BlackRock Municipal Income Investment Trust
BBF
BBF was delisted on the 9th of April, 2021.
29 hedge funds and large institutions have $11.7M invested in BlackRock Municipal Income Investment Trust in 2020 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 4 closing their positions.
21% more capital invested
Capital invested by funds: $9.66M → $11.7M (+$2.06M)
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
6% less funds holding
Funds holding: 31 → 29 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
Top Sellers
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$170K |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$141K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$94.3K |
| 4 |
Morgan Stanley
New York
|
-$75.1K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$46.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RJFSA
26
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| $131K | -$551 | -42 | -0.4% |
|
|
RCA
27
Ranch Capital Advisors
Sarasota,
Florida
| $91K | – | – | – |
|
28
Osaic Holdings
Scottsdale,
Arizona
| $40K | – | – | – |
|
29
Royal Bank of Canada
Toronto,
Ontario, Canada
| $12K | -$538 | -41 | -4% |
|
|
PPA
30
Parametric Portfolio Associates
Seattle,
Washington
| – | -$170K | -13,390 | Closed |
|
|
PAG
31
Private Advisor Group
Morristown,
New Jersey
| – | -$46K | -3,574 | Closed |
|
|
FWM
32
FSA Wealth Management
Needham,
Massachusetts
| – | -$15K | -1,194 | Closed |
|
BBF Hedge Fund Activity: Q3 2020 in Review
29 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal Income Investment Trust (BBF) for Q3 2020, worth a combined $11.7M — up 21% from $9.66M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of BBF and 2 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 10 added.
The largest buyer was Sit Investment Associates, adding an estimated $1.32M. The largest seller was Parametric Portfolio Associates, exiting entirely with an estimated $170K sold.
- 29 institutional investors held BlackRock Municipal Income Investment Trust (BBF) as of Q3 2020, down from 31 in Q2 2020.
- Funds reported $11.7M of BlackRock Municipal Income Investment Trust stock for Q3 2020, up 21% quarter-over-quarter.
- 2 funds opened new BlackRock Municipal Income Investment Trust positions in Q3 2020 and 4 closed out, a net change of -2 holders.
- The largest BlackRock Municipal Income Investment Trust buyer in Q3 2020 was Sit Investment Associates, an estimated $1.32M added.
- The largest BlackRock Municipal Income Investment Trust seller in Q3 2020 was Parametric Portfolio Associates, an estimated $170K sold.
Based on aggregated 13F filings for Q3 2020.