Blackrock Municipal Bond Trust
BBK
BBK was delisted on the 5th of March, 2021.
37 hedge funds and large institutions have $13.7M invested in Blackrock Municipal Bond Trust in 2017 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
12% more funds holding
Funds holding: 33 → 37 (+4)
7% more capital invested
Capital invested by funds: $12.8M → $13.7M (+$842K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$1.75M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$1.17M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$447K |
| 4 |
William Blair & Company
Chicago,
Illinois
|
+$344K |
| 5 |
PMG
ProVise Management Group
Clearwater,
Florida
|
+$197K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$966K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$321K |
| 3 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
-$197K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$181K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$91K |
BBK Hedge Fund Activity: Q3 2017 in Review
37 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal Bond Trust (BBK) for Q3 2017, worth a combined $13.7M — up 6.6% from $12.8M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BBK positions and 4 closed out — a net gain of 4 holders — while 10 added to existing stakes and 8 trimmed.
The largest buyer was Northern Trust, opening a new position worth an estimated $1.75M. The largest seller was Robinson Capital Management, cutting an estimated $966K.
- 37 institutional investors held Blackrock Municipal Bond Trust (BBK) as of Q3 2017, up from 33 in Q2 2017.
- Funds reported $13.7M of Blackrock Municipal Bond Trust stock for Q3 2017, up 6.6% quarter-over-quarter.
- 8 funds opened new Blackrock Municipal Bond Trust positions in Q3 2017 and 4 closed out, a net change of +4 holders.
- The largest Blackrock Municipal Bond Trust buyer in Q3 2017 was Northern Trust, an estimated $1.75M added.
- The largest Blackrock Municipal Bond Trust seller in Q3 2017 was Robinson Capital Management, an estimated $966K sold.
Based on aggregated 13F filings for Q3 2017.