Blackrock Municipal Bond Trust
BBK
BBK was delisted on the 5th of March, 2021.
40 hedge funds and large institutions have $14.4M invested in Blackrock Municipal Bond Trust in 2017 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 7 closing their positions.
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
8% more funds holding
Funds holding: 37 → 40 (+3)
5% more capital invested
Capital invested by funds: $13.7M → $14.4M (+$708K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$970K |
| 2 |
LNC
Lincoln National Corp
Radnor,
Pennsylvania
|
+$229K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$211K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$206K |
| 5 |
Cohen & Steers
New York
|
+$146K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$777K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$438K |
| 3 |
William Blair & Company
Chicago,
Illinois
|
-$337K |
| 4 |
SCA
Snowden Capital Advisors
New York
|
-$207K |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$181K |
BBK Hedge Fund Activity: Q4 2017 in Review
40 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal Bond Trust (BBK) for Q4 2017, worth a combined $14.4M — up 5.2% from $13.7M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new BBK positions and 7 closed out — a net gain of 3 holders — while 10 added to existing stakes and 7 trimmed.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $970K. The largest seller was Robinson Capital Management, exiting entirely with an estimated $777K sold.
- 40 institutional investors held Blackrock Municipal Bond Trust (BBK) as of Q4 2017, up from 37 in Q3 2017.
- Funds reported $14.4M of Blackrock Municipal Bond Trust stock for Q4 2017, up 5.2% quarter-over-quarter.
- 10 funds opened new Blackrock Municipal Bond Trust positions in Q4 2017 and 7 closed out, a net change of +3 holders.
- The largest Blackrock Municipal Bond Trust buyer in Q4 2017 was Wolverine Asset Management, an estimated $970K added.
- The largest Blackrock Municipal Bond Trust seller in Q4 2017 was Robinson Capital Management, an estimated $777K sold.
Based on aggregated 13F filings for Q4 2017.