BlackRock Municipal Income Investment Trust
BBF
BBF was delisted on the 9th of April, 2021.
25 hedge funds and large institutions have $17.1M invested in BlackRock Municipal Income Investment Trust in 2021 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 5 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 4
26% more capital invested
Capital invested by funds: $13.6M → $17.1M (+$3.5M)
11% less funds holding
Funds holding: 28 → 25 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AAM
26
Advisors Asset Management
Monument,
Colorado
| – | -$524K | -39,225 | Closed |
|
27
Truist Financial
Charlotte,
North Carolina
| – | -$225K | -16,804 | Closed |
|
|
ACA
28
Ackerman Capital Advisors
Dallas,
Texas
| – | -$218K | -16,283 | Closed |
|
|
RCA
29
Ranch Capital Advisors
Sarasota,
Florida
| – | -$93K | -7,033 | Closed |
|
|
FWM
30
FSA Wealth Management
Needham,
Massachusetts
| – | -$16K | -1,194 | Closed |
|
BBF Hedge Fund Activity: Q1 2021 in Review
25 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal Income Investment Trust (BBF) for Q1 2021, worth a combined $17.1M — up 26% from $13.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BBF and 2 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 10 added.
The largest buyer was Sit Investment Associates, adding an estimated $1.62M. The largest seller was Advisors Asset Management, exiting entirely with an estimated $524K sold.
- 25 institutional investors held BlackRock Municipal Income Investment Trust (BBF) as of Q1 2021, down from 28 in Q4 2020.
- Funds reported $17.1M of BlackRock Municipal Income Investment Trust stock for Q1 2021, up 26% quarter-over-quarter.
- 2 funds opened new BlackRock Municipal Income Investment Trust positions in Q1 2021 and 5 closed out, a net change of -3 holders.
- The largest BlackRock Municipal Income Investment Trust buyer in Q1 2021 was Sit Investment Associates, an estimated $1.62M added.
- The largest BlackRock Municipal Income Investment Trust seller in Q1 2021 was Advisors Asset Management, an estimated $524K sold.
Based on aggregated 13F filings for Q1 2021.