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BBK

Blackrock Municipal Bond Trust

Delisted

BBK was delisted on the 5th of March, 2021.

43 hedge funds and large institutions have $15.6M invested in Blackrock Municipal Bond Trust in 2018 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 5

30% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 10

9% more capital invested

Capital invested by funds: $14.4M → $15.6M (+$1.23M)

8% more funds holding

Funds holding: 4043 (+3)

Holders
43
Holders Change
+3
Holders Change %
+7.5%
% of All Funds
0.99%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
13
Reduced
10
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PMG
1
ProVise Management Group
Florida
$1.96M +$57.6K +3,955 +3%
Fiera Capital (Canada)
2
Fiera Capital (Canada)
Quebec, Canada
$1.82M +$753K +51,689 +68%
Bank of Montreal
3
Bank of Montreal
Ontario, Canada
$1.34M
Cohen & Steers
4
Cohen & Steers
New York
$1.05M +$928K +63,701 +662%
Morgan Stanley
5
Morgan Stanley
New York
$1.02M -$86.9K -5,966 -8%
AAM
6
Advisors Asset Management
Colorado
$827K -$29.3K -2,012 -3%
Invesco
7
Invesco
Georgia
$670K +$682K +46,816 New
RCM
8
Robinson Capital Management
Michigan
$646K +$657K +45,111 New
Bank of America
9
Bank of America
North Carolina
$592K +$16.2K +1,112 +3%
RJA
10
Raymond James & Associates
Florida
$557K -$9.75K -669 -2%
GC
11
Guggenheim Capital
Illinois
$553K +$563K +38,642 New
VanEck Associates
12
VanEck Associates
New York
$409K -$8.92K -612 -2%
UBS Group
13
UBS Group
Switzerland
$381K -$109K -7,452 -22%
LFS
14
Legacy Financial Strategies
Kansas
$352K +$42.4K +2,911 +13%
RJFSA
15
Raymond James Financial Services Advisors
Florida
$266K
BIM
16
Bridgecreek Investment Management
Oklahoma
$233K +$18.2K +1,250 +8%
N
17
Nuveen
North Carolina
$221K
LCM
18
Landscape Capital Management
New Jersey
$202K +$205K +14,092 New
HighTower Advisors
19
HighTower Advisors
Illinois
$200K +$7.29K +500 +4%
LPL Financial
20
LPL Financial
California
$185K -$17K -1,167 -8%
ECM
21
Evergreen Capital Management
Washington
$181K
AA
22
AQR Arbitrage
Connecticut
$178K +$181K +12,411 New
CIA
23
Capital Investment Advisors
Georgia
$177K
FAAS
24
First Allied Advisory Services
California
$168K
PAS
25
Park Avenue Securities
New York
$160K +$163K +11,172 New

BBK Hedge Fund Activity: Q1 2018 in Review

43 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal Bond Trust (BBK) for Q1 2018, worth a combined $15.6M — up 8.6% from $14.4M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new BBK positions and 5 closed out — a net gain of 3 holders — while 13 added to existing stakes and 10 trimmed.

The largest buyer was Cohen & Steers, adding an estimated $928K. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $966K sold.

  • 43 institutional investors held Blackrock Municipal Bond Trust (BBK) as of Q1 2018, up from 40 in Q4 2017.
  • Funds reported $15.6M of Blackrock Municipal Bond Trust stock for Q1 2018, up 8.6% quarter-over-quarter.
  • 8 funds opened new Blackrock Municipal Bond Trust positions in Q1 2018 and 5 closed out, a net change of +3 holders.
  • The largest Blackrock Municipal Bond Trust buyer in Q1 2018 was Cohen & Steers, an estimated $928K added.
  • The largest Blackrock Municipal Bond Trust seller in Q1 2018 was Wolverine Asset Management, an estimated $966K sold.

Based on aggregated 13F filings for Q1 2018.