BlackRock Enhanced Equity Dividend Trust

BDJ • NYSE

BlackRock Enhanced Equity Dividend Trust is a publicly traded company on NYSE. As of Q3 2025, 185 institutional investors hold shares in this company, with total holdings valued at $265.9M. RAYMOND JAMES FINANCIAL INC is the largest holder with a position valued at $36.8M.

Websiteblackrock.com

Overview

Overview of institutional ownership in BDJ as of Q3 2025

All Institutions

Institutions: 185
Value Held: $265.9M
Shares Held: 29.2M
Avg Position: $1.4M
Median Position: $203.7K

Hedge Funds

Hedge Funds: 3
Value Held: $1.8M
Shares Held: 201.9K
Avg Position: $613.1K
Median Position: $215.6K

Biggest Investors

Institutions with the largest positions in BDJ as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
RAYMOND JAMES FINANCIAL INC RIA/Wealth	Steven Robert Marcus CEO	$36.8M 0.01% of portfolio	0.00% 4.0M shares	Q4 2024 Held for 11 months	$310.43B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$31.8M 0.00% of portfolio	0.00% 3.5M shares	Q4 2022 Held for 2y 11m	$1.65T
WELLS FARGO & COMPANY/MN Institution	Charles W. Scharf CEO	$24.5M 0.01% of portfolio	0.00% 2.7M shares	Q4 2022 Held for 2y 11m	$488.50B
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$21.7M 0.00% of portfolio	0.00% 2.4M shares	Q4 2022 Held for 2y 11m	$633.08B
G GUGGENHEIM CAPITAL LLC Institution	-	$18.8M 0.14% of portfolio	0.00% 2.1M shares	Q4 2022 Held for 2y 11m	$13.4B
L LPL Financial LLC Institution	-	$16.5M 0.00% of portfolio	0.00% 1.8M shares	Q4 2022 Held for 2y 11m	$340.07B
S STIFEL FINANCIAL CORP Long Only Manager	Adam Vartan Topalian CIO	$10.1M 0.01% of portfolio	0.00% 1.1M shares	Q4 2022 Held for 2y 11m	$109.37B
W Waterfront Wealth Inc. RIA/Wealth	Roger Carter Ratzlaff CEO	$8.2M 1.69% of portfolio	0.00% 915.7K shares	Q1 2024 Held for 1y 8m	$486.1M
Advisors Asset Management, Inc. ETF Provider	Scott Irvin Colyer CEO	$6.7M 0.11% of portfolio	0.00% 733.0K shares	Q4 2022 Held for 2y 11m	$5.9B
UBS Group AG Institution	Sergio P. Ermotti CEO	$5.8M 0.00% of portfolio	0.00% 637.3K shares	Q4 2022 Held for 2y 11m	$511.54B

Net Capital Flow

Institutional buying and selling activity for BDJ in Q3 2025

Traded: +$3.6M
Buyers: 98
Sellers: 53
Total Bought: +$15.0M
Total Sold: −$11.4M
Avg Position: $1.3M

Biggest Buyers

Institution	Net Bought	Current Position
W Waterfront Wealth Inc. RIA/Wealth	+$2.0M +225.1K shares	$8.2M 915.7K shares
L LPL Financial LLC Institution	+$1.6M +176.5K shares	$16.5M 1.8M shares
WELLS FARGO & COMPANY/MN Institution	+$1.3M +143.2K shares	$24.5M 2.7M shares
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	+$880.0K +96.6K shares	$1.3M 137.6K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$730.8K +80.2K shares	$1.4M 156.2K shares
Sheets Smith Investment Management RIA/Wealth	+$723.6K +79.4K shares	$723.6K 79.4K shares
Invesco Ltd. ETF Provider	+$655.5K +72.0K shares	$21.7M 2.4M shares
MORGAN STANLEY RIA/Wealth	+$620.5K +68.1K shares	$31.8M 3.5M shares
MERCER GLOBAL ADVISORS INC /ADV RIA/Wealth	+$596.7K +65.5K shares	$952.2K 104.5K shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	+$579.8K +63.6K shares	$36.8M 4.0M shares

Biggest Sellers

Institution	Net Sold	Current Position
Advisors Asset Management, Inc. ETF Provider	−$2.8M −312.1K shares	$6.7M 733.0K shares
Shaker Financial Services, LLC RIA/Wealth	−$2.4M −259.4K shares	$3.4M 368.5K shares
K Karpus Management, Inc. Institution	−$1.1M −125.3K shares	Sold Off 0 shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$593.5K −66.8K shares	Sold Off 0 shares
Kovitz Investment Group Partners, LLC RIA/Wealth	−$511.9K −56.2K shares	$3.5M 381.7K shares
BANK OF AMERICA CORP /DE/ Institution	−$392.0K −43.0K shares	$5.4M 589.9K shares
M MONOGRAPH WEALTH ADVISORS, LLC RIA/Wealth	−$337.2K −37.9K shares	Sold Off 0 shares
G GUGGENHEIM CAPITAL LLC Institution	−$276.1K −30.3K shares	$18.8M 2.1M shares
UBS Group AG Institution	−$274.5K −30.1K shares	$5.8M 637.3K shares
WOLVERINE ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$273.5K −30.8K shares	Sold Off 0 shares

Entry and Exit Activity

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

New Positions: 15
New Value: $2.1M
Exited Positions: 19
Exited Value: $3.3M

New Positions

Institution	Position Value
Sheets Smith Investment Management RIA/Wealth	$723.6K 79.4K shares
NBC SECURITIES, INC. RIA/Wealth	$294.0K 32.3K shares
Wharton Business Group, LLC RIA/Wealth	$173.1K 19.0K shares
MML INVESTORS SERVICES, LLC RIA/Wealth	$148.6K 16.3K shares
C CI Private Wealth, LLC RIA/Wealth	$141.1K 15.5K shares
Heritage Wealth Management, Inc./Texas RIA/Wealth	$127.6K 14.0K shares
SMITH, MOORE & CO. RIA/Wealth	$110.1K 12.1K shares
A ATRIA INVESTMENTS LLC Institution	$106.6K 11.7K shares
Yukon Wealth Management, Inc. RIA/Wealth	$101.0K 11.1K shares
Pensionmark Financial Group, LLC Pension/Endowment	$98.9K 10.9K shares

Exited Positions

Institution	Previous Position
K Karpus Management, Inc. Institution	$1.1M 125.3K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$593.5K 66.8K shares
M MONOGRAPH WEALTH ADVISORS, LLC RIA/Wealth	$337.2K 37.9K shares
WOLVERINE ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$273.5K 30.8K shares
Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy	$226.2K 25.4K shares
Capital Asset Advisory Services LLC RIA/Wealth	$179.3K 20.1K shares
Creative Planning RIA/Wealth	$138.0K 15.5K shares
R READYSTATE ASSET MANAGEMENT LP Hedge Fund•Multi-Strategy	$124.6K 14.0K shares
FRANKLIN RESOURCES INC Institution	$111.1K 12.5K shares
Sowell Financial Services LLC RIA/Wealth	$95.1K 10.7K shares

Options Activity

Institutions with the largest Call and Put options positions in BDJ 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 BDJ as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
W Waterfront Wealth Inc. RIA/Wealth	Roger Carter Ratzlaff CEO	1.69% $8.2M	0.00% 915.7K shares	Q1 2024 Held for 1y 8m	$486.1M
B Boothe Investment Group, Inc. RIA/Wealth	David Franklin Boothe President	1.66% $4.5M	0.00% 496.7K shares	Q1 2025 Held for 8 months	$273.0M
Shaker Financial Services, LLC RIA/Wealth	Kathryn Shaker Baummer Partner	1.15% $3.4M	0.00% 368.5K shares	Q2 2014 Held for 11y 5m	$291.6M
Sheets Smith Investment Management RIA/Wealth	Zolly Cornell Bowden President	0.47% $723.6K	0.00% 79.4K shares	Q3 2025 Held for 2 months	$154.2M
D David J Yvars Group Institution	-	0.46% $858.3K	0.00% 94.4K shares	Q4 2022 Held for 2y 11m	$186.7M
Investment Partners Asset Management, Inc. RIA/Wealth	Gregg Thomas Abella CEO	0.29% $436.2K	0.00% 47.9K shares	Q4 2023 Held for 1y 11m	$150.3M
Shulman DeMeo Asset Management LLC RIA/Wealth	James Nicholas Demeo CIO	0.28% $1.2M	0.00% 135.6K shares	Q4 2022 Held for 2y 11m	$435.0M
PREVAIL INNOVATIVE WEALTH ADVISORS, LLC RIA/Wealth	Kerry Lee Lawing CEO	0.26% $1.4M	0.00% 148.7K shares	Q1 2024 Held for 1y 8m	$515.1M
Saxony Capital Management, LLC RIA/Wealth	Richard Edward Griffard President	0.26% $390.4K	0.00% 42.9K shares	Q4 2023 Held for 1y 11m	$151.7M
W WealthTrust Axiom LLC Institution	-	0.24% $897.2K	0.00% 98.5K shares	Q4 2022 Held for 2y 11m	$373.3M

Hedge Fund Spotlight

Discover hedge funds investing in BDJ

ELCO Management Co., LLC

Hedge Fund • Long/Short

Portfolio ManagerPaul Elliot

Portfolio Value: $191.4M
Positions: 163
Last Reported: Q3 2025

Sector Allocation

Position in BlackRock Enhanced Equity Dividend Trust

Market Value: $215.6K
Shares Held: 23.7K
Portfolio Weight: 0.11%
Owned Since: 2022-Q4

Top Holding	Sector	Market Value	Weight
1 Cheniere Energy LNG	Oil & Gas Midstream Energy	$12.1M	6.31%
2 Williams Companies WMB	Oil & Gas Midstream Energy	$11.5M	6.03%
3 Targa Resources TRGP	Oil & Gas Midstream Energy	$8.8M	4.62%