Blackrock Municipal Bond Trust
BBK
BBK was delisted on the 5th of March, 2021.
28 hedge funds and large institutions have $14.3M invested in Blackrock Municipal Bond Trust in 2014 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 11 increasing their positions, 4 reducing their positions, and 4 closing their positions.
175% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 4
10% less funds holding
Funds holding: 31 → 28 (-3)
12% less capital invested
Capital invested by funds: $16.1M → $14.3M (-$1.88M)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$542K |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$219K |
| 3 |
PMG
ProVise Management Group
Clearwater,
Florida
|
+$207K |
| 4 |
NPC
National Planning Corporation
El Segundo,
California
|
+$193K |
| 5 |
Morgan Stanley
New York
|
+$95.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.37M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$679K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$422K |
| 4 |
Cohen & Steers
New York
|
-$267K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$169K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Creative Planning
Overland Park,
Kansas
| $15K | +$12.4K | +800 | +400% |
|
|
BPBT
27
Boston Private Bank & Trust
Boston,
Massachusetts
| $8K | – | – | – |
|
|
GSC
28
Ground Swell Capital
Folly Beach,
South Carolina
| $3K | – | – | – |
|
|
SIA
29
Sit Investment Associates
Minneapolis,
Minnesota
| – | -$1.37M | -86,865 | Closed |
|
|
VKH
30
Virtu KCG Holdings
New York
| – | -$422K | -26,872 | Closed |
|
31
Citigroup
New York
| – | -$15K | -988 | Closed |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| – | -$6K | -405 | Closed |
|
BBK Hedge Fund Activity: Q3 2014 in Review
28 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal Bond Trust (BBK) for Q3 2014, worth a combined $14.3M — down 12% from $16.1M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of BBK and 1 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 11 added.
The largest buyer was Bank of Montreal, adding an estimated $542K. The largest seller was Sit Investment Associates, exiting entirely with an estimated $1.37M sold.
- 28 institutional investors held Blackrock Municipal Bond Trust (BBK) as of Q3 2014, down from 31 in Q2 2014.
- Funds reported $14.3M of Blackrock Municipal Bond Trust stock for Q3 2014, down 12% quarter-over-quarter.
- 1 fund opened new Blackrock Municipal Bond Trust positions in Q3 2014 and 4 closed out, a net change of -3 holders.
- The largest Blackrock Municipal Bond Trust buyer in Q3 2014 was Bank of Montreal, an estimated $542K added.
- The largest Blackrock Municipal Bond Trust seller in Q3 2014 was Sit Investment Associates, an estimated $1.37M sold.
Based on aggregated 13F filings for Q3 2014.