Blackrock Municipal Bond Trust
BBK
BBK was delisted on the 5th of March, 2021.
38 hedge funds and large institutions have $20.5M invested in Blackrock Municipal Bond Trust in 2019 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 17 increasing their positions, 8 reducing their positions, and 6 closing their positions.
113% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 8
0% more capital invested
Capital invested by funds: $20.4M → $20.5M (+$10.6K)
7% less funds holding
Funds holding: 41 → 38 (-3)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$734K |
| 2 |
Morgan Stanley
New York
|
+$456K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$247K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$194K |
| 5 |
Goldman Sachs
New York
|
+$162K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.42M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$691K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$331K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$199K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
-$161K |
BBK Hedge Fund Activity: Q3 2019 in Review
38 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal Bond Trust (BBK) for Q3 2019, worth a combined $20.5M — up 0.05% from $20.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of BBK and 3 opened new positions — a net loss of 3 holders — while 8 trimmed existing stakes and 17 added.
The largest buyer was Advisors Asset Management, adding an estimated $734K. The largest seller was Robinson Capital Management, cutting an estimated $1.42M.
- 38 institutional investors held Blackrock Municipal Bond Trust (BBK) as of Q3 2019, down from 41 in Q2 2019.
- Funds reported $20.5M of Blackrock Municipal Bond Trust stock for Q3 2019, up 0.05% quarter-over-quarter.
- 3 funds opened new Blackrock Municipal Bond Trust positions in Q3 2019 and 6 closed out, a net change of -3 holders.
- The largest Blackrock Municipal Bond Trust buyer in Q3 2019 was Advisors Asset Management, an estimated $734K added.
- The largest Blackrock Municipal Bond Trust seller in Q3 2019 was Robinson Capital Management, an estimated $1.42M sold.
Based on aggregated 13F filings for Q3 2019.