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BlackRock Taxable Municipal Bond Trust

124 hedge funds and large institutions have $359M invested in BlackRock Taxable Municipal Bond Trust in 2024 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 40 increasing their positions, 35 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 18

14% more repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 35

6% more capital invested

Capital invested by funds: $339M → $359M (+$19.5M)

1% more funds holding

Funds holding: 123124 (+1)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.99% less ownership

Funds ownership: 33.56%32.58% (-0.99%)

Holders
124
Holders Change
+1
Holders Change %
+0.81%
% of All Funds
1.78%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
21
Increased
40
Reduced
35
Closed
18
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AC
26
Addison Capital
Pennsylvania
$1.52M -$234K -13,486 -14%
WS
27
Wedbush Securities
California
$1.5M -$3.27K -189 -0.2%
KeyBank National Association
28
KeyBank National Association
Ohio
$1.42M -$8.66K -500 -0.6%
Cambridge Investment Research Advisors
29
Cambridge Investment Research Advisors
Iowa
$1.31M +$11.8K +679 +0.9%
OCM
30
Orleans Capital Management
Louisiana
$1.14M +$1.11M +64,140 New
FFA
31
Farther Finance Advisors
California
$1.09M +$43.5K +2,513 +4%
PA
32
PFG Advisors
Arizona
$1.04M +$1.01M +58,486 New
FNBSF
33
First National Bank Sioux Falls
South Dakota
$1.04M
HNWAG
34
High Net Worth Advisory Group
Florida
$1.02M +$1.13K +65 +0.1%
Cetera Investment Advisers
35
Cetera Investment Advisers
Illinois
$1.02M +$564K +32,585 +133%
Stifel Financial
36
Stifel Financial
Missouri
$995K -$433 -25 -0%
OIM
37
Oder Investment Management
California
$955K -$50K -2,884 -5%
Jane Street
38
Jane Street
New York
$942K +$915K +52,847 New
NMC
39
Nine Masts Capital
Hong Kong
$917K -$1.23M -70,822 -58%
WAM
40
Walker Asset Management
Missouri
$911K
Baird Financial Group
41
Baird Financial Group
Wisconsin
$900K +$26.8K +1,550 +3%
KPWS
42
Kestra Private Wealth Services
Texas
$847K +$5.28K +305 +0.6%
Focus Partners Wealth
43
Focus Partners Wealth
Massachusetts
$827K +$804K +46,400 New
Corient Private Wealth
44
Corient Private Wealth
Florida
$824K -$1.94K -112 -0.2%
PAG
45
Private Advisor Group
New Jersey
$782K -$5.92K -342 -0.8%
AFS
46
Access Financial Services
Minnesota
$773K -$156K -8,997 -17%
FFA
47
First Foundation Advisors
California
$699K
MIC
48
Meridian Investment Counsel
California
$630K -$31.2K -1,800 -5%
RP
49
Riverbridge Partners
Minnesota
$609K +$2.04K +118 +0.3%
Janney Montgomery Scott
50
Janney Montgomery Scott
Pennsylvania
$606K -$13.8K -794 -2%

BBN Hedge Fund Activity: Q3 2024 in Review

124 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in BlackRock Taxable Municipal Bond Trust (BBN) for Q3 2024, worth a combined $359M — up 5.7% from $339M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new BBN positions and 18 closed out — a net gain of 3 holders — while 40 added to existing stakes and 35 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $7.11M. The largest seller was Envestnet Asset Management, cutting an estimated $10.5M.

  • 124 institutional investors held BlackRock Taxable Municipal Bond Trust (BBN) as of Q3 2024, up from 123 in Q2 2024.
  • Funds reported $359M of BlackRock Taxable Municipal Bond Trust stock for Q3 2024, up 5.7% quarter-over-quarter.
  • 21 funds opened new BlackRock Taxable Municipal Bond Trust positions in Q3 2024 and 18 closed out, a net change of +3 holders.
  • The largest BlackRock Taxable Municipal Bond Trust buyer in Q3 2024 was Morgan Stanley, an estimated $7.11M added.
  • The largest BlackRock Taxable Municipal Bond Trust seller in Q3 2024 was Envestnet Asset Management, an estimated $10.5M sold.

Based on aggregated 13F filings for Q3 2024.