Blackrock Municipal Bond Trust
BBK
BBK was delisted on the 5th of March, 2021.
31 hedge funds and large institutions have $12.5M invested in Blackrock Municipal Bond Trust in 2015 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 5 reducing their positions, and 2 closing their positions.
160% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 5
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
11% more capital invested
Capital invested by funds: $11.2M → $12.5M (+$1.26M)
7% more funds holding
Funds holding: 29 → 31 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Samson Capital Advisors
New York
|
+$970K |
| 2 |
Morgan Stanley
New York
|
+$307K |
| 3 |
Cohen & Steers
New York
|
+$279K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$150K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$67.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$671K |
| 2 |
BIM
Bridgecreek Investment Management
Tulsa,
Oklahoma
|
-$167K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$62.4K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$19.2K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$16K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Creative Planning
Overland Park,
Kansas
| $16K | +$15.3K | +1,000 | New |
|
|
HCM
27
Highlander Capital Management
Short Hills,
New Jersey
| $15K | – | – | – |
|
|
WCM
28
Windsor Capital Management
Phoenix,
Arizona
| $15K | +$15.3K | +1,000 | New |
|
29
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $14K | – | – | – |
|
|
RIA
30
Regal Investment Advisors
Kentwood,
Michigan
| $12K | +$12.2K | +800 | New |
|
|
N
31
Nuveen
Charlotte,
North Carolina
| $364 | – | – | – |
|
|
BIM
32
Bridgecreek Investment Management
Tulsa,
Oklahoma
| – | -$167K | -11,000 | Closed |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| – | -$16K | -1,052 | Closed |
|
BBK Hedge Fund Activity: Q3 2015 in Review
31 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal Bond Trust (BBK) for Q3 2015, worth a combined $12.5M — up 11% from $11.2M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new BBK positions and 2 closed out — a net gain of 2 holders — while 13 added to existing stakes and 5 trimmed.
The largest buyer was Samson Capital Advisors, opening a new position worth an estimated $970K. The largest seller was Invesco, cutting an estimated $671K.
- 31 institutional investors held Blackrock Municipal Bond Trust (BBK) as of Q3 2015, up from 29 in Q2 2015.
- Funds reported $12.5M of Blackrock Municipal Bond Trust stock for Q3 2015, up 11% quarter-over-quarter.
- 4 funds opened new Blackrock Municipal Bond Trust positions in Q3 2015 and 2 closed out, a net change of +2 holders.
- The largest Blackrock Municipal Bond Trust buyer in Q3 2015 was Samson Capital Advisors, an estimated $970K added.
- The largest Blackrock Municipal Bond Trust seller in Q3 2015 was Invesco, an estimated $671K sold.
Based on aggregated 13F filings for Q3 2015.