BlackRock Municipal Income Investment Trust
BBF
BBF was delisted on the 9th of April, 2021.
20 hedge funds and large institutions have $8.84M invested in BlackRock Municipal Income Investment Trust in 2017 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 0 closing their positions.
34% more capital invested
Capital invested by funds: $6.61M → $8.84M (+$2.23M)
33% more funds holding
Funds holding: 15 → 20 (+5)
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$1.74M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$803K |
| 3 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
+$212K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$149K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$57.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$161K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$141K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$65K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$29.3K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$24.9K |
BBF Hedge Fund Activity: Q4 2017 in Review
20 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal Income Investment Trust (BBF) for Q4 2017, worth a combined $8.84M — up 34% from $6.61M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new BBF positions and 0 closed out — a net gain of 5 holders — while 3 added to existing stakes and 5 trimmed.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $1.74M. The largest seller was Morgan Stanley, cutting an estimated $161K.
- 20 institutional investors held BlackRock Municipal Income Investment Trust (BBF) as of Q4 2017, up from 15 in Q3 2017.
- Funds reported $8.84M of BlackRock Municipal Income Investment Trust stock for Q4 2017, up 34% quarter-over-quarter.
- 5 funds opened new BlackRock Municipal Income Investment Trust positions in Q4 2017 and 0 closed out, a net change of +5 holders.
- The largest BlackRock Municipal Income Investment Trust buyer in Q4 2017 was Laurion Capital Management, an estimated $1.74M added.
- The largest BlackRock Municipal Income Investment Trust seller in Q4 2017 was Morgan Stanley, an estimated $161K sold.
Based on aggregated 13F filings for Q4 2017.