Blackrock Municipal Bond Trust
BBK
BBK was delisted on the 5th of March, 2021.
32 hedge funds and large institutions have $15.6M invested in Blackrock Municipal Bond Trust in 2015 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 5 reducing their positions, and 3 closing their positions.
140% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 5
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
3% more funds holding
Funds holding: 31 → 32 (+1)
0% less capital invested
Capital invested by funds: $15.7M → $15.6M (-$57.5K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$328K |
| 2 |
Invesco
Atlanta,
Georgia
|
+$309K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$194K |
| 4 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$172K |
| 5 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
+$86K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NPC
National Planning Corporation
El Segundo,
California
|
-$827K |
| 2 |
Cohen & Steers
New York
|
-$473K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$229K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$185K |
| 5 |
BIM
Bridgecreek Investment Management
Tulsa,
Oklahoma
|
-$123K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Creative Planning
Overland Park,
Kansas
| $17K | – | – | – |
|
|
HCM
27
Highlander Capital Management
Short Hills,
New Jersey
| $17K | – | – | – |
|
|
IP
28
Isthmus Partners
Madison,
Wisconsin
| $17K | – | – | – |
|
29
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $15K | +$14.6K | +891 | New |
|
30
Citigroup
New York
| $10K | +$2.64K | +161 | +37% |
|
|
BPBT
31
Boston Private Bank & Trust
Boston,
Massachusetts
| $8K | – | – | – |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| $2K | +$1.57K | +96 | New |
|
|
NPC
33
National Planning Corporation
El Segundo,
California
| – | -$827K | -51,050 | Closed |
|
|
VKH
34
Virtu KCG Holdings
New York
| – | -$185K | -11,634 | Closed |
|
|
W
35
Wealthfront
Palo Alto,
California
| – | -$32K | -2,000 | Closed |
|
BBK Hedge Fund Activity: Q1 2015 in Review
32 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal Bond Trust (BBK) for Q1 2015, worth a combined $15.6M — down 0.37% from $15.7M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new BBK positions and 3 closed out — a net gain of 1 holder — while 12 added to existing stakes and 5 trimmed.
The largest buyer was Bank of Montreal, adding an estimated $328K. The largest seller was National Planning Corporation, exiting entirely with an estimated $827K sold.
- 32 institutional investors held Blackrock Municipal Bond Trust (BBK) as of Q1 2015, up from 31 in Q4 2014.
- Funds reported $15.6M of Blackrock Municipal Bond Trust stock for Q1 2015, down 0.37% quarter-over-quarter.
- 4 funds opened new Blackrock Municipal Bond Trust positions in Q1 2015 and 3 closed out, a net change of +1 holder.
- The largest Blackrock Municipal Bond Trust buyer in Q1 2015 was Bank of Montreal, an estimated $328K added.
- The largest Blackrock Municipal Bond Trust seller in Q1 2015 was National Planning Corporation, an estimated $827K sold.
Based on aggregated 13F filings for Q1 2015.