BLACKROCK MUNICIPAL INCOME INVESTMENT QUALITY TRUST
BAF
BAF was delisted on the 5th of March, 2021.
29 hedge funds and large institutions have $18.2M invested in BLACKROCK MUNICIPAL INCOME INVESTMENT QUALITY TRUST in 2020 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 11 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
12% more funds holding
Funds holding: 26 → 29 (+3)
4% more capital invested
Capital invested by funds: $17.5M → $18.2M (+$684K)
36% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$864K |
| 2 |
MC
Moors & Cabot
Boston,
Massachusetts
|
+$245K |
| 3 |
KCPG
Kavar Capital Partners Group
Leawood,
Kansas
|
+$242K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$143K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$76.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$626K |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$281K |
| 3 |
Cohen & Steers
New York
|
-$264K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$182K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$155K |
BAF Hedge Fund Activity: Q3 2020 in Review
29 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in BLACKROCK MUNICIPAL INCOME INVESTMENT QUALITY TRUST (BAF) for Q3 2020, worth a combined $18.2M — up 3.9% from $17.5M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new BAF positions and 1 closed out — a net gain of 3 holders — while 7 added to existing stakes and 11 trimmed.
The largest buyer was Mackay Shields LLC, adding an estimated $864K. The largest seller was Bank of America, cutting an estimated $626K.
- 29 institutional investors held BLACKROCK MUNICIPAL INCOME INVESTMENT QUALITY TRUST (BAF) as of Q3 2020, up from 26 in Q2 2020.
- Funds reported $18.2M of BLACKROCK MUNICIPAL INCOME INVESTMENT QUALITY TRUST stock for Q3 2020, up 3.9% quarter-over-quarter.
- 4 funds opened new BLACKROCK MUNICIPAL INCOME INVESTMENT QUALITY TRUST positions in Q3 2020 and 1 closed out, a net change of +3 holders.
- The largest BLACKROCK MUNICIPAL INCOME INVESTMENT QUALITY TRUST buyer in Q3 2020 was Mackay Shields LLC, an estimated $864K added.
- The largest BLACKROCK MUNICIPAL INCOME INVESTMENT QUALITY TRUST seller in Q3 2020 was Bank of America, an estimated $626K sold.
Based on aggregated 13F filings for Q3 2020.