Blackrock Municipal Bond Trust
BBK
BBK was delisted on the 5th of March, 2021.
43 hedge funds and large institutions have $15.6M invested in Blackrock Municipal Bond Trust in 2018 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
9% more capital invested
Capital invested by funds: $14.4M → $15.6M (+$1.23M)
8% more funds holding
Funds holding: 40 → 43 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$928K |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$753K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$682K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$657K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$563K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$966K |
| 2 |
VCM
Virtue Capital Management
Brentwood,
Tennessee
|
-$230K |
| 3 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
-$228K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$226K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$205K |
BBK Hedge Fund Activity: Q1 2018 in Review
43 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal Bond Trust (BBK) for Q1 2018, worth a combined $15.6M — up 8.6% from $14.4M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BBK positions and 5 closed out — a net gain of 3 holders — while 13 added to existing stakes and 10 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $928K. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $966K sold.
- 43 institutional investors held Blackrock Municipal Bond Trust (BBK) as of Q1 2018, up from 40 in Q4 2017.
- Funds reported $15.6M of Blackrock Municipal Bond Trust stock for Q1 2018, up 8.6% quarter-over-quarter.
- 8 funds opened new Blackrock Municipal Bond Trust positions in Q1 2018 and 5 closed out, a net change of +3 holders.
- The largest Blackrock Municipal Bond Trust buyer in Q1 2018 was Cohen & Steers, an estimated $928K added.
- The largest Blackrock Municipal Bond Trust seller in Q1 2018 was Wolverine Asset Management, an estimated $966K sold.
Based on aggregated 13F filings for Q1 2018.