Who owns BlackRock ESG Capital Allocation Trust (ECAT)
Which tracked institutional funds hold ECAT, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See ECAT company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
9 tracked funds added or opened ECAT while 16 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
ECAT’s largest tracked holder by dollar value, Saba Capital Management, L.P., sizes it at 9.7% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 9.7pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in ECAT divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 84 tracked filers holding ECAT, 48 increased or opened the position and 36 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in ECAT between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 3
- Aviance Capital Partners, LLC$553K
- WEALTH EFFECTS LLC$520K
- FRANKLIN RESOURCES INC$504K
Largest adds
- FLAGSHIP HARBOR ADVISORS, LLC$6M
- WOLVERINE ASSET MANAGEMENT LLC$2M
- Shaker Financial Services, LLC$628K
- RFG Advisory, LLC$517K
- JANE STREET GROUP, LLC$362K
- RAYMOND JAMES FINANCIAL INC$351K
Largest trims
- Saba Capital Management, L.P.$106M
- MORGAN STANLEY$3M
- WELLS FARGO & COMPANY/MN$3M
- Invesco Ltd.$3M
- BlackRock, Inc.$2M
- North Ground Capital$2M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Saba Capital Management, L.P. trimmed | 22,022,163 | $299M | 54.8% | 2026-Q1 |
| MORGAN STANLEY added | 2,204,468 | $30M | 5.5% | 2026-Q1 |
| Penserra Capital Management LLC added | 1,459,010 | $20M | 3.6% | 2026-Q1 |
| BlackRock, Inc. added | 1,233,545 | $17M | 3.1% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 1,223,160 | $17M | 3.0% | 2026-Q1 |
| Invesco Ltd. trimmed | 951,751 | $13M | 2.4% | 2026-Q1 |
| COHEN & STEERS, INC. added | 868,615 | $12M | 2.2% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 785,898 | $11M | 2.0% | 2026-Q1 |
| Advisors Asset Management, Inc. added | 646,960 | $9M | 1.6% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 642,586 | $9M | 1.6% | 2026-Q1 |
| FLAGSHIP HARBOR ADVISORS, LLC added | 558,506 | $8M | 1.4% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 391,493 | $5M | 1.0% | 2026-Q1 |
| Formidable Asset Management, LLC added | 301,869 | $5M | 0.9% | 2026-Q1 |
| Mason & Associates Inc trimmed | 332,204 | $4M | 0.8% | 2026-Q1 |
| LPL Financial LLC added | 277,647 | $4M | 0.7% | 2026-Q1 |
| UBS Group AG added | 244,427 | $3M | 0.6% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 230,519 | $3M | 0.6% | 2026-Q1 |
| WOLVERINE ASSET MANAGEMENT LLC added | 221,850 | $3M | 0.6% | 2026-Q1 |
| OPPENHEIMER & CO INC trimmed | 199,231 | $3M | 0.5% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 152,525 | $2M | 0.4% | 2026-Q1 |
| Americana Partners, LLC trimmed | 108,605 | $1M | 0.3% | 2026-Q1 |
| RFG Advisory, LLC added | 105,805 | $1M | 0.3% | 2026-Q1 |
| EVOLVE PRIVATE WEALTH, LLC trimmed | 103,234 | $1M | 0.3% | 2026-Q1 |
| North Ground Capital trimmed | 100,000 | $1M | 0.2% | 2026-Q1 |
| D. E. Shaw & Co., Inc. | 98,455 | $1M | 0.2% | 2026-Q1 |
| Baird Financial Group, Inc. added | 79,440 | $1M | 0.2% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 72,786 | $988K | 0.2% | 2026-Q1 |
| Ascentis Independent Advisors added | 72,226 | $981K | 0.2% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 68,641 | $932K | 0.2% | 2026-Q1 |
| Shaker Financial Services, LLC added | 68,329 | $928K | 0.2% | 2026-Q1 |
| Cetera Investment Advisers added | 67,685 | $919K | 0.2% | 2026-Q1 |
| WEDBUSH SECURITIES INC trimmed | 48,909 | $664K | 0.1% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 46,000 | $625K | 0.1% | 2026-Q1 |
| CreativeOne Wealth, LLC trimmed | 44,500 | $604K | 0.1% | 2026-Q1 |
| WINEBRENNER CAPITAL MANAGEMENT LLC added | 44,000 | $598K | 0.1% | 2026-Q1 |
| Aviance Capital Partners, LLC new | 40,697 | $553K | 0.1% | 2026-Q1 |
| D.A. DAVIDSON & CO. trimmed | 40,200 | $546K | 0.1% | 2026-Q1 |
| WEALTH EFFECTS LLC new | 38,310 | $520K | 0.1% | 2026-Q1 |
| FRANKLIN RESOURCES INC new | 37,137 | $504K | 0.1% | 2026-Q1 |
| Alpine Global Management, LLC trimmed | 35,022 | $476K | 0.1% | 2026-Q1 |
| Beckerman Institutional, LLC trimmed | 34,589 | $470K | 0.1% | 2026-Q1 |
| SeaCrest Wealth Management, LLC trimmed | 29,714 | $404K | 0.1% | 2026-Q1 |
| XTX Topco Ltd new | 28,614 | $389K | 0.1% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 26,624 | $362K | 0.1% | 2026-Q1 |
| Kestra Advisory Services, LLC new | 26,420 | $359K | 0.1% | 2026-Q1 |
| Janney Montgomery Scott LLC trimmed | 26,172 | $355K | 0.1% | 2026-Q1 |
| Prospera Financial Services Inc new | 25,757 | $350K | 0.1% | 2026-Q1 |
| &PARTNERS added | 25,462 | $346K | 0.1% | 2026-Q1 |
| Sanctuary Advisors, LLC added | 24,036 | $326K | 0.1% | 2026-Q1 |
| PFG Investments, LLC added | 24,027 | $326K | 0.1% | 2026-Q1 |
| Virtu Financial LLC trimmed | 20,074 | $273K | 0.1% | 2026-Q1 |
| TRUIST FINANCIAL CORP trimmed | 19,241 | $261K | 0.0% | 2026-Q1 |
| US BANCORP \DE\ trimmed | 18,011 | $245K | 0.0% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 16,097 | $219K | 0.0% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 14,582 | $198K | 0.0% | 2026-Q1 |
| Creative Planning added | 14,565 | $198K | 0.0% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC | 14,054 | $191K | 0.0% | 2026-Q1 |
| Summit Trail Advisors, LLC new | 11,995 | $163K | 0.0% | 2026-Q1 |
| Almitas Capital LLC trimmed | 11,406 | $155K | 0.0% | 2026-Q1 |
| Gryphon Financial Partners LLC new | 11,250 | $153K | 0.0% | 2026-Q1 |
| Walkner Condon Financial Advisors LLC new | 10,669 | $145K | 0.0% | 2026-Q1 |
| World Investment Advisors trimmed | 10,518 | $143K | 0.0% | 2026-Q1 |
| Private Advisor Group, LLC trimmed | 10,195 | $138K | 0.0% | 2026-Q1 |
| Wilmington Savings Fund Society, FSB added | 9,000 | $122K | 0.0% | 2026-Q1 |
| FIFTH THIRD BANCORP added | 8,430 | $114K | 0.0% | 2026-Q1 |
| CoreCap Advisors, LLC trimmed | 6,920 | $94K | 0.0% | 2026-Q1 |
| Triumph Capital Management | 3,450 | $47K | 0.0% | 2026-Q1 |
| SIT INVESTMENT ASSOCIATES INC trimmed | 970,728 | $16M | 2.9% | 2025-Q2 stale |
| Karpus Management, Inc. trimmed | 645,959 | $10M | 1.9% | 2025-Q1 stale |
| RIVERNORTH CAPITAL MANAGEMENT, LLC trimmed | 487,544 | $8M | 1.4% | 2025-Q2 stale |
| Polar Asset Management Partners Inc. new | 165,223 | $3M | 0.5% | 2025-Q2 stale |
| IEQ CAPITAL, LLC new | 126,738 | $2M | 0.4% | 2025-Q1 stale |
| STIFEL FINANCIAL CORP trimmed | 91,653 | $2M | 0.3% | 2025-Q3 stale |
| DYMON ASIA CAPITAL (SINGAPORE) PTE. LTD. | 41,774 | $685K | 0.1% | 2025-Q3 stale |
| Elequin Capital, LP added | 30,360 | $488K | 0.1% | 2025-Q2 stale |
| Dakota Wealth Management trimmed | 26,178 | $413K | 0.1% | 2025-Q1 stale |
| Marex Group plc new | 25,500 | $392K | 0.1% | 2025-Q4 stale |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 24,263 | $383K | 0.1% | 2025-Q1 stale |
| HRT FINANCIAL LP trimmed | 24,716 | $380K | 0.1% | 2025-Q4 stale |
| Pathstone Holdings, LLC | 20,852 | $359K | 0.1% | 2025-Q1 stale |
| Focus Partners Wealth | 16,166 | $265K | 0.0% | 2025-Q4 stale |
| Fountainhead AM, LLC added | 15,850 | $255K | 0.0% | 2025-Q2 stale |
| HighTower Advisors, LLC trimmed | 15,580 | $250K | 0.0% | 2025-Q2 stale |
| Gibraltar Capital Management, Inc. | 15,000 | $246K | 0.0% | 2025-Q3 stale |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. trimmed | 15,134 | $233K | 0.0% | 2025-Q4 stale |
| Boreal Capital Management LLC trimmed | 13,702 | $211K | 0.0% | 2025-Q4 stale |
| CALTON & ASSOCIATES, INC. added | 12,543 | $201K | 0.0% | 2025-Q2 stale |
| BLAIR WILLIAM & CO/IL trimmed | 11,871 | $195K | 0.0% | 2025-Q3 stale |
| Integrated Wealth Concepts LLC trimmed | 10,918 | $179K | 0.0% | 2025-Q3 stale |
| MILLENNIUM MANAGEMENT LLC trimmed | 10,510 | $169K | 0.0% | 2025-Q2 stale |
| Buckley Wealth Management, LLC new | 10,000 | $161K | 0.0% | 2025-Q2 stale |
| THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. | 10,000 | $161K | 0.0% | 2025-Q2 stale |
| Ashton Thomas Private Wealth, LLC | 10,000 | $154K | 0.0% | 2025-Q4 stale |
| COMERICA BANK trimmed | 9,261 | $142K | 0.0% | 2025-Q4 stale |
| Ameritas Advisory Services, LLC | 5,250 | $86K | 0.0% | 2025-Q3 stale |
| Cornerstone Advisors, LLC | 4,400 | $72K | 0.0% | 2025-Q3 stale |
| Global Retirement Partners, LLC new | 4,240 | $65K | 0.0% | 2025-Q4 stale |
| WHITTIER TRUST CO OF NEVADA INC | 3,596 | $58K | 0.0% | 2025-Q2 stale |
| TUCKER ASSET MANAGEMENT LLC new | 3,459 | $53K | 0.0% | 2025-Q4 stale |
| Geneos Wealth Management Inc. added | 3,155 | $51K | 0.0% | 2025-Q2 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.