Blackrock Municipal Bond Trust
BBK
BBK was delisted on the 5th of March, 2021.
31 hedge funds and large institutions have $15.7M invested in Blackrock Municipal Bond Trust in 2014 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 3 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
267% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 3
11% more funds holding
Funds holding: 28 → 31 (+3)
10% more capital invested
Capital invested by funds: $14.3M → $15.7M (+$1.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$428K |
| 2 |
NPC
National Planning Corporation
El Segundo,
California
|
+$417K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$223K |
| 4 |
PMG
ProVise Management Group
Clearwater,
Florida
|
+$218K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$190K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$650K |
| 2 |
Cohen & Steers
New York
|
-$462K |
| 3 |
MHS
M Holdings Securities
Portland,
Oregon
|
-$77K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$17.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Fifth Third Bancorp
Cincinnati,
Ohio
| $19K | – | – | – |
|
27
Creative Planning
Overland Park,
Kansas
| $16K | – | – | – |
|
|
HCM
28
Highlander Capital Management
Short Hills,
New Jersey
| $16K | – | – | – |
|
|
IP
29
Isthmus Partners
Madison,
Wisconsin
| $16K | +$15.7K | +1,000 | New |
|
|
BPBT
30
Boston Private Bank & Trust
Boston,
Massachusetts
| $8K | – | – | – |
|
31
Citigroup
New York
| $7K | +$6.79K | +433 | New |
|
|
MHS
32
M Holdings Securities
Portland,
Oregon
| – | -$77K | -5,024 | Closed |
|
BBK Hedge Fund Activity: Q4 2014 in Review
31 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal Bond Trust (BBK) for Q4 2014, worth a combined $15.7M — up 9.8% from $14.3M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BBK positions and 1 closed out — a net gain of 5 holders — while 11 added to existing stakes and 3 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $428K. The largest seller was Guggenheim Capital, cutting an estimated $650K.
- 31 institutional investors held Blackrock Municipal Bond Trust (BBK) as of Q4 2014, up from 28 in Q3 2014.
- Funds reported $15.7M of Blackrock Municipal Bond Trust stock for Q4 2014, up 9.8% quarter-over-quarter.
- 6 funds opened new Blackrock Municipal Bond Trust positions in Q4 2014 and 1 closed out, a net change of +5 holders.
- The largest Blackrock Municipal Bond Trust buyer in Q4 2014 was Morgan Stanley, an estimated $428K added.
- The largest Blackrock Municipal Bond Trust seller in Q4 2014 was Guggenheim Capital, an estimated $650K sold.
Based on aggregated 13F filings for Q4 2014.