BlackRock Capital Allocation Term Trust (BCAT) — Institutional Holders, Q2 2026
110 institutional investment managers reported a BCAT position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $305.4M. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.
BCAT in Q2 2026: what funds did
Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.
Biggest buyers
- AMERIPRISE FINANCIALAdded · +460,346 sh+$7.3M
- ROYAL BANK OF CANADAAdded · +110,407 sh+$1.8M
- Janney Montgomery ScottNew · +80,205 sh+$1.3M
- BANK OF AMERICAAdded · +74,997 sh+$1.2M
- UBS Group AGAdded · +72,704 sh+$1.2M
Biggest sellers
- MORGAN STANLEYTrimmed · -756,684 sh-$12.1M
- Invesco Ltd.Trimmed · -217,468 sh-$3.5M
- STIFEL FINANCIALTrimmed · -99,686 sh-$1.6M
- WELLS FARGO & COMPANYTrimmed · -83,858 sh-$1.3M
- COHEN & STEERSTrimmed · -75,000 sh-$1.2M
BCAT 13F holders ranked 1–100 of 110
| # | Institution | Shares | Value | % of portfolio | QoQShares vs Q1 2026 |
|---|---|---|---|---|---|
| 1 | MORGAN STANLEY#1 · 3,603,068 sh | 3,603,068 | $57.4M | <0.01% | -17.4% |
| 2 | WELLS FARGO & COMPANY#2 · 2,433,927 sh | 2,433,927 | $38.8M | <0.01% | -3.3% |
| 3 | Penserra Capital Management#3 · 1,613,297 sh | 1,613,297 | $25.7M | 0.20% | +4.0% |
| 4 | COHEN & STEERS#4 · 1,572,657 sh | 1,572,657 | $25.1M | 0.04% | -4.6% |
| 5 | BANK OF AMERICA#5 · 1,551,775 sh | 1,551,775 | $24.7M | <0.01% | +5.1% |
| 6 | UBS Group AG#6 · 1,051,479 sh | 1,051,479 | $16.8M | <0.01% | +7.4% |
| 7 | Invesco Ltd.#7 · 699,927 sh | 699,927 | $11.1M | <0.01% | -23.7% |
| 8 | ROYAL BANK OF CANADA#8 · 680,442 sh | 680,442 | $10.8M | <0.01% | +19.4% |
| 9 | AMERIPRISE FINANCIAL#9 · 580,806 sh | 580,806 | $9.3M | <0.01% | +382.2% |
| 10 | LPL Financial#10 · 464,975 sh | 464,975 | $7.4M | <0.01% | -1.5% |
| 11 | Rockefeller Capital Management L.P.#11 · 442,872 sh | 442,872 | $7.1M | 0.01% | +5.9% |
| 12 | STIFEL FINANCIAL#12 · 401,718 sh | 401,718 | $6.4M | <0.01% | -19.9% |
| 13 | Advisors Asset Management#13 · 384,286 sh | 384,286 | $6.1M | 0.09% | +6.4% |
| 14 | RAYMOND JAMES FINANCIAL#14 · 356,329 sh | 356,329 | $5.7M | <0.01% | +5.3% |
| 15 | Keebeck Wealth Management#15 · 351,976 sh | 351,976 | $5.6M | 0.55% | 0.0% |
| 16 | Cambridge Investment Research Advisors#16 · 234,106 sh | 234,106 | $3.7M | <0.01% | +2.0% |
| 17 | Lido Advisors#17 · 189,561 sh | 189,561 | $3.0M | <0.01% | +1.7% |
| 18 | JANE STREET GROUP#18 · 124,513 sh | 124,513 | $2.0M | <0.01% | +53.5% |
| 19 | Integrated Wealth Concepts#19 · 124,489 sh | 124,489 | $2.0M | <0.01% | +27.8% |
| 20 | Perennial Investment Advisors#20 · 114,613 sh | 114,613 | $1.8M | 0.12% | +21.1% |
| 21 | OSAIC#21 · 104,070 sh | 104,070 | $1.7M | <0.01% | +13.6% |
| 22 | PFG Investments#22 · 101,590 sh | 101,590 | $1.6M | 0.06% | +4.1% |
| 23 | Baird Financial Group#23 · 90,490 sh | 90,490 | $1.4M | <0.01% | +2.0% |
| 24 | Aviance Capital Partners#24 · 88,409 sh | 88,409 | $1.4M | 0.15% | +325.8% |
| 25 | THRIVENT FINANCIAL FOR LUTHERANS#25 · 86,649 sh | 86,649 | $1.4M | <0.01% | 0.0% |
| 26 | Clearstead Advisors#26 · 83,423 sh | 83,423 | $1.3M | 0.01% | 0.0% |
| 27 | Cetera Investment Advisers#27 · 81,181 sh | 81,181 | $1.3M | <0.01% | +11.9% |
| 28 | COMMONWEALTH EQUITY SERVICES#28 · 80,879 sh | 80,879 | $1.3M | <0.01% | +17.0% |
| 29 | Janney Montgomery Scott#29 · 80,205 sh | 80,205 | $1.3M | <0.01% | New |
| 30 | Formidable Asset Management#30 · 80,117 sh | 80,117 | $1.1M | 0.18% | +21.5% |
| 31 | FIRST ADVISORS#31 · 61,199 sh | 61,199 | $974.9K | <0.01% | -41.4% |
| 32 | WINEBRENNER CAPITAL MANAGEMENT#32 · 57,000 sh | 57,000 | $908.0K | — | +39.0% |
| 33 | Bramshill Investments#33 · 51,268 sh | 51,268 | $816.7K | 0.06% | +1.2% |
| 34 | EVOLVE PRIVATE WEALTH#34 · 51,089 sh | 51,089 | $813.8K | 0.05% | -48.4% |
| 35 | WILEY BROS.-AINTREE CAPITAL#35 · 49,364 sh | 49,364 | $786.4K | <0.01% | +3.0% |
| 36 | CoreCap Advisors#36 · 48,146 sh | 48,146 | $767.0K | — | +80.6% |
| 37 | Mathes Company#37 · 46,000 sh | 46,000 | $733.0K | 0.23% | -32.6% |
| 38 | Triumph Capital Management#38 · 43,443 sh | 43,443 | $692.0K | — | New |
| 39 | Summit Financial#39 · 42,396 sh | 42,396 | $675.4K | <0.01% | New |
| 40 | TD Capital Management#40 · 37,467 sh | 37,467 | $596.9K | 0.05% | +5.1% |
| 41 | Vestmark Advisory Solutions#41 · 35,850 sh | 35,850 | $571.1K | <0.01% | -6.0% |
| 42 | Mount Yale Investment Advisors#42 · 35,850 sh | 35,850 | $571.1K | 0.01% | -6.0% |
| 43 | Amplius Wealth Advisors#43 · 35,290 sh | 35,290 | $562.2K | — | -0.9% |
| 44 | Corient Private Wealth#44 · 34,651 sh | 34,651 | $552.0K | <0.01% | +23.5% |
| 45 | Joseph P. Lucia & Associates#45 · 33,547 sh | 33,547 | $534.4K | 0.16% | +0.8% |
| 46 | Bison Wealth#46 · 33,077 sh | 33,077 | $528.9K | — | +1.5% |
| 47 | OneAscent Family Office#47 · 31,259 sh | 31,259 | $498.0K | 0.25% | New |
| 48 | HighTower Advisors#48 · 29,218 sh | 29,218 | $465.4K | <0.01% | +72.7% |
| 49 | KINGSWOOD WEALTH ADVISORS#49 · 28,536 sh | 28,536 | $454.6K | — | +14.1% |
| 50 | Quantinno Capital Management#50 · 27,000 sh | 27,000 | $430.1K | <0.01% | -34.5% |
| 51 | ENVESTNET ASSET MANAGEMENT#51 · 26,329 sh | 26,329 | $419.4K | <0.01% | +142.8% |
| 52 | CAPTRUST FINANCIAL ADVISORS#52 · 24,505 sh | 24,505 | $390.4K | <0.01% | 0.0% |
| 53 | Prosperity Consulting Group#53 · 24,141 sh | 24,141 | $384.6K | 0.01% | 0.0% |
| 54 | NorthRock Partners#54 · 20,236 sh | 20,236 | $322.4K | <0.01% | -4.9% |
| 55 | NewEdge Advisors#55 · 19,830 sh | 19,830 | $315.9K | <0.01% | +12.4% |
| 56 | TRUIST FINANCIAL#56 · 19,761 sh | 19,761 | $314.8K | <0.01% | New |
| 57 | OPPENHEIMER#57 · 19,554 sh | 19,554 | $311.5K | — | -2.1% |
| 58 | CITADEL ADVISORS#58 · 19,405 sh | 19,405 | $309.1K | 0.00% | -78.5% |
| 59 | SeaCrest Wealth Management#59 · 18,099 sh | 18,099 | $288.3K | — | +16.9% |
| 60 | WEDBUSH SECURITIES#60 · 18,075 sh | 18,075 | $288.0K | — | +1.4% |
| 61 | EAGLE ROCK INVESTMENT COMPANY#61 · 17,902 sh | 17,902 | $285.2K | — | 0.0% |
| 62 | Patriot Financial Group Insurance Agency#62 · 16,650 sh | 16,650 | $265.2K | — | -50.0% |
| 63 | TWO SIGMA SECURITIES#63 · 15,194 sh | 15,194 | $242.0K | 0.02% | New |
| 64 | INSIGNEO ADVISORY SERVICES#64 · 14,415 sh | 14,415 | $229.6K | <0.01% | 0.0% |
| 65 | Advisory Solutions Group#65 · 13,371 sh | 13,371 | $213.0K | — | — |
| 66 | Confluence Wealth Services#66 · 13,371 sh | 13,371 | $213.0K | <0.01% | New |
| 67 | Sovran Advisors#67 · 13,285 sh | 13,285 | $205.1K | 0.02% | 0.0% |
| 68 | StoneX Group#68 · 12,700 sh | 12,700 | $202.3K | <0.01% | New |
| 69 | FIRETHORN WEALTH PARTNERS#69 · 12,558 sh | 12,558 | $200.0K | — | New |
| 70 | MILLENNIUM MANAGEMENT#70 · 12,241 sh | 12,241 | $195.0K | <0.01% | -36.2% |
| 71 | Private Advisor Group#71 · 12,206 sh | 12,206 | $194.4K | <0.01% | +14.0% |
| 72 | XTX Topco Ltd#72 · 12,009 sh | 12,009 | $191.3K | <0.01% | New |
| 73 | Creative Planning#73 · 11,692 sh | 11,692 | $186.3K | <0.01% | -21.0% |
| 74 | CALTON & ASSOCIATES#74 · 11,442 sh | 11,442 | $182.3K | 0.03% | +3.4% |
| 75 | Mariner#75 · 10,464 sh | 10,464 | $166.7K | <0.01% | New |
| 76 | Closed-End Fund Advisors#76 · 10,402 sh | 10,402 | $165.7K | 0.16% | -46.0% |
| 77 | Virtu Financial#77 · 10,328 sh | 10,328 | $165.0K | <0.01% | New |
| 78 | BlackRock#78 · 9,561 sh | 9,561 | $152.3K | 0.00% | 0.0% |
| 79 | FIFTH THIRD BANCORP#79 · 9,528 sh | 9,528 | $151.8K | <0.01% | -1.8% |
| 80 | Clear Street Group#80 · 9,506 sh | 9,506 | $151.4K | <0.01% | New |
| 81 | Steward Partners Investment Advisory#81 · 9,081 sh | 9,081 | $144.7K | <0.01% | +34.1% |
| 82 | Global Retirement Partners#82 · 7,236 sh | 7,236 | $115.3K | <0.01% | — |
| 83 | BROWN BROTHERS HARRIMAN#83 · 5,500 sh | 5,500 | $87.6K | <0.01% | 0.0% |
| 84 | ASSETMARK#84 · 5,366 sh | 5,366 | $85.5K | — | 0.0% |
| 85 | BOKF, NA#85 · 5,000 sh | 5,000 | $79.7K | <0.01% | New |
| 86 | PRIVATE NA#86 · 3,500 sh | 3,500 | $55.8K | — | 0.0% |
| 87 | AdvisorNet Financial#87 · 2,605 sh | 2,605 | $41.5K | — | 0.0% |
| 88 | Pinnacle Wealth Planning Services#88 · 2,307 sh | 2,307 | $36.8K | <0.01% | -30.8% |
| 89 | NBC SECURITIES#89 · 1,912 sh | 1,912 | $30.5K | — | +3.4% |
| 90 | N.E.W. Advisory Services#90 · 1,324 sh | 1,324 | $21.1K | <0.01% | 0.0% |
| 91 | IFP Advisors#91 · 1,300 sh | 1,300 | $20.7K | — | New |
| 92 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT#92 · 1,296 sh | 1,296 | $20.6K | 0.00% | +418.4% |
| 93 | CULLEN/FROST BANKERS#93 · 1,250 sh | 1,250 | $19.9K | <0.01% | 0.0% |
| 94 | WPG Advisers#94 · 1,034 sh | 1,034 | $16.5K | <0.01% | -31.2% |
| 95 | Founders Capital Management#95 · 900 sh | 900 | $14.3K | — | 0.0% |
| 96 | GABLES CAPITAL MANAGEMENT#96 · 876 sh | 876 | $14.0K | <0.01% | 0.0% |
| 97 | JPMORGAN CHASE#97 · 825 sh | 825 | $13.3K | 0.00% | New |
| 98 | Wilmington Savings Fund Society, FSB#98 · 700 sh | 700 | $11.2K | — | 0.0% |
| 99 | Osbon Capital Management#99 · 669 sh | 669 | $10.7K | <0.01% | New |
| 100 | North Star Investment Management#100 · 500 sh | 500 | $8.0K | <0.01% | New |
Funds that sold out of BCAT in Q2 2026 (11)
Held BCAT at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.
| Institution | Shares sold | Value in Q1 2026 |
|---|---|---|
| O'SHAUGHNESSY ASSET MANAGEMENT48,844 sh | 48,844 | $690.2K |
| Sanctuary Advisors21,229 sh | 21,229 | $300.0K |
| Camelot Portfolios19,500 sh | 19,500 | $275.5K |
| HRT FINANCIAL18,166 sh | 18,166 | $256.0K |
| Walkner Condon Financial Advisors17,613 sh | 17,613 | $248.9K |
| GOLDMAN SACHS GROUP12,800 sh | 12,800 | $180.9K |
| CHOREO11,810 sh | 11,810 | $166.9K |
| Advisory Services Network9,012 sh | 9,012 | $127.3K |
| Tower Research Capital (TRC)2,076 sh | 2,076 | $29.3K |
| Root Financial Partners771 sh | 771 | $10.9K |
| JONES FINANCIAL COMPANIES LLLP10 sh | 10 | $140.00 |
Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.