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BBK

Blackrock Municipal Bond Trust

Delisted

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

38 hedge funds and large institutions have $21.3M invested in Blackrock Municipal Bond Trust in 2020 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 8 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

88% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 8

0% less capital invested

Capital invested by funds: $21.4M → $21.3M (-$79K)

5% less funds holding

Funds holding: 4038 (-2)

10% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 10

Holders
38
Holders Change
-2
Holders Change %
-5%
% of All Funds
0.84%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
15
Reduced
8
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$2.82M -$655K -42,910 -18%
GC
2
Guggenheim Capital
Illinois
$2.02M +$444K +29,070 +26%
PMG
3
ProVise Management Group
Florida
$1.93M +$7.25K +475 +0.4%
Wells Fargo
4
Wells Fargo
California
$1.46M -$28.5K -1,864 -2%
AAM
5
Advisors Asset Management
Colorado
$1.36M +$244K +16,006 +20%
MSL
6
Mackay Shields LLC
New York
$1.15M +$1.23M +80,403 New
KIM
7
Karpus Investment Management
New York
$1.1M +$1.18M +76,940 New
UBS Group
8
UBS Group
Switzerland
$868K -$15K -981 -2%
Invesco
9
Invesco
Georgia
$825K +$461K +30,178 +110%
Cohen & Steers
10
Cohen & Steers
New York
$806K +$701K +45,916 +438%
Envestnet Asset Management
11
Envestnet Asset Management
Illinois
$744K +$128K +8,363 +19%
VanEck Associates
12
VanEck Associates
New York
$621K -$89.4K -5,853 -12%
Bank of America
13
Bank of America
North Carolina
$494K +$15.8K +1,036 +3%
PAS
14
Park Avenue Securities
New York
$483K +$108K +7,098 +27%
RJA
15
Raymond James & Associates
Florida
$436K +$75.5K +4,944 +19%
ABC
16
Associated Banc-Corp
Wisconsin
$436K +$466K +30,500 New
SIA
17
Sit Investment Associates
Minnesota
$400K -$180K -11,754 -30%
Northwestern Mutual Wealth Management
18
Northwestern Mutual Wealth Management
Wisconsin
$338K +$140K +9,146 +63%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$325K +$4.93K +323 +1%
HighTower Advisors
20
HighTower Advisors
Illinois
$278K +$11.3K +737 +4%
AA
21
AQR Arbitrage
Connecticut
$264K +$282K +18,452 New
PAG
22
Private Advisor Group
New Jersey
$236K +$351 +23 +0.1%
N
23
Nuveen
North Carolina
$221K
Mercer Global Advisors
24
Mercer Global Advisors
Colorado
$207K -$38.5K -2,522 -15%
ECM
25
Evergreen Capital Management
Washington
$181K

BBK Hedge Fund Activity: Q1 2020 in Review

38 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal Bond Trust (BBK) for Q1 2020, worth a combined $21.3M — down 0.37% from $21.4M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of BBK and 9 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 15 added.

The largest buyer was Mackay Shields LLC, opening a new position worth an estimated $1.23M. The largest seller was Fiera Capital (Canada), exiting entirely with an estimated $2.23M sold.

  • 38 institutional investors held Blackrock Municipal Bond Trust (BBK) as of Q1 2020, down from 40 in Q4 2019.
  • Funds reported $21.3M of Blackrock Municipal Bond Trust stock for Q1 2020, down 0.37% quarter-over-quarter.
  • 9 funds opened new Blackrock Municipal Bond Trust positions in Q1 2020 and 10 closed out, a net change of -1 holder.
  • The largest Blackrock Municipal Bond Trust buyer in Q1 2020 was Mackay Shields LLC, an estimated $1.23M added.
  • The largest Blackrock Municipal Bond Trust seller in Q1 2020 was Fiera Capital (Canada), an estimated $2.23M sold.

Based on aggregated 13F filings for Q1 2020.