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BlackRock Capital Allocation Term Trust

BCAT
Exchange
NYSE
SEC CIK
0001809541

In the last 90 days, BlackRock Capital Allocation Term Trust insiders filed 0 open-market purchases and 1 sale; 110 institutions reported holding it in 13F filings for Q2 2026, worth $304.6M in total; no superinvestor holds it.

Other share classesBCAT.RW

13F holders, Q2 2025

Institutional positions in BlackRock Capital Allocation Term Trust as of Jun 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
91
0 vs. Q1 2025
Shares held
25.3M
−4.28M (−14.5%) vs. Q1 2025
Total value
$383.1M
−$42.0M (−9.9%) vs. Q1 2025
New holders
15
33 more added
Sold out
15
24 more reduced

1 institution that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting BCAT on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ2 2025: 91 institutions
Q1 2021: 27 institutionsQ2 2021: 34 institutionsQ3 2021: 38 institutionsQ4 2021: 64 institutionsQ1 2022: 61 institutionsQ2 2022: 69 institutionsQ3 2022: 76 institutionsQ4 2022: 85 institutionsQ1 2023: 72 institutionsQ2 2023: 72 institutionsQ3 2023: 80 institutionsQ4 2023: 86 institutionsQ1 2024: 91 institutionsQ2 2024: 86 institutionsQ3 2024: 80 institutionsQ4 2024: 89 institutionsQ1 2025: 92 institutionsQ2 2025: 91 institutionsQ3 2025: 94 institutionsQ4 2025: 106 institutionsQ1 2026: 100 institutionsQ2 2026: 110 institutions
Value heldQ2 2025: $383.1M
Q1 2021: $163.0MQ2 2021: $199.9MQ3 2021: $237.4MQ4 2021: $410.9MQ1 2022: $368.4MQ2 2022: $377.7MQ3 2022: $382.8MQ4 2022: $452.9MQ1 2023: $503.8MQ2 2023: $530.4MQ3 2023: $511.9MQ4 2023: $566.2MQ1 2024: $679.3MQ2 2024: $659.2MQ3 2024: $585.8MQ4 2024: $504.4MQ1 2025: $425.2MQ2 2025: $383.1MQ3 2025: $290.6MQ4 2025: $300.8MQ1 2026: $274.8MQ2 2026: $304.6M
Institutions holding BCAT and their total value by quarter
QuarterHoldersValue
Q2 2026110$304.6M
Q1 2026100$274.8M
Q4 2025106$300.8M
Q3 202594$290.6M
Q2 202591$383.1M
Q1 202592$425.2M
Q4 202489$504.4M
Q3 202480$585.8M
Q2 202486$659.2M
Q1 202491$679.3M
Q4 202386$566.2M
Q3 202380$511.9M
Q2 202372$530.4M
Q1 202372$503.8M
Q4 202285$452.9M
Q3 202276$382.8M
Q2 202269$377.7M
Q1 202261$368.4M
Q4 202164$410.9M
Q3 202138$237.4M
Q2 202134$199.9M
Q1 202127$163.0M

Institutions, Q2 2025

Shares, value and share of portfolio for each institution holding BlackRock Capital Allocation Term Trust; share changes are against Q1 2025.

Institutions holding BCAT in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Saba Capital Management, L.P.7,802,473$118.1M3.22%−4,007,058−33.9%Reduced
Morgan Stanley3,811,934$57.7M0.00%−368,877−8.8%Reduced
Cohen & Steers, Inc.1,510,751$22.9M0.04%+160,000+11.8%Added
Wells Fargo & Company1,494,934$22.6M0.00%+957,651+178.2%Added
Bank of America Corp1,424,014$21.6M0.00%+116,151+8.9%Added
UBS Group AG1,337,468$20.2M0.00%−45,690−3.3%Reduced
Invesco Ltd.1,269,989$19.2M0.00%−21,077−1.6%Reduced
Penserra Capital Management LLC1,171,108$17.7M0.25%+34,597+3.0%Added
Stifel Financial Corp543,309$8.23M0.01%−49,433−8.3%Reduced
Royal Bank of Canada516,682$7.82M0.00%+88,097+20.6%Added
Rockefeller Capital Management L.P.489,888$7.42M0.02%+7,890+1.6%Added
Raymond James Financial Inc373,788$5.66M0.00%+91,285+32.3%Added
Keebeck Wealth Management, LLC363,870$5.51M0.72%00.0%Unchanged
Rivernorth Capital Management, LLC297,927$4.51M0.25%−1,095,398−78.6%Reduced
Advisors Asset Management, Inc.293,419$4.44M0.08%+55,167+23.2%Added
LPL Financial LLC268,418$4.06M0.00%+78,762+41.5%Added
Cambridge Investment Research Advisors, Inc.184,590$2.79M0.01%+20,198+12.3%Added
Advisor Group Holdings, Inc.119,857$1.81M0.00%+10,041+9.1%Added
Ameriprise Financial Inc114,181$1.73M0.00%+65,292+133.6%Added
Prevail Innovative Wealth Advisors, LLC109,562$1.66M0.37%−1,611−1.4%Reduced
Mathes Company, Inc.105,500$1.60M0.59%00.0%Unchanged
Jane Street Group, LLC98,304$1.49M0.00%+98,304New
First Trust Advisors LP98,136$1.49M0.00%+5,946+6.4%Added
Integrated Wealth Concepts LLC93,279$1.41M0.01%+59,279+174.4%Added
Fountainhead AM, LLC88,356$1.34M0.19%+31,823+56.3%Added
Clearstead Advisors, LLC84,423$1.28M0.02%+1,003+1.2%Added
Baird Financial Group, Inc.79,451$1.20M0.00%−1,628−2.0%Reduced
Thrivent Financial for Lutherans75,000$1.14M0.00%+14,000+23.0%Added
CWM, LLC70,479$1.07M0.00%+69,700+8,947.4%Added
Commonwealth Equity Services, LLC62,676$949.0K0.00%−135,481−68.4%Reduced
Oppenheimer & Co Inc59,386$899.1K0.01%−2,463−4.0%Reduced
Cetera Investment Advisers58,588$887.0K0.00%+11,948+25.6%Added
Perennial Investment Advisors, LLC53,656$812.3K0.08%+6,163+13.0%Added
Winebrenner Capital Management LLC45,000$681.3K0.55%00.0%Unchanged
Armis Advisers, LLC43,102$655.2K0.05%+17,657+69.4%Added
Cerity Partners LLC41,832$633.3K0.00%00.0%Unchanged
Joseph P. Lucia & Associates, LLC33,066$500.6K0.20%+8,972+37.2%Added
Amplius Wealth Advisors, LLC30,576$462.9K0.04%+1,571+5.4%Added
TD Capital Management LLC30,308$458.9K0.04%+30,308New
BlackRock, Inc.29,055$439.9K0.00%+5,801+24.9%Added
Quantinno Capital Management LP28,268$428.0K0.00%+28,268New
CI Private Wealth, LLC28,059$424.8K0.00%+13,160+88.3%Added
Kingswood Wealth Advisors, LLC26,401$399.7K0.03%−3,345−11.2%Reduced
Truist Financial Corp23,632$357.8K0.00%−6,984−22.8%Reduced
CoreCap Advisors, LLC23,000$348.2K0.01%+8,000+53.3%Added
Calton & Associates, Inc.20,039$303.4K0.05%+425+2.2%Added
Camelot Portfolios, LLC19,500$295.2K0.18%00.0%Unchanged
Captrust Financial Advisors18,853$285.4K0.00%−847−4.3%Reduced
Consolidated Portfolio Review Corp18,470$279.6K0.04%−10,298−35.8%Reduced
Kovitz Investment Group Partners, LLC18,192$275.4K0.00%+18,192New
Eagle Rock Investment Company, LLC17,902$271.0K0.04%00.0%Unchanged
Patriot Financial Group Insurance Agency, LLC16,650$252.1K0.03%00.0%Unchanged
Walkner Condon Financial Advisors LLC16,213$245.5K0.05%00.0%Unchanged
Wiley Bros.-Aintree Capital, LLC15,886$240.5K0.00%−344−2.1%Reduced
Boreal Capital Management LLC15,695$237.6K0.20%+15,695New
Principal Street Partners, LLC15,660$237.1K0.02%+15,660New
GWM Advisors LLC15,376$232.8K0.00%+15,376New
Insigneo Advisory Services, LLC15,369$232.7K0.02%−250−1.6%Reduced
D. E. Shaw & Co., Inc.14,146$214.2K0.00%00.0%Unchanged
HighTower Advisors, LLC12,830$194.2K0.00%+431+3.5%Added
Wedbush Securities Inc12,536$190.0K0.01%−172−1.4%Reduced
Cary Street Partners Financial LLC12,299$186.2K0.01%00.0%Unchanged
Advisory Services Network, LLC11,412$170.0K0.00%+11,412New
Hilltop Holdings Inc.11,100$168.1K0.01%+11,100New
SeaCrest Wealth Management, LLC10,961$165.9K0.02%+10,961New
Comerica Bank10,914$165.2K0.00%+109+1.0%Added
Private Advisor Group, LLC10,602$160.5K0.00%00.0%Unchanged
Janney Montgomery Scott LLC10,150$154.0K0.00%−5,000−33.0%Reduced
Journey Strategic Wealth LLC10,000$151.4K0.00%−1,000−9.1%Reduced
TCG Advisory Services, LLC10,000$151.4K0.01%−454−4.3%Reduced
Steward Partners Investment Advisory, LLC6,733$101.9K0.00%−3,086−31.4%Reduced
Assetmark, Inc5,286$80.0K0.00%00.0%Unchanged
Anfield Capital Management, LLC3,674$55.6K0.02%00.0%Unchanged
Private Trust Co NA3,500$53.0K0.01%00.0%Unchanged
NBC Securities, Inc.3,093$46.0K0.00%+59+1.9%Added
Red Tortoise LLC2,200$33.3K0.02%+2,200New
Geneos Wealth Management Inc.2,045$31.0K0.00%+1,582+341.7%Added
AdvisorNet Financial, Inc1,947$29.5K0.00%+885+83.3%Added
Blue Bell Private Wealth Management, LLC1,795$27.2K0.00%−4,200−70.1%Reduced
Brown Brothers Harriman & Co1,000$15.1K0.00%+1,000New
Founders Capital Management900$13.6K0.01%00.0%Unchanged
Gables Capital Management Inc.876$13.3K0.01%00.0%Unchanged
WPG Advisers, LLC867$13.1K0.01%−779−47.3%Reduced
Atticus Wealth Management, LLC780$11.8K0.00%00.0%Unchanged
Rogco, LP748$11.3K0.00%00.0%Unchanged
Newbridge Financial Services Group, Inc.642$9.72K0.00%+642New
Thomas J. Herzfeld Advisors, Inc.425$6.43K0.00%−5−1.2%Reduced
Global Retirement Partners, LLC420$6.36K0.00%+420New
Reyes Financial Architecture, Inc.337$5.10K0.00%+337New
McIlrath & Eck, LLC280$4.24K0.00%00.0%Unchanged
Allworth Financial LP24$3570.00%+8+50.0%Added
Pathstone Holdings, LLC0$00.00%−143,719−100.0%Sold out
Wolverine Asset Management LLC0$00.00%−114,083−100.0%Sold out
Advisor Resource Council0$00.00%−102,944−100.0%Sold out
Readystate Asset Management LP0$00.00%−47,532−100.0%Sold out
Ieq Capital, LLC0$00.00%−45,308−100.0%Sold out
Transcend Wealth Collective, LLC0$00.00%−44,608−100.0%Sold out
Elequin Capital LP0$00.00%−34,464−100.0%Sold out
Shaker Financial Services, LLC0$00.00%−30,216−100.0%Sold out
Walleye Capital LLC0$00.00%−29,257−100.0%Sold out