We are live on ! Find out more
BBN icon

BlackRock Taxable Municipal Bond Trust
BBN

128 hedge funds and large institutions have $374M invested in BlackRock Taxable Municipal Bond Trust in 2021 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 47 increasing their positions, 29 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

62% more repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 29

8% more capital invested

Capital invested by funds: $345M → $374M (+$29M)

0.11% more ownership

Funds ownership: 24.8% → 24.91% (+0.11%)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

1% less funds holding

Funds holding: 129 → 128 (-1)

7% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 15

Holders
128
Holders Change
-1
Holders Change %
-0.78%
% of All Funds
2.23%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
14
Increased
47
Reduced
29
Closed
15
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
UBS Group
UBS Group
Switzerland
+$3.74M
2
RCA
Reitz Capital Advisors
Michigan
+$2.68M
3
Invesco
Invesco
Georgia
+$2.38M
4
Baird Financial Group
Baird Financial Group
Wisconsin
+$2.07M
5
LPL Financial
LPL Financial
California
+$1.73M

Top Sellers

Rank Fund Capital Flow
1
Northern Trust
Northern Trust
Illinois
-$3.77M
2
SB
Simmons Bank
Arkansas
-$2.5M
3
LGA
Lebenthal Global Advisors
New York
-$2.02M
4
FFA
First Foundation Advisors
California
-$883K
5
BRWA
B. Riley Wealth Advisors
Florida
-$848K
Name Holding Trade Value Shares
Change 		Change in
Stake
ACA
51
Ackerman Capital Advisors
Texas
$972K +$466K +18,636 +98%
GLA
52
Good Life Advisors
Pennsylvania
$964K +$50.1K +2,002 +6%
LA
53
LexAurum Advisors
Kansas
$822K +$46.6K +1,862 +6%
SIC
54
Samalin Investment Counsel
New York
$812K +$77K +3,080 +11%
CA
55
Cetera Advisors
Colorado
$723K -$1.53K -61 -0.2%
CF
56
Centaurus Financial
California
$718K +$72.1K +2,884 +12%
PMG
57
ProVise Management Group
Florida
$703K +$16.3K +653 +2%
Stifel Financial
58
Stifel Financial
Missouri
$675K -$18.4K -737 -3%
PAG
59
Private Advisor Group
New Jersey
$646K +$107K +4,285 +21%
FMTCOCP
60
Farmers & Merchants Trust Co of Chambersburg PA
Pennsylvania
$645K – – –
LWAC
61
Laurel Wealth Advisors (California)
California
$585K – – –
SB
62
Simmons Bank
Arkansas
$559K -$2.5M -99,913 -82%
MAFM
63
Mid Atlantic Financial Management
Pennsylvania
$552K +$152K +6,063 +39%
UR
64
USCA RIA
Texas
$503K +$60K +2,400 +14%
GWSG
65
GPS Wealth Strategies Group
Colorado
$464K – – –
EM
66
ELCO Management
New York
$402K – – –
FCA
67
FinTrust Capital Advisors
South Carolina
$365K – – –
SRSA
68
S.R. Schill & Associates
Washington
$361K – – –
EIA
69
Edgemoor Investment Advisors
Maryland
$359K – – –
JP Morgan Chase
70
JP Morgan Chase
New York
$343K – – –
PAA
71
Peregrine Asset Advisers
Oregon
$343K +$500 +20 +0.2%
SAM
72
Secure Asset Management
Michigan
$335K -$25K -1,000 -7%
TGAM
73
TBH Global Asset Management
Tennessee
$330K – – –
Bank of New York Mellon
74
Bank of New York Mellon
New York
$330K +$320K +12,810 New
AWM
75
AE Wealth Management
Kansas
$320K +$311K +12,422 New
1 2
3
4 5

BBN Hedge Fund Activity: Q2 2021 in Review

128 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in BlackRock Taxable Municipal Bond Trust (BBN) for Q2 2021, worth a combined $374M — up 8.4% from $345M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of BBN and 14 opened new positions — a net loss of 1 holder — while 29 trimmed existing stakes and 47 added.

The largest buyer was UBS Group, adding an estimated $3.74M. The largest seller was Northern Trust, cutting an estimated $3.77M.

  • 128 institutional investors held BlackRock Taxable Municipal Bond Trust (BBN) as of Q2 2021, down from 129 in Q1 2021.
  • Funds reported $374M of BlackRock Taxable Municipal Bond Trust stock for Q2 2021, up 8.4% quarter-over-quarter.
  • 14 funds opened new BlackRock Taxable Municipal Bond Trust positions in Q2 2021 and 15 closed out, a net change of -1 holder.
  • The largest BlackRock Taxable Municipal Bond Trust buyer in Q2 2021 was UBS Group, an estimated $3.74M added.
  • The largest BlackRock Taxable Municipal Bond Trust seller in Q2 2021 was Northern Trust, an estimated $3.77M sold.

Based on aggregated 13F filings for Q2 2021.