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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, Q3 2025

Institutional positions in BlackRock Capital Allocation Term Trust as of Sep 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
94
+3 vs. Q2 2025
Shares held
19.6M
−5.66M (−22.4%) vs. Q2 2025
Total value
$290.6M
−$92.5M (−24.2%) vs. Q2 2025
New holders
14
41 more added
Sold out
11
18 more reduced

Compare with Q2 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 holdersQ3 2025: 94 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 heldQ3 2025: $290.6M
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, Q3 2025

Shares, value and share of portfolio for each institution holding BlackRock Capital Allocation Term Trust; share changes are against Q2 2025.

Institutions holding BCAT in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Morgan Stanley4,484,715$66.3M0.00%+672,781+17.6%Added
Wells Fargo & Company2,117,208$31.3M0.01%+622,274+41.6%Added
Cohen & Steers, Inc.1,622,657$24.0M0.04%+111,906+7.4%Added
Bank of America Corp1,392,986$20.6M0.00%−31,028−2.2%Reduced
Invesco Ltd.1,324,286$19.6M0.00%+54,297+4.3%Added
Penserra Capital Management LLC1,303,212$19.3M0.23%+132,104+11.3%Added
UBS Group AG1,138,678$16.8M0.00%−198,790−14.9%Reduced
Saba Capital Management, L.P.1,078,049$15.9M0.53%−6,724,424−86.2%Reduced
Stifel Financial Corp514,945$7.62M0.01%−28,364−5.2%Reduced
Raymond James Financial Inc467,447$6.91M0.00%+93,659+25.1%Added
Rockefeller Capital Management L.P.462,840$6.85M0.01%−27,048−5.5%Reduced
LPL Financial LLC370,371$5.48M0.00%+101,953+38.0%Added
Keebeck Wealth Management, LLC363,870$5.38M0.64%00.0%Unchanged
Advisors Asset Management, Inc.339,332$5.02M0.09%+45,913+15.6%Added
Royal Bank of Canada228,544$3.38M0.00%−288,138−55.8%Reduced
Cambridge Investment Research Advisors, Inc.209,557$3.10M0.01%+24,967+13.5%Added
Fountainhead AM, LLC142,143$2.10M0.28%+53,787+60.9%Added
First Trust Advisors LP120,755$1.79M0.00%+22,619+23.0%Added
Ameriprise Financial Inc116,406$1.72M0.00%+2,225+1.9%Added
Mathes Company, Inc.105,500$1.56M0.56%00.0%Unchanged
Integrated Wealth Concepts LLC97,941$1.45M0.01%+4,662+5.0%Added
Advisor Group Holdings, Inc.94,856$1.41M0.00%−25,001−20.9%Reduced
Clearstead Advisors, LLC84,423$1.25M0.02%00.0%Unchanged
Baird Financial Group, Inc.76,720$1.13M0.00%−2,731−3.4%Reduced
Thrivent Financial for Lutherans75,000$1.11M0.00%00.0%Unchanged
Commonwealth Equity Services, LLC73,877$1.09M0.00%+11,201+17.9%Added
Janney Montgomery Scott LLC72,230$1.07M0.00%+62,080+611.6%Added
CWM, LLC70,296$1.04M0.00%−183−0.3%Reduced
Cetera Investment Advisers67,613$1.00M0.00%+9,025+15.4%Added
Perennial Investment Advisors, LLC54,867$811.5K0.07%+1,211+2.3%Added
PFG Investments, LLC50,728$750.3K0.04%+50,728New
Oppenheimer & Co Inc47,043$695.8K0.01%−12,343−20.8%Reduced
Winebrenner Capital Management LLC46,000$680.3K0.49%+1,000+2.2%Added
Cerity Partners LLC41,832$618.7K0.00%00.0%Unchanged
Armis Advisers, LLC41,532$610.9K0.06%−1,570−3.6%Reduced
Mount Yale Investment Advisors, LLC41,000$606.4K0.04%+41,000New
Joseph P. Lucia & Associates, LLC34,579$511.4K0.19%+1,513+4.6%Added
Amplius Wealth Advisors, LLC32,177$475.9K0.04%+1,601+5.2%Added
Quantinno Capital Management LP32,023$473.6K0.00%+3,755+13.3%Added
TD Capital Management LLC32,007$473.4K0.04%+1,699+5.6%Added
CI Private Wealth, LLC28,059$415.0K0.00%00.0%Unchanged
CoreCap Advisors, LLC26,646$394.1K0.01%+3,646+15.9%Added
Captrust Financial Advisors25,361$375.1K0.00%+6,508+34.5%Added
OneAscent Family Office, LLC25,000$369.8K0.30%+25,000New
Kingswood Wealth Advisors, LLC23,084$341.4K0.02%−3,317−12.6%Reduced
Truist Financial Corp21,625$319.8K0.00%−2,007−8.5%Reduced
Camelot Portfolios, LLC19,500$288.4K0.17%00.0%Unchanged
Calton & Associates, Inc.18,363$271.6K0.04%−1,676−8.4%Reduced
SeaCrest Wealth Management, LLC17,990$268.2K0.03%+7,029+64.1%Added
Eagle Rock Investment Company, LLC17,902$264.8K0.04%00.0%Unchanged
Insigneo Advisory Services, LLC17,369$256.9K0.02%+2,000+13.0%Added
Prosperity Consulting Group, LLC16,906$250.0K0.01%+16,906New
Patriot Financial Group Insurance Agency, LLC16,650$246.2K0.03%00.0%Unchanged
Wedbush Securities Inc16,236$240.0K0.01%+3,700+29.5%Added
Walkner Condon Financial Advisors LLC16,213$239.8K0.04%00.0%Unchanged
Wiley Bros.-Aintree Capital, LLC16,119$238.4K0.00%+233+1.5%Added
GWM Advisors LLC16,100$238.1K0.00%+724+4.7%Added
HighTower Advisors, LLC15,698$232.2K0.00%+2,868+22.4%Added
Boreal Capital Management LLC15,695$232.1K0.19%00.0%Unchanged
Shaker Financial Services, LLC15,500$229.2K0.08%+15,500New
Lido Advisors, LLC13,446$198.9K0.00%+13,446New
Consolidated Portfolio Review Corp12,690$187.7K0.02%−5,780−31.3%Reduced
Cary Street Partners Financial LLC12,299$181.9K0.00%00.0%Unchanged
RSM US Wealth Management LLC12,132$179.4K0.00%+12,132New
Advisory Services Network, LLC11,638$172.1K0.00%+226+2.0%Added
Mariner, LLC11,353$167.9K0.00%+11,353New
Creative Planning11,183$165.4K0.00%+11,183New
Private Advisor Group, LLC11,086$164.0K0.00%+484+4.6%Added
Comerica Bank11,005$162.8K0.00%+91+0.8%Added
National Asset Management, Inc.10,199$150.8K0.01%+10,199New
TCG Advisory Services, LLC10,000$147.9K0.01%00.0%Unchanged
Journey Strategic Wealth LLC10,000$147.9K0.00%00.0%Unchanged
BlackRock, Inc.9,048$133.8K0.00%−20,007−68.9%Reduced
Steward Partners Investment Advisory, LLC7,621$112.7K0.00%+888+13.2%Added
Brown Brothers Harriman & Co5,500$81.3K0.00%+4,500+450.0%Added
Assetmark, Inc5,286$78.2K0.00%00.0%Unchanged
Anfield Capital Management, LLC3,674$54.3K0.02%00.0%Unchanged
Private Trust Co NA3,500$51.8K0.00%00.0%Unchanged
Parallel Advisors, LLC3,200$47.3K0.00%+3,200New
McIlrath & Eck, LLC2,999$44.4K0.00%+2,719+971.1%Added
AdvisorNet Financial, Inc2,995$44.3K0.00%+1,048+53.8%Added
Keener Financial Planning LLC2,000$29.0K0.01%+2,000New
WPG Advisers, LLC1,329$19.7K0.02%+462+53.3%Added
N.E.W. Advisory Services LLC1,200$17.7K0.00%+1,200New
NBC Securities, Inc.1,122$16.6K0.00%−1,971−63.7%Reduced
Blue Bell Private Wealth Management, LLC995$14.7K0.00%−800−44.6%Reduced
Founders Capital Management900$13.3K0.01%00.0%Unchanged
Gables Capital Management Inc.876$13.0K0.01%00.0%Unchanged
Rogco, LP748$11.1K0.00%00.0%Unchanged
Highline Wealth Partners LLC500$7.39K0.00%+500New
Global Retirement Partners, LLC444$6.56K0.00%+24+5.7%Added
Thomas J. Herzfeld Advisors, Inc.435$6.43K0.00%+10+2.4%Added
Reyes Financial Architecture, Inc.337$4.98K0.00%00.0%Unchanged
Allworth Financial LP25$3680.00%+1+4.2%Added
Rivernorth Capital Management, LLC0$00.00%−297,927−100.0%Sold out
Prevail Innovative Wealth Advisors, LLC0$00.00%−109,562−100.0%Sold out
Jane Street Group, LLC0$00.00%−98,304−100.0%Sold out
Kovitz Investment Group Partners, LLC0$00.00%−18,192−100.0%Sold out
Principal Street Partners, LLC0$00.00%−15,660−100.0%Sold out
D. E. Shaw & Co., Inc.0$00.00%−14,146−100.0%Sold out