Blackrock Municipal Bond Trust
BBK
BBK was delisted on the 5th of March, 2021.
39 hedge funds and large institutions have $16.9M invested in Blackrock Municipal Bond Trust in 2018 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 7 reducing their positions, and 8 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 7
8% more capital invested
Capital invested by funds: $15.6M → $16.9M (+$1.32M)
9% less funds holding
Funds holding: 43 → 39 (-4)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.62M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$886K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$277K |
| 4 |
LCM
Laurion Capital Management
New York
|
+$226K |
| 5 |
LFS
Legacy Financial Strategies
Overland Park,
Kansas
|
+$193K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$827K |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$646K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$266K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$147K |
| 5 |
RWA
RGT Wealth Advisors
Dallas,
Texas
|
-$143K |
BBK Hedge Fund Activity: Q2 2018 in Review
39 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal Bond Trust (BBK) for Q2 2018, worth a combined $16.9M — up 8.5% from $15.6M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of BBK and 4 opened new positions — a net loss of 4 holders — while 7 trimmed existing stakes and 12 added.
The largest buyer was Morgan Stanley, adding an estimated $1.62M. The largest seller was Advisors Asset Management, exiting entirely with an estimated $827K sold.
- 39 institutional investors held Blackrock Municipal Bond Trust (BBK) as of Q2 2018, down from 43 in Q1 2018.
- Funds reported $16.9M of Blackrock Municipal Bond Trust stock for Q2 2018, up 8.5% quarter-over-quarter.
- 4 funds opened new Blackrock Municipal Bond Trust positions in Q2 2018 and 8 closed out, a net change of -4 holders.
- The largest Blackrock Municipal Bond Trust buyer in Q2 2018 was Morgan Stanley, an estimated $1.62M added.
- The largest Blackrock Municipal Bond Trust seller in Q2 2018 was Advisors Asset Management, an estimated $827K sold.
Based on aggregated 13F filings for Q2 2018.