Blackrock Municipal Bond Trust
BBK
BBK was delisted on the 5th of March, 2021.
26 hedge funds and large institutions have $12.4M invested in Blackrock Municipal Bond Trust in 2013 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 4 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
18% more capital invested
Capital invested by funds: $10.5M → $12.4M (+$1.85M)
4% less funds holding
Funds holding: 27 → 26 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$1.92M |
| 2 |
Morgan Stanley
New York
|
+$304K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$218K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$146K |
| 5 |
SG Americas Securities
New York
|
+$121K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$305K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$157K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$156K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$117K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$104K |
BBK Hedge Fund Activity: Q4 2013 in Review
26 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal Bond Trust (BBK) for Q4 2013, worth a combined $12.4M — up 18% from $10.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of BBK and 3 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 8 added.
The largest buyer was Invesco, adding an estimated $1.92M. The largest seller was Deutsche Bank, cutting an estimated $305K.
- 26 institutional investors held Blackrock Municipal Bond Trust (BBK) as of Q4 2013, down from 27 in Q3 2013.
- Funds reported $12.4M of Blackrock Municipal Bond Trust stock for Q4 2013, up 18% quarter-over-quarter.
- 3 funds opened new Blackrock Municipal Bond Trust positions in Q4 2013 and 4 closed out, a net change of -1 holder.
- The largest Blackrock Municipal Bond Trust buyer in Q4 2013 was Invesco, an estimated $1.92M added.
- The largest Blackrock Municipal Bond Trust seller in Q4 2013 was Deutsche Bank, an estimated $305K sold.
Based on aggregated 13F filings for Q4 2013.