BlackRock Municipal Income Investment Trust
BBF
BBF was delisted on the 9th of April, 2021.
20 hedge funds and large institutions have $6.83M invested in BlackRock Municipal Income Investment Trust in 2014 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 5 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
1.33% less ownership
Funds ownership: 8.62% → 7.29% (-1.3%)
13% less funds holding
Funds holding: 23 → 20 (-3)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
59% less capital inflows, than outflows
Capital inflows: $661K | Capital outflows: $1.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Guggenheim Capital
Chicago,
Illinois
|
+$179K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$75.9K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$31.4K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$13.9K |
| 5 |
RFA
Reilly Financial Advisors
La Mesa,
California
|
+$13.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Advisors Asset Management
Monument,
Colorado
|
-$806K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$325K |
| 3 |
Horizon Kinetics
New York
|
-$134K |
| 4 |
MHS
M Holdings Securities
Portland,
Oregon
|
-$127K |
| 5 |
Morgan Stanley
New York
|
-$111K |
BBF Hedge Fund Activity: Q4 2014 in Review
20 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal Income Investment Trust (BBF) for Q4 2014, worth a combined $6.83M — down 13% from $7.86M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BBF and 3 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 6 added.
The largest buyer was Guggenheim Capital, adding an estimated $179K. The largest seller was Advisors Asset Management, cutting an estimated $806K.
- 20 institutional investors held BlackRock Municipal Income Investment Trust (BBF) as of Q4 2014, down from 23 in Q3 2014.
- Funds reported $6.83M of BlackRock Municipal Income Investment Trust stock for Q4 2014, down 13% quarter-over-quarter.
- 3 funds opened new BlackRock Municipal Income Investment Trust positions in Q4 2014 and 5 closed out, a net change of -2 holders.
- The largest BlackRock Municipal Income Investment Trust buyer in Q4 2014 was Guggenheim Capital, an estimated $179K added.
- The largest BlackRock Municipal Income Investment Trust seller in Q4 2014 was Advisors Asset Management, an estimated $806K sold.
Based on aggregated 13F filings for Q4 2014.