BlackRock Municipal Income Investment Trust
BBF
BBF was delisted on the 9th of April, 2021.
23 hedge funds and large institutions have $11.7M invested in BlackRock Municipal Income Investment Trust in 2016 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 3 reducing their positions, and 3 closing their positions.
233% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 3
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
62% more capital invested
Capital invested by funds: $7.21M → $11.7M (+$4.49M)
28% more funds holding
Funds holding: 18 → 23 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.27M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.12M |
| 3 |
Morgan Stanley
New York
|
+$937K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$243K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$172K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
-$378K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$238K |
| 3 |
LPL Financial
San Diego,
California
|
-$182K |
| 4 |
US Bancorp
Minneapolis,
Minnesota
|
-$20K |
| 5 |
AIG
American International Group
New York
|
-$9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| – | -$5K | -320 | Closed |
|
BBF Hedge Fund Activity: Q2 2016 in Review
23 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal Income Investment Trust (BBF) for Q2 2016, worth a combined $11.7M — up 62% from $7.21M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BBF positions and 3 closed out — a net gain of 5 holders — while 10 added to existing stakes and 3 trimmed.
The largest buyer was Sit Investment Associates, opening a new position worth an estimated $1.27M. The largest seller was Tradewinds Capital Management, cutting an estimated $378K.
- 23 institutional investors held BlackRock Municipal Income Investment Trust (BBF) as of Q2 2016, up from 18 in Q1 2016.
- Funds reported $11.7M of BlackRock Municipal Income Investment Trust stock for Q2 2016, up 62% quarter-over-quarter.
- 8 funds opened new BlackRock Municipal Income Investment Trust positions in Q2 2016 and 3 closed out, a net change of +5 holders.
- The largest BlackRock Municipal Income Investment Trust buyer in Q2 2016 was Sit Investment Associates, an estimated $1.27M added.
- The largest BlackRock Municipal Income Investment Trust seller in Q2 2016 was Tradewinds Capital Management, an estimated $378K sold.
Based on aggregated 13F filings for Q2 2016.