3k $13.3k 0.01% Unchanged
83 WPG Advisers, LLC 0.01% of their portfolio BALTIMORE, MD 867867 $13.1k $13.1k 0.01% Reduced -779 -779
84 ATTICUS WEALTH MANAGEMENT, LLC 0.00% of their portfolio Palm Beach Gardens, FL 780780 $11.8k $11.8k 0.00% Unchanged
85 ROGCO, LP 0.00% of their portfolio CLAREMORE, OK 748748 $11.3k $11.3k 0.00% Unchanged
86 NFSG Corp 0.00% of their portfolio BOCA RATON, FL 642642 $9.7k $9.7k 0.00% New
87 Thomas J. Herzfeld Advisors, Inc. 0.00% of their portfolio MIAMI BEACH, FL 425425 $6.4k $6.4k 0.00% Reduced -5 -5
88 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 420420 $6.4k $6.4k 0.00% First filing
89 Reyes Financial Architecture, Inc. 0.00% of their portfolio SAN DIEGO, CA 337337 $5.1k $5.1k 0.00% New
90 McIlrath & Eck, LLC 0.00% of their portfolio ARLINGTON, WA 280280 $4.2k $4.2k 0.00% Unchanged
91 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 2424 $357 $357 0.00% Added +8 +8
92 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged