BlackRock Municipal Income Investment Trust
BBF
BBF was delisted on the 9th of April, 2021.
21 hedge funds and large institutions have $5.27M invested in BlackRock Municipal Income Investment Trust in 2019 Q1 according to their latest regulatory filings, with 4 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
9% less funds holding
Funds holding: 23 → 21 (-2)
10% less capital invested
Capital invested by funds: $5.85M → $5.27M (-$587K)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$252K |
| 2 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$183K |
| 3 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
+$60.6K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$37.7K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$20.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.01M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$279K |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$168K |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$149K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$44.8K |
BBF Hedge Fund Activity: Q1 2019 in Review
21 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal Income Investment Trust (BBF) for Q1 2019, worth a combined $5.27M — down 10% from $5.85M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BBF and 4 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 6 added.
The largest buyer was Advisors Asset Management, opening a new position worth an estimated $252K. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $1.01M sold.
- 21 institutional investors held BlackRock Municipal Income Investment Trust (BBF) as of Q1 2019, down from 23 in Q4 2018.
- Funds reported $5.27M of BlackRock Municipal Income Investment Trust stock for Q1 2019, down 10% quarter-over-quarter.
- 4 funds opened new BlackRock Municipal Income Investment Trust positions in Q1 2019 and 5 closed out, a net change of -1 holder.
- The largest BlackRock Municipal Income Investment Trust buyer in Q1 2019 was Advisors Asset Management, an estimated $252K added.
- The largest BlackRock Municipal Income Investment Trust seller in Q1 2019 was Wolverine Asset Management, an estimated $1.01M sold.
Based on aggregated 13F filings for Q1 2019.