Blackrock Municipal Bond Trust
BBK
BBK was delisted on the 5th of March, 2021.
32 hedge funds and large institutions have $14.2M invested in Blackrock Municipal Bond Trust in 2015 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
14% more capital invested
Capital invested by funds: $12.5M → $14.2M (+$1.73M)
3% more funds holding
Funds holding: 31 → 32 (+1)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$1.09M |
| 2 |
LPL Financial
San Diego,
California
|
+$660K |
| 3 |
NPC
National Planning Corporation
El Segundo,
California
|
+$595K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$213K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$153K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$765K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$602K |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
-$125K |
| 4 |
Morgan Stanley
New York
|
-$48K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$37K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Fifth Third Bancorp
Cincinnati,
Ohio
| $20K | – | – | – |
|
27
Creative Planning
Overland Park,
Kansas
| $16K | – | – | – |
|
|
HCM
28
Highlander Capital Management
Short Hills,
New Jersey
| $16K | – | – | – |
|
29
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $14K | – | – | – |
|
|
IA
30
IFP Advisors
Tampa,
Florida
| $5K | +$5.22K | +333 | New |
|
|
TJHA
31
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $3K | +$3.13K | +200 | New |
|
|
N
32
Nuveen
Charlotte,
North Carolina
| $249 | -$125K | -8,000 | -34% |
|
|
GC
33
Guggenheim Capital
Chicago,
Illinois
| – | -$602K | -38,710 | Closed |
|
34
Citigroup
New York
| – | -$26K | -1,647 | Closed |
|
|
WCM
35
Windsor Capital Management
Phoenix,
Arizona
| – | -$15K | -1,000 | Closed |
|
|
RIA
36
Regal Investment Advisors
Kentwood,
Michigan
| – | -$12K | -800 | Closed |
|
BBK Hedge Fund Activity: Q4 2015 in Review
32 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal Bond Trust (BBK) for Q4 2015, worth a combined $14.2M — up 14% from $12.5M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BBK positions and 4 closed out — a net gain of 2 holders — while 9 added to existing stakes and 10 trimmed.
The largest buyer was Fiera Capital (Canada), opening a new position worth an estimated $1.09M. The largest seller was Invesco, cutting an estimated $765K.
- 32 institutional investors held Blackrock Municipal Bond Trust (BBK) as of Q4 2015, up from 31 in Q3 2015.
- Funds reported $14.2M of Blackrock Municipal Bond Trust stock for Q4 2015, up 14% quarter-over-quarter.
- 6 funds opened new Blackrock Municipal Bond Trust positions in Q4 2015 and 4 closed out, a net change of +2 holders.
- The largest Blackrock Municipal Bond Trust buyer in Q4 2015 was Fiera Capital (Canada), an estimated $1.09M added.
- The largest Blackrock Municipal Bond Trust seller in Q4 2015 was Invesco, an estimated $765K sold.
Based on aggregated 13F filings for Q4 2015.