Blackrock Municipal Bond Trust
BBK
BBK was delisted on the 5th of March, 2021.
34 hedge funds and large institutions have $13.5M invested in Blackrock Municipal Bond Trust in 2016 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 17 increasing their positions, 3 reducing their positions, and 4 closing their positions.
467% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 3
15% more capital invested
Capital invested by funds: $11.7M → $13.5M (+$1.73M)
3% less funds holding
Funds holding: 35 → 34 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.05M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$453K |
| 3 |
PMG
ProVise Management Group
Clearwater,
Florida
|
+$299K |
| 4 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
+$229K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$186K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$642K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$215K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
-$157K |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$87K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$59K |
BBK Hedge Fund Activity: Q3 2016 in Review
34 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal Bond Trust (BBK) for Q3 2016, worth a combined $13.5M — up 15% from $11.7M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of BBK and 3 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 17 added.
The largest buyer was Advisors Asset Management, adding an estimated $1.05M. The largest seller was Robinson Capital Management, cutting an estimated $642K.
- 34 institutional investors held Blackrock Municipal Bond Trust (BBK) as of Q3 2016, down from 35 in Q2 2016.
- Funds reported $13.5M of Blackrock Municipal Bond Trust stock for Q3 2016, up 15% quarter-over-quarter.
- 3 funds opened new Blackrock Municipal Bond Trust positions in Q3 2016 and 4 closed out, a net change of -1 holder.
- The largest Blackrock Municipal Bond Trust buyer in Q3 2016 was Advisors Asset Management, an estimated $1.05M added.
- The largest Blackrock Municipal Bond Trust seller in Q3 2016 was Robinson Capital Management, an estimated $642K sold.
Based on aggregated 13F filings for Q3 2016.