BlackRock Municipal Income Investment Trust
BBF
BBF was delisted on the 9th of April, 2021.
23 hedge funds and large institutions have $5.85M invested in BlackRock Municipal Income Investment Trust in 2018 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 7 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
10% more funds holding
Funds holding: 21 → 23 (+2)
1% less capital invested
Capital invested by funds: $5.93M → $5.85M (-$80K)
57% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.04M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$285K |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$172K |
| 4 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
+$154K |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$153K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$631K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$274K |
| 3 |
Morgan Stanley
New York
|
-$187K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$168K |
| 5 |
OA
Oxbow Advisors
Austin,
Texas
|
-$143K |
BBF Hedge Fund Activity: Q4 2018 in Review
23 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal Income Investment Trust (BBF) for Q4 2018, worth a combined $5.85M — down 1.3% from $5.93M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new BBF positions and 3 closed out — a net gain of 2 holders — while 3 added to existing stakes and 7 trimmed.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $1.04M. The largest seller was Wells Fargo, cutting an estimated $631K.
- 23 institutional investors held BlackRock Municipal Income Investment Trust (BBF) as of Q4 2018, up from 21 in Q3 2018.
- Funds reported $5.85M of BlackRock Municipal Income Investment Trust stock for Q4 2018, down 1.3% quarter-over-quarter.
- 5 funds opened new BlackRock Municipal Income Investment Trust positions in Q4 2018 and 3 closed out, a net change of +2 holders.
- The largest BlackRock Municipal Income Investment Trust buyer in Q4 2018 was Wolverine Asset Management, an estimated $1.04M added.
- The largest BlackRock Municipal Income Investment Trust seller in Q4 2018 was Wells Fargo, an estimated $631K sold.
Based on aggregated 13F filings for Q4 2018.