Blackrock Municipal Bond Trust
BBK
BBK was delisted on the 5th of March, 2021.
33 hedge funds and large institutions have $22.4M invested in Blackrock Municipal Bond Trust in 2020 Q2 according to their latest regulatory filings, with 1 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
5% more capital invested
Capital invested by funds: $21.3M → $22.4M (+$1.08M)
13% less funds holding
Funds holding: 38 → 33 (-5)
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$907K |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$322K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$303K |
| 4 |
MSL
Mackay Shields LLC
New York
|
+$229K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$183K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.31M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.1M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$436K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$264K |
| 5 |
Cohen & Steers
New York
|
-$252K |
BBK Hedge Fund Activity: Q2 2020 in Review
33 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal Bond Trust (BBK) for Q2 2020, worth a combined $22.4M — up 5% from $21.3M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of BBK and 1 opened new positions — a net loss of 5 holders — while 8 trimmed existing stakes and 17 added.
The largest buyer was UBS Group, adding an estimated $907K. The largest seller was Osaic Holdings, cutting an estimated $1.31M.
- 33 institutional investors held Blackrock Municipal Bond Trust (BBK) as of Q2 2020, down from 38 in Q1 2020.
- Funds reported $22.4M of Blackrock Municipal Bond Trust stock for Q2 2020, up 5% quarter-over-quarter.
- 1 fund opened new Blackrock Municipal Bond Trust positions in Q2 2020 and 6 closed out, a net change of -5 holders.
- The largest Blackrock Municipal Bond Trust buyer in Q2 2020 was UBS Group, an estimated $907K added.
- The largest Blackrock Municipal Bond Trust seller in Q2 2020 was Osaic Holdings, an estimated $1.31M sold.
Based on aggregated 13F filings for Q2 2020.