BlackRock Municipal Income Investment Trust
BBF
BBF was delisted on the 9th of April, 2021.
28 hedge funds and large institutions have $7.77M invested in BlackRock Municipal Income Investment Trust in 2020 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
4% more funds holding
Funds holding: 27 → 28 (+1)
7% less capital invested
Capital invested by funds: $8.31M → $7.77M (-$544K)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
Top Buyers
| 1 |
Invesco
Atlanta,
Georgia
|
+$352K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$311K |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
+$234K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$146K |
| 5 |
FIA
FNY Investment Advisers
New York
|
+$136K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FWM
26
FSA Wealth Management
Needham,
Massachusetts
| $28K | – | – | – |
|
|
TFS
27
TrustCore Financial Services
Brentwood,
Tennessee
| $18K | – | – | – |
|
|
BFEC
28
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $9K | – | – | – |
|
29
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$239K | -17,839 | Closed |
|
|
MAFM
30
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
| – | -$138K | -10,276 | Closed |
|
BBF Hedge Fund Activity: Q1 2020 in Review
28 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal Income Investment Trust (BBF) for Q1 2020, worth a combined $7.77M — down 6.5% from $8.31M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new BBF positions and 2 closed out — a net gain of 2 holders — while 5 added to existing stakes and 9 trimmed.
The largest buyer was Invesco, opening a new position worth an estimated $352K. The largest seller was UBS Group, cutting an estimated $295K.
- 28 institutional investors held BlackRock Municipal Income Investment Trust (BBF) as of Q1 2020, up from 27 in Q4 2019.
- Funds reported $7.77M of BlackRock Municipal Income Investment Trust stock for Q1 2020, down 6.5% quarter-over-quarter.
- 4 funds opened new BlackRock Municipal Income Investment Trust positions in Q1 2020 and 2 closed out, a net change of +2 holders.
- The largest BlackRock Municipal Income Investment Trust buyer in Q1 2020 was Invesco, an estimated $352K added.
- The largest BlackRock Municipal Income Investment Trust seller in Q1 2020 was UBS Group, an estimated $295K sold.
Based on aggregated 13F filings for Q1 2020.