Blackrock Municipal Bond Trust
BBK
BBK was delisted on the 5th of March, 2021.
37 hedge funds and large institutions have $18.3M invested in Blackrock Municipal Bond Trust in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
33% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 9
3% more funds holding
Funds holding: 36 → 37 (+1)
2% less capital invested
Capital invested by funds: $18.6M → $18.3M (-$328K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.22M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.03M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$378K |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$154K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$150K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.25M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$1.1M |
| 3 |
Cohen & Steers
New York
|
-$546K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$370K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$331K |
BBK Hedge Fund Activity: Q1 2019 in Review
37 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal Bond Trust (BBK) for Q1 2019, worth a combined $18.3M — down 1.8% from $18.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BBK positions and 4 closed out — a net gain of 2 holders — while 12 added to existing stakes and 9 trimmed.
The largest buyer was Robinson Capital Management, opening a new position worth an estimated $1.22M. The largest seller was Bank of Montreal, exiting entirely with an estimated $1.25M sold.
- 37 institutional investors held Blackrock Municipal Bond Trust (BBK) as of Q1 2019, up from 36 in Q4 2018.
- Funds reported $18.3M of Blackrock Municipal Bond Trust stock for Q1 2019, down 1.8% quarter-over-quarter.
- 6 funds opened new Blackrock Municipal Bond Trust positions in Q1 2019 and 4 closed out, a net change of +2 holders.
- The largest Blackrock Municipal Bond Trust buyer in Q1 2019 was Robinson Capital Management, an estimated $1.22M added.
- The largest Blackrock Municipal Bond Trust seller in Q1 2019 was Bank of Montreal, an estimated $1.25M sold.
Based on aggregated 13F filings for Q1 2019.