BlackRock Municipal Income Investment Trust
BBF
BBF was delisted on the 9th of April, 2021.
31 hedge funds and large institutions have $9.66M invested in BlackRock Municipal Income Investment Trust in 2020 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 10 increasing their positions, 5 reducing their positions, and 8 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 5
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
24% more capital invested
Capital invested by funds: $7.77M → $9.66M (+$1.9M)
11% more funds holding
Funds holding: 28 → 31 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$638K |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$599K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$192K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$160K |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$158K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$432K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$171K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$136K |
| 4 |
HKAM
Horizon Kinetics Asset Management
New York
|
-$131K |
| 5 |
FIA
FNY Investment Advisers
New York
|
-$124K |
BBF Hedge Fund Activity: Q2 2020 in Review
31 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal Income Investment Trust (BBF) for Q2 2020, worth a combined $9.66M — up 24% from $7.77M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new BBF positions and 8 closed out — a net gain of 3 holders — while 10 added to existing stakes and 5 trimmed.
The largest buyer was Sit Investment Associates, opening a new position worth an estimated $638K. The largest seller was Guggenheim Capital, cutting an estimated $432K.
- 31 institutional investors held BlackRock Municipal Income Investment Trust (BBF) as of Q2 2020, up from 28 in Q1 2020.
- Funds reported $9.66M of BlackRock Municipal Income Investment Trust stock for Q2 2020, up 24% quarter-over-quarter.
- 11 funds opened new BlackRock Municipal Income Investment Trust positions in Q2 2020 and 8 closed out, a net change of +3 holders.
- The largest BlackRock Municipal Income Investment Trust buyer in Q2 2020 was Sit Investment Associates, an estimated $638K added.
- The largest BlackRock Municipal Income Investment Trust seller in Q2 2020 was Guggenheim Capital, an estimated $432K sold.
Based on aggregated 13F filings for Q2 2020.