Blackrock Municipal Bond Trust
BBK
BBK was delisted on the 5th of March, 2021.
34 hedge funds and large institutions have $10.8M invested in Blackrock Municipal Bond Trust in 2016 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 11 reducing their positions, and 5 closing their positions.
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
3% less funds holding
Funds holding: 35 → 34 (-1)
21% less capital invested
Capital invested by funds: $13.6M → $10.8M (-$2.8M)
36% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$363K |
| 2 |
RWA
RGT Wealth Advisors
Dallas,
Texas
|
+$278K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$162K |
| 4 |
SL
Summitry LLC
Foster City,
California
|
+$159K |
| 5 |
TWA
TCI Wealth Advisors
Tucson,
Arizona
|
+$127K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$539K |
| 2 |
William Blair & Company
Chicago,
Illinois
|
-$467K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$138K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$120K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$112K |
BBK Hedge Fund Activity: Q4 2016 in Review
34 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal Bond Trust (BBK) for Q4 2016, worth a combined $10.8M — down 21% from $13.6M a quarter earlier.
Fund positioning in BBK was balanced in Q4 2016: 5 funds opened new positions, 5 closed out, 7 added to existing stakes and 11 trimmed.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $363K. The largest seller was Robinson Capital Management, exiting entirely with an estimated $539K sold.
- 34 institutional investors held Blackrock Municipal Bond Trust (BBK) as of Q4 2016, down from 35 in Q3 2016.
- Funds reported $10.8M of Blackrock Municipal Bond Trust stock for Q4 2016, down 21% quarter-over-quarter.
- 5 funds opened new Blackrock Municipal Bond Trust positions in Q4 2016 and 5 closed out, a net change of 0 holders.
- The largest Blackrock Municipal Bond Trust buyer in Q4 2016 was Laurion Capital Management, an estimated $363K added.
- The largest Blackrock Municipal Bond Trust seller in Q4 2016 was Robinson Capital Management, an estimated $539K sold.
Based on aggregated 13F filings for Q4 2016.