BlackRock Resources & Commodities Strategy Trust

BCX • NYSE

BlackRock Resources & Commodities Strategy Trust is a publicly traded company on NYSE. As of Q3 2025, 107 institutional investors hold shares in this company, with total holdings valued at $214.1M. WELLS FARGO & COMPANY/MN is the largest holder with a position valued at $40.8M.

Websiteblackrock.com

Overview

Overview of institutional ownership in BCX as of Q3 2025

All Institutions

Institutions: 107
Value Held: $214.1M
Shares Held: 21.1M
Avg Position: $2.0M
Median Position: $203.4K

Hedge Funds

Hedge Funds: 5
Value Held: $22.8M
Shares Held: 2.2M
Avg Position: $4.6M
Median Position: $1.5M

Biggest Investors

Institutions with the largest positions in BCX as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
WELLS FARGO & COMPANY/MN Institution	Charles W. Scharf CEO	$40.8M 0.01% of portfolio	0.00% 4.0M shares	Q4 2022 Held for 2y 11m	$488.50B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$32.5M 0.00% of portfolio	0.00% 3.2M shares	Q4 2022 Held for 2y 11m	$1.65T
LAZARD ASSET MANAGEMENT LLC Long Only Manager	Evan Lawrence Russo CEO	$25.2M 0.03% of portfolio	0.00% 2.5M shares	Q3 2025 Held for 2 months	$74.1B
S Saba Capital Management, L.P. Hedge Fund•Multi-Strategy	Boaz Ronald Weinstein Founder	$12.8M 0.43% of portfolio	0.00% 1.3M shares	Q4 2022 Held for 2y 11m	$3.0B
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$11.2M 0.00% of portfolio	0.00% 1.1M shares	Q1 2023 Held for 2y 8m	$633.08B
180 WEALTH ADVISORS, LLC RIA/Wealth	Darren Norman Henke Managing Partner	$8.9M 1.09% of portfolio	0.00% 875.0K shares	Q4 2022 Held for 2y 11m	$819.4M
RIVERNORTH CAPITAL MANAGEMENT, LLC Hedge Fund•Multi-Strategy	Patrick William Galley CEO	$8.1M 0.49% of portfolio	0.00% 795.8K shares	Q1 2024 Held for 1y 8m	$1.7B
Allspring Global Investments Holdings, LLC Long Only Manager	Francis Jon Baranko President	$7.7M 0.01% of portfolio	0.00% 760.5K shares	Q4 2022 Held for 2y 11m	$61.5B
RAYMOND JAMES FINANCIAL INC RIA/Wealth	Steven Robert Marcus CEO	$7.2M 0.00% of portfolio	0.00% 708.1K shares	Q4 2024 Held for 11 months	$310.43B
L LPL Financial LLC Institution	-	$7.0M 0.00% of portfolio	0.00% 686.5K shares	Q4 2022 Held for 2y 11m	$340.07B

Net Capital Flow

Institutional buying and selling activity for BCX in Q3 2025

Traded: +$24.7M
Buyers: 64
Sellers: 29
Total Bought: +$37.7M
Total Sold: −$13.0M
Avg Position: $1.9M

Biggest Buyers

Institution	Net Bought	Current Position
LAZARD ASSET MANAGEMENT LLC Long Only Manager	+$25.2M +740.4K shares	$25.2M 2.5M shares
MORGAN STANLEY RIA/Wealth	+$4.1M +404.7K shares	$32.5M 3.2M shares
CITY OF LONDON INVESTMENT MANAGEMENT CO LTD Long Only Manager	+$1.4M +139.2K shares	$3.8M 371.9K shares
T TrueMark Investments, LLC Institution	+$1.3M +126.6K shares	$1.3M 126.6K shares
180 WEALTH ADVISORS, LLC RIA/Wealth	+$654.3K +64.3K shares	$8.9M 875.0K shares
WELLS FARGO & COMPANY/MN Institution	+$606.9K +59.7K shares	$40.8M 4.0M shares
L LPL Financial LLC Institution	+$432.8K +42.6K shares	$7.0M 686.5K shares
BANK OF AMERICA CORP /DE/ Institution	+$387.6K +38.1K shares	$6.3M 618.6K shares
CoreCap Advisors, LLC RIA/Wealth	+$324.4K +31.9K shares	$324.4K 31.9K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$266.5K +26.2K shares	$266.5K 26.2K shares

Biggest Sellers

Institution	Net Sold	Current Position
Allspring Global Investments Holdings, LLC Long Only Manager	−$4.9M −485.0K shares	$7.7M 760.5K shares
S Saba Capital Management, L.P. Hedge Fund•Multi-Strategy	−$4.2M −413.5K shares	$12.8M 1.3M shares
RIVERNORTH CAPITAL MANAGEMENT, LLC Hedge Fund•Multi-Strategy	−$1.2M −119.0K shares	$8.1M 795.8K shares
AMERIPRISE FINANCIAL INC Institution	−$675.2K −66.4K shares	$5.4M 531.3K shares
WOLVERINE ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$430.9K −45.6K shares	Sold Off 0 shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	−$394.3K −38.8K shares	$7.2M 708.1K shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$280.1K −29.6K shares	Sold Off 0 shares
E ELEQUIN CAPITAL LP Hedge Fund•Multi-Strategy	−$229.2K −24.3K shares	Sold Off 0 shares
Creative Planning RIA/Wealth	−$111.2K −10.9K shares	$1.1M 112.4K shares
Goss Wealth Management LLC RIA/Wealth	−$107.8K −10.6K shares	$620.2K 61.0K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited BCX in Q3 2025

New Positions: 14
New Value: $27.3M
Exited Positions: 7
Exited Value: $1.0M

New Positions

Institution	Position Value
LAZARD ASSET MANAGEMENT LLC Long Only Manager	$25.2M 2.5M shares
T TrueMark Investments, LLC Institution	$1.3M 126.6K shares
Leisure Capital Management RIA/Wealth	$203.4K 20.0K shares
San Luis Wealth Advisors LLC RIA/Wealth	$145.4K 14.3K shares
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC RIA/Wealth	$132.9K 12.9K shares
Merit Financial Group, LLC RIA/Wealth	$117.4K 11.5K shares
Octavia Wealth Advisors, LLC RIA/Wealth	$115.9K 11.4K shares
NBC SECURITIES, INC. RIA/Wealth	$47.9K 4.7K shares
Sontag Advisory, LLC RIA/Wealth	$36.0K 3.5K shares
Mountain Hill Investment Partners Corp. RIA/Wealth	$10.2K 1.0K shares

Exited Positions

Institution	Previous Position
WOLVERINE ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$430.9K 45.6K shares
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$280.1K 29.6K shares
E ELEQUIN CAPITAL LP Hedge Fund•Multi-Strategy	$229.2K 24.3K shares
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$95.6K 10.1K shares
W WealthTrak Capital Management LLC RIA/Wealth	$5.4K 567.0 shares
Penserra Capital Management LLC ETF Provider	- 582.6K shares
L Laurel Wealth Advisors LLC RIA/Wealth	- 265.0 shares

Options Activity

Institutions with the largest Call and Put options positions in BCX as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with BCX as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
180 WEALTH ADVISORS, LLC RIA/Wealth	Darren Norman Henke Managing Partner	1.09% $8.9M	0.00% 875.0K shares	Q4 2022 Held for 2y 11m	$819.4M
I Intellectus Partners, LLC RIA/Wealth	David Joseph Laplaca Managing Partner	0.72% $3.6M	0.00% 356.5K shares	Q4 2022 Held for 2y 11m	$502.6M
RIVERNORTH CAPITAL MANAGEMENT, LLC Hedge Fund•Multi-Strategy	Patrick William Galley CEO	0.49% $8.1M	0.00% 795.8K shares	Q1 2024 Held for 1y 8m	$1.7B
S Saba Capital Management, L.P. Hedge Fund•Multi-Strategy	Boaz Ronald Weinstein Founder	0.43% $12.8M	0.00% 1.3M shares	Q4 2022 Held for 2y 11m	$3.0B
44 WEALTH MANAGEMENT LLC RIA/Wealth	Blaine Patrick Werner CEO	0.42% $1.2M	0.00% 122.4K shares	Q3 2024 Held for 1y 2m	$294.6M
CITY OF LONDON INVESTMENT MANAGEMENT CO LTD Long Only Manager	Thomas Wayne Griffith CEO	0.28% $3.8M	0.00% 371.9K shares	Q4 2022 Held for 2y 11m	$1.4B
Investment Partners Asset Management, Inc. RIA/Wealth	Gregg Thomas Abella CEO	0.25% $375.5K	0.00% 36.9K shares	Q4 2023 Held for 1y 11m	$150.3M
Samalin Investment Counsel, LLC RIA/Wealth	Andrew Evan Samalin Managing Partner	0.24% $682.9K	0.00% 67.1K shares	Q1 2023 Held for 2y 8m	$289.2M
T TrueMark Investments, LLC Institution	Michael Norman Loukas CEO	0.22% $1.3M	0.00% 126.6K shares	Q3 2025 Held for 2 months	$574.7M
Triumph Capital Management RIA/Wealth	Derek Nathan Eichenwald President	0.21% $823.5K	0.00% 81.0K shares	Q2 2024 Held for 1y 5m	$400.6M