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BBK

Blackrock Municipal Bond Trust

Delisted

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

34 hedge funds and large institutions have $27.3M invested in Blackrock Municipal Bond Trust in 2020 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 7 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

114% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 7

50% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 4

22% more capital invested

Capital invested by funds: $22.4M → $27.3M (+$4.91M)

3% more funds holding

Funds holding: 3334 (+1)

Holders
34
Holders Change
+1
Holders Change %
+3.03%
% of All Funds
0.6%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
15
Reduced
7
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$3.28M +$103K +6,542 +3%
GC
2
Guggenheim Capital
Illinois
$2.92M +$583K +36,888 +25%
KAS
3
Kestra Advisory Services
Texas
$2.58M +$2.55M +161,149 New
PMG
4
ProVise Management Group
Florida
$2.57M +$96.5K +6,100 +4%
AAM
5
Advisors Asset Management
Colorado
$2.49M +$87.3K +5,520 +4%
UBS Group
6
UBS Group
Switzerland
$2.11M +$41.1K +2,596 +2%
Wells Fargo
7
Wells Fargo
California
$1.51M +$33.3K +2,104 +2%
Invesco
8
Invesco
Georgia
$1.5M -$193K -12,200 -12%
MSL
9
Mackay Shields LLC
New York
$1.23M
Envestnet Asset Management
10
Envestnet Asset Management
Illinois
$858K +$29.3K +1,854 +4%
PAS
11
Park Avenue Securities
New York
$766K +$46.3K +2,925 +7%
Bank of America
12
Bank of America
North Carolina
$593K +$8.98K +568 +2%
VanEck Associates
13
VanEck Associates
New York
$547K -$165K -10,419 -23%
ABC
14
Associated Banc-Corp
Wisconsin
$541K +$59K +3,730 +12%
WDC
15
Woodward Diversified Capital
California
$486K +$479K +30,280 New
Northwestern Mutual Wealth Management
16
Northwestern Mutual Wealth Management
Wisconsin
$448K
MWM
17
Meridian Wealth Management
Kentucky
$371K +$366K +23,118 New
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$366K +$1.79K +113 +0.5%
OC
19
Oppenheimer & Co
New York
$339K +$102K +6,473 +44%
CFGS
20
Concourse Financial Group Securities
Alabama
$250K +$107K +6,741 +77%
CIA
21
Capital Investment Advisors
Georgia
$207K
LPL Financial
22
LPL Financial
California
$198K -$7.88K -498 -4%
ECM
23
Evergreen Capital Management
Washington
$195K -$7.91K -500 -4%
Stifel Financial
24
Stifel Financial
Missouri
$184K +$1.82K +115 +1%
AWG
25
Altus Wealth Group
Colorado
$179K +$176K +11,125 New

BBK Hedge Fund Activity: Q4 2020 in Review

34 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal Bond Trust (BBK) for Q4 2020, worth a combined $27.3M — up 22% from $22.4M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new BBK positions and 4 closed out — a net gain of 2 holders — while 15 added to existing stakes and 7 trimmed.

The largest buyer was Kestra Advisory Services, opening a new position worth an estimated $2.55M. The largest seller was Nuveen, exiting entirely with an estimated $235K sold.

  • 34 institutional investors held Blackrock Municipal Bond Trust (BBK) as of Q4 2020, up from 33 in Q3 2020.
  • Funds reported $27.3M of Blackrock Municipal Bond Trust stock for Q4 2020, up 22% quarter-over-quarter.
  • 6 funds opened new Blackrock Municipal Bond Trust positions in Q4 2020 and 4 closed out, a net change of +2 holders.
  • The largest Blackrock Municipal Bond Trust buyer in Q4 2020 was Kestra Advisory Services, an estimated $2.55M added.
  • The largest Blackrock Municipal Bond Trust seller in Q4 2020 was Nuveen, an estimated $235K sold.

Based on aggregated 13F filings for Q4 2020.