Blackrock Municipal Bond Trust
BBK
BBK was delisted on the 5th of March, 2021.
33 hedge funds and large institutions have $12.8M invested in Blackrock Municipal Bond Trust in 2017 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 2 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
24% more capital invested
Capital invested by funds: $10.3M → $12.8M (+$2.5M)
3% more funds holding
Funds holding: 32 → 33 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.08M |
| 2 |
Morgan Stanley
New York
|
+$388K |
| 3 |
PMG
ProVise Management Group
Clearwater,
Florida
|
+$214K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$205K |
| 5 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
+$193K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$181K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$110K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$97.1K |
| 4 |
WP
WealthPLAN Partners
Omaha,
Nebraska
|
-$84.7K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$50.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Fifth Third Bancorp
Cincinnati,
Ohio
| $81K | – | – | – |
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $75K | – | – | – |
|
|
IA
28
IFP Advisors
Tampa,
Florida
| $23K | – | – | – |
|
|
WAM
29
Wolverine Asset Management
Chicago,
Illinois
| $20K | +$14.6K | +957 | +269% |
|
|
EWM
30
Endurance Wealth Management
Providence,
Rhode Island
| $19K | – | – | – |
|
|
HCM
31
Highlander Capital Management
Short Hills,
New Jersey
| $16K | – | – | – |
|
|
FWM
32
Focused Wealth Management
Newburgh,
New York
| $14K | – | – | – |
|
33
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $14K | – | – | – |
|
|
WP
34
WealthPLAN Partners
Omaha,
Nebraska
| – | -$84.7K | -5,630 | Closed |
|
|
GWM
35
Geneos Wealth Management
Englewood,
Colorado
| – | -$28K | -1,883 | Closed |
|
BBK Hedge Fund Activity: Q2 2017 in Review
33 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal Bond Trust (BBK) for Q2 2017, worth a combined $12.8M — up 24% from $10.3M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new BBK positions and 2 closed out — a net gain of 1 holder — while 10 added to existing stakes and 6 trimmed.
The largest buyer was Robinson Capital Management, adding an estimated $1.08M. The largest seller was LPL Financial, cutting an estimated $181K.
- 33 institutional investors held Blackrock Municipal Bond Trust (BBK) as of Q2 2017, up from 32 in Q1 2017.
- Funds reported $12.8M of Blackrock Municipal Bond Trust stock for Q2 2017, up 24% quarter-over-quarter.
- 3 funds opened new Blackrock Municipal Bond Trust positions in Q2 2017 and 2 closed out, a net change of +1 holder.
- The largest Blackrock Municipal Bond Trust buyer in Q2 2017 was Robinson Capital Management, an estimated $1.08M added.
- The largest Blackrock Municipal Bond Trust seller in Q2 2017 was LPL Financial, an estimated $181K sold.
Based on aggregated 13F filings for Q2 2017.