Blackrock Municipal Bond Trust
BBK
BBK was delisted on the 5th of March, 2021.
32 hedge funds and large institutions have $12.1M invested in Blackrock Municipal Bond Trust in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 5 closing their positions.
0% more funds holding
Funds holding: 32 → 32 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
15% less capital invested
Capital invested by funds: $14.2M → $12.1M (-$2.12M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$212K |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$140K |
| 3 |
PMG
ProVise Management Group
Clearwater,
Florida
|
+$106K |
| 4 |
VanEck Associates
New York
|
+$72.3K |
| 5 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
+$50.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.22M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$646K |
| 3 |
NPC
National Planning Corporation
El Segundo,
California
|
-$628K |
| 4 |
Morgan Stanley
New York
|
-$379K |
| 5 |
Cohen & Steers
New York
|
-$260K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FWM
26
Focused Wealth Management
Newburgh,
New York
| $28K | – | – | – |
|
27
Fifth Third Bancorp
Cincinnati,
Ohio
| $21K | – | – | – |
|
|
HCM
28
Highlander Capital Management
Short Hills,
New Jersey
| $17K | – | – | – |
|
29
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $15K | – | – | – |
|
|
BFEC
30
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $9K | -$13.4K | -800 | -59% |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| $7K | +$6.71K | +400 | New |
|
|
N
32
Nuveen
Charlotte,
North Carolina
| $264 | – | – | – |
|
|
RCM
33
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| – | -$646K | -40,040 | Closed |
|
|
NPC
34
National Planning Corporation
El Segundo,
California
| – | -$628K | -37,971 | Closed |
|
35
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$183K | -11,309 | Closed |
|
|
IA
36
IFP Advisors
Tampa,
Florida
| – | -$5K | -333 | Closed |
|
|
TJHA
37
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| – | -$3K | -200 | Closed |
|
BBK Hedge Fund Activity: Q1 2016 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 2016, worth a combined $12.1M — down 15% from $14.2M a quarter earlier.
Fund positioning in BBK was balanced in Q1 2016: 5 funds opened new positions, 5 closed out, 9 added to existing stakes and 10 trimmed.
The largest buyer was Raymond James Financial Services Advisors, opening a new position worth an estimated $212K. The largest seller was Invesco, cutting an estimated $1.22M.
- 32 institutional investors held Blackrock Municipal Bond Trust (BBK) as of Q1 2016, unchanged from Q4 2015.
- Funds reported $12.1M of Blackrock Municipal Bond Trust stock for Q1 2016, down 15% quarter-over-quarter.
- 5 funds opened new Blackrock Municipal Bond Trust positions in Q1 2016 and 5 closed out, a net change of 0 holders.
- The largest Blackrock Municipal Bond Trust buyer in Q1 2016 was Raymond James Financial Services Advisors, an estimated $212K added.
- The largest Blackrock Municipal Bond Trust seller in Q1 2016 was Invesco, an estimated $1.22M sold.
Based on aggregated 13F filings for Q1 2016.