We are live on ! Find out more
BBN icon

BlackRock Taxable Municipal Bond Trust
BBN

117 hedge funds and large institutions have $409M invested in BlackRock Taxable Municipal Bond Trust in 2025 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 36 increasing their positions, 36 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

27% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 11

11.4% more ownership

Funds ownership: 38.49% → 49.89% (+11%)

7% more capital invested

Capital invested by funds: $383M → $409M (+$26.2M)

0% more funds holding

Funds holding: 117 → 117 (0)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

0% more repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 36

Holders
117
Holders Change
–
Holders Change %
0%
% of All Funds
1.54%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
14
Increased
36
Reduced
36
Closed
11
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
GP
Gridiron Partners
Pennsylvania
+$100M
2
Bank of America
Bank of America
North Carolina
+$6.29M
3
SIA
Sit Investment Associates
Minnesota
+$5.6M
4
LPL Financial
LPL Financial
California
+$3.41M
5
EBWM
Eagle Bluffs Wealth Management
Missouri
+$2.6M

Top Sellers

Rank Fund Capital Flow
1
UBS Group
UBS Group
Switzerland
-$5.72M
2
KeyBank National Association
KeyBank National Association
Ohio
-$1.39M
3
RAM
Readystate Asset Management
Illinois
-$1.18M
4
Cambridge Investment Research Advisors
Cambridge Investment Research Advisors
Iowa
-$795K
5
Osaic Holdings
Osaic Holdings
Arizona
-$588K
Name Holding Trade Value Shares
Change 		Change in
Stake
Stifel Financial
26
Stifel Financial
Missouri
$1.49M +$174K +10,721 +14%
PWA
27
Primoris Wealth Advisors
Florida
$1.27M -$32.5K -2,000 -3%
Baird Financial Group
28
Baird Financial Group
Wisconsin
$1.13M +$264K +16,284 +32%
AF
29
Apexium Financial
Texas
$1.1M -$146K -8,979 -12%
FNBSF
30
First National Bank Sioux Falls
South Dakota
$970K – – –
SPIA
31
Steward Partners Investment Advisory
New York
$955K +$768K +47,341 +465%
SAI
32
Savvy Advisors Inc
New York
$935K -$87K -5,361 -9%
NWMP
33
Noble Wealth Management PBC
Colorado
$921K +$901K +55,497 New
NI
34
Natural Investments
California
$871K +$105K +6,498 +14%
RP
35
Riverbridge Partners
Minnesota
$845K +$11.2K +689 +1%
Janney Montgomery Scott
36
Janney Montgomery Scott
Pennsylvania
$837K +$229K +14,119 +39%
RAM
37
Readystate Asset Management
Illinois
$824K -$1.18M -72,818 -59%
Corient Private Wealth
38
Corient Private Wealth
Florida
$768K – – –
NA
39
NewEdge Advisors
Louisiana
$761K +$131K +8,088 +21%
AC
40
Addison Capital
Pennsylvania
$738K -$147K -9,030 -17%
Allspring Global Investments
41
Allspring Global Investments
North Carolina
$729K +$102K +6,304 +17%
KPWS
42
Kestra Private Wealth Services
Texas
$693K -$159K -9,795 -19%
Jane Street
43
Jane Street
New York
$687K +$672K +41,399 New
OCM
44
Orleans Capital Management
Louisiana
$668K -$247K -15,230 -27%
GC
45
Guggenheim Capital
Illinois
$667K -$21.3K -1,315 -3%
WAM
46
Walker Asset Management
Missouri
$649K -$81.1K -5,000 -11%
OIM
47
Oder Investment Management
California
$639K +$66.2K +4,082 +12%
Cetera Investment Advisers
48
Cetera Investment Advisers
Illinois
$623K +$137K +8,470 +29%
WS
49
Wedbush Securities
California
$623K -$8.08K -498 -1%
SMA
50
Seven Mile Advisory
New Jersey
$574K +$561K +34,563 New
1
2
3 4 5

BBN Hedge Fund Activity: Q3 2025 in Review

117 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in BlackRock Taxable Municipal Bond Trust (BBN) for Q3 2025, worth a combined $409M — up 6.8% from $383M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new BBN positions and 11 closed out — a net gain of 3 holders — while 36 added to existing stakes and 36 trimmed.

The largest buyer was Gridiron Partners, adding an estimated $100M. The largest seller was UBS Group, cutting an estimated $5.72M.

  • 117 institutional investors held BlackRock Taxable Municipal Bond Trust (BBN) as of Q3 2025, unchanged from Q2 2025.
  • Funds reported $409M of BlackRock Taxable Municipal Bond Trust stock for Q3 2025, up 6.8% quarter-over-quarter.
  • 14 funds opened new BlackRock Taxable Municipal Bond Trust positions in Q3 2025 and 11 closed out, a net change of +3 holders.
  • The largest BlackRock Taxable Municipal Bond Trust buyer in Q3 2025 was Gridiron Partners, an estimated $100M added.
  • The largest BlackRock Taxable Municipal Bond Trust seller in Q3 2025 was UBS Group, an estimated $5.72M sold.

Based on aggregated 13F filings for Q3 2025.