Blackrock Municipal Bond Trust
BBK
BBK was delisted on the 5th of March, 2021.
35 hedge funds and large institutions have $11.7M invested in Blackrock Municipal Bond Trust in 2016 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
9% more funds holding
Funds holding: 32 → 35 (+3)
0.65% less ownership
Funds ownership: 6.86% → 6.22% (-0.65%)
28% less capital inflows, than outflows
Capital inflows: $2.82M | Capital outflows: $3.94M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.14M |
| 2 |
William Blair & Company
Chicago,
Illinois
|
+$454K |
| 3 |
Advisors Asset Management
Monument,
Colorado
|
+$453K |
| 4 |
IFP Advisors
Tampa,
Florida
|
+$186K |
| 5 |
ProVise Management Group
Clearwater,
Florida
|
+$117K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$1.16M |
| 2 |
LPL Financial
San Diego,
California
|
-$919K |
| 3 |
Cohen & Steers
New York
|
-$798K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$672K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$168K |
BBK Hedge Fund Activity: Q2 2016 in Review
35 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal Bond Trust (BBK) for Q2 2016, worth a combined $11.7M — down 4.7% from $12.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BBK positions and 4 closed out — a net gain of 3 holders — while 9 added to existing stakes and 7 trimmed.
The largest buyer was Robinson Capital Management, opening a new position worth an estimated $1.14M. The largest seller was Fiera Capital (Canada), exiting entirely with an estimated $1.16M sold.
- 35 institutional investors held Blackrock Municipal Bond Trust (BBK) as of Q2 2016, up from 32 in Q1 2016.
- Funds reported $11.7M of Blackrock Municipal Bond Trust stock for Q2 2016, down 4.7% quarter-over-quarter.
- 7 funds opened new Blackrock Municipal Bond Trust positions in Q2 2016 and 4 closed out, a net change of +3 holders.
- The largest Blackrock Municipal Bond Trust buyer in Q2 2016 was Robinson Capital Management, an estimated $1.14M added.
- The largest Blackrock Municipal Bond Trust seller in Q2 2016 was Fiera Capital (Canada), an estimated $1.16M sold.
Based on aggregated 13F filings for Q2 2016.