BlackRock Municipal Income Investment Trust
BBF
BBF was delisted on the 9th of April, 2021.
19 hedge funds and large institutions have $9.68M invested in BlackRock Municipal Income Investment Trust in 2016 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 10 increasing their positions, 3 reducing their positions, and 5 closing their positions.
233% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 3
1% less ownership
Funds ownership: 7.16% → 6.16% (-1%)
17% less funds holding
Funds holding: 23 → 19 (-4)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
82% less capital inflows, than outflows
Capital inflows: $361K | Capital outflows: $1.99M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Guggenheim Capital
Chicago,
Illinois
|
+$206K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$53.8K |
| 3 |
MSI Financial Services
Springfield,
Massachusetts
|
+$49.7K |
| 4 |
Morgan Stanley
New York
|
+$42K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$4.75K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.32M |
| 2 |
Advisors Asset Management
Monument,
Colorado
|
-$183K |
| 3 |
Virtu KCG Holdings
New York
|
-$169K |
| 4 |
Oppenheimer & Co
New York
|
-$161K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$87.5K |
BBF Hedge Fund Activity: Q3 2016 in Review
19 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal Income Investment Trust (BBF) for Q3 2016, worth a combined $9.68M — down 17% from $11.7M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BBF and 1 opened new positions — a net loss of 4 holders — while 3 trimmed existing stakes and 10 added.
The largest buyer was Guggenheim Capital, adding an estimated $206K. The largest seller was Sit Investment Associates, exiting entirely with an estimated $1.32M sold.
- 19 institutional investors held BlackRock Municipal Income Investment Trust (BBF) as of Q3 2016, down from 23 in Q2 2016.
- Funds reported $9.68M of BlackRock Municipal Income Investment Trust stock for Q3 2016, down 17% quarter-over-quarter.
- 1 fund opened new BlackRock Municipal Income Investment Trust positions in Q3 2016 and 5 closed out, a net change of -4 holders.
- The largest BlackRock Municipal Income Investment Trust buyer in Q3 2016 was Guggenheim Capital, an estimated $206K added.
- The largest BlackRock Municipal Income Investment Trust seller in Q3 2016 was Sit Investment Associates, an estimated $1.32M sold.
Based on aggregated 13F filings for Q3 2016.