Blackrock Municipal Bond Trust
BBK
BBK was delisted on the 5th of March, 2021.
40 hedge funds and large institutions have $21.4M invested in Blackrock Municipal Bond Trust in 2019 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 12 increasing their positions, 7 reducing their positions, and 6 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 7
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
5% more funds holding
Funds holding: 38 → 40 (+2)
5% more capital invested
Capital invested by funds: $20.5M → $21.4M (+$947K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$871K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$766K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$426K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$390K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$310K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.27M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$790K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$192K |
| 4 |
Goldman Sachs
New York
|
-$163K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$157K |
BBK Hedge Fund Activity: Q4 2019 in Review
40 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal Bond Trust (BBK) for Q4 2019, worth a combined $21.4M — up 4.6% from $20.5M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new BBK positions and 6 closed out — a net gain of 3 holders — while 12 added to existing stakes and 7 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $871K. The largest seller was Robinson Capital Management, exiting entirely with an estimated $1.27M sold.
- 40 institutional investors held Blackrock Municipal Bond Trust (BBK) as of Q4 2019, up from 38 in Q3 2019.
- Funds reported $21.4M of Blackrock Municipal Bond Trust stock for Q4 2019, up 4.6% quarter-over-quarter.
- 9 funds opened new Blackrock Municipal Bond Trust positions in Q4 2019 and 6 closed out, a net change of +3 holders.
- The largest Blackrock Municipal Bond Trust buyer in Q4 2019 was Citadel Advisors, an estimated $871K added.
- The largest Blackrock Municipal Bond Trust seller in Q4 2019 was Robinson Capital Management, an estimated $1.27M sold.
Based on aggregated 13F filings for Q4 2019.