Blackrock Municipal Bond Trust
BBK
BBK was delisted on the 5th of March, 2021.
41 hedge funds and large institutions have $20.4M invested in Blackrock Municipal Bond Trust in 2019 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 7 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
157% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 7
12% more capital invested
Capital invested by funds: $18.3M → $20.4M (+$2.19M)
11% more funds holding
Funds holding: 37 → 41 (+4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.29M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$803K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$489K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$299K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$278K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$1.33M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$526K |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$386K |
| 4 |
Cohen & Steers
New York
|
-$180K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$46.6K |
BBK Hedge Fund Activity: Q2 2019 in Review
41 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal Bond Trust (BBK) for Q2 2019, worth a combined $20.4M — up 12% from $18.3M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BBK positions and 2 closed out — a net gain of 4 holders — while 18 added to existing stakes and 7 trimmed.
The largest buyer was Robinson Capital Management, adding an estimated $1.29M. The largest seller was Fiera Capital (Canada), cutting an estimated $1.33M.
- 41 institutional investors held Blackrock Municipal Bond Trust (BBK) as of Q2 2019, up from 37 in Q1 2019.
- Funds reported $20.4M of Blackrock Municipal Bond Trust stock for Q2 2019, up 12% quarter-over-quarter.
- 6 funds opened new Blackrock Municipal Bond Trust positions in Q2 2019 and 2 closed out, a net change of +4 holders.
- The largest Blackrock Municipal Bond Trust buyer in Q2 2019 was Robinson Capital Management, an estimated $1.29M added.
- The largest Blackrock Municipal Bond Trust seller in Q2 2019 was Fiera Capital (Canada), an estimated $1.33M sold.
Based on aggregated 13F filings for Q2 2019.