BLACKROCK MUNICIPAL INCOME INVESTMENT QUALITY TRUST
BAF
BAF was delisted on the 5th of March, 2021.
30 hedge funds and large institutions have $19M invested in BLACKROCK MUNICIPAL INCOME INVESTMENT QUALITY TRUST in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
3% more funds holding
Funds holding: 29 → 30 (+1)
7% less capital invested
Capital invested by funds: $20.4M → $19M (-$1.37M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$270K |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$202K |
| 3 |
OWD
Osborn Williams & Donohoe
Cincinnati,
Ohio
|
+$135K |
| 4 |
FHA
Flagship Harbor Advisors
Boston,
Massachusetts
|
+$82.2K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$59.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.15M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$476K |
| 3 |
CFGS
Concourse Financial Group Securities
Birmingham,
Alabama
|
-$470K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$315K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$168K |
BAF Hedge Fund Activity: Q1 2019 in Review
30 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in BLACKROCK MUNICIPAL INCOME INVESTMENT QUALITY TRUST (BAF) for Q1 2019, worth a combined $19M — down 6.7% from $20.4M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new BAF positions and 3 closed out — a net gain of 2 holders — while 10 added to existing stakes and 8 trimmed.
The largest buyer was Private Advisor Group, adding an estimated $270K. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $1.15M sold.
- 30 institutional investors held BLACKROCK MUNICIPAL INCOME INVESTMENT QUALITY TRUST (BAF) as of Q1 2019, up from 29 in Q4 2018.
- Funds reported $19M of BLACKROCK MUNICIPAL INCOME INVESTMENT QUALITY TRUST stock for Q1 2019, down 6.7% quarter-over-quarter.
- 5 funds opened new BLACKROCK MUNICIPAL INCOME INVESTMENT QUALITY TRUST positions in Q1 2019 and 3 closed out, a net change of +2 holders.
- The largest BLACKROCK MUNICIPAL INCOME INVESTMENT QUALITY TRUST buyer in Q1 2019 was Private Advisor Group, an estimated $270K added.
- The largest BLACKROCK MUNICIPAL INCOME INVESTMENT QUALITY TRUST seller in Q1 2019 was Wolverine Asset Management, an estimated $1.15M sold.
Based on aggregated 13F filings for Q1 2019.