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BlackRock Taxable Municipal Bond Trust

122 hedge funds and large institutions have $385M invested in BlackRock Taxable Municipal Bond Trust in 2023 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 42 increasing their positions, 42 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

35% more capital invested

Capital invested by funds: $285M → $385M (+$99.5M)

8.2% more ownership

Funds ownership: 31.79%39.98% (+8.2%)

0% more funds holding

Funds holding: 122122 (0)

0% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 17

0% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 42

Holders
122
Holders Change
Holders Change %
0%
% of All Funds
1.78%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.04%
New
17
Increased
42
Reduced
42
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
TW
51
Transform Wealth
Colorado
$605K
PAG
52
Private Advisor Group
New Jersey
$579K -$3.07K -198 -0.6%
LSC
53
Logan Stone Capital
Illinois
$553K +$528K +34,018 New
Janney Montgomery Scott
54
Janney Montgomery Scott
Pennsylvania
$547K -$59.1K -3,811 -10%
TC
55
TownSquare Capital
Utah
$536K -$76.1K -4,909 -13%
IWM
56
IHT Wealth Management
Illinois
$498K -$4.71K -304 -1%
AUB
57
Atlantic Union Bankshares
Virginia
$487K -$4.65K -300 -1%
Wealth Enhancement Advisory Services
58
Wealth Enhancement Advisory Services
Minnesota
$454K -$110K -7,123 -20%
ASN
59
Advisory Services Network
Georgia
$432K +$412K +26,550 New
EC
60
Elequin Capital
New York
$403K +$274K +17,648 +248%
IWC
61
Integrated Wealth Concepts
Massachusetts
$356K -$9.15K -590 -3%
LA
62
LexAurum Advisors
Kansas
$354K -$117K -7,540 -26%
Allspring Global Investments
63
Allspring Global Investments
North Carolina
$326K -$17.8K -1,145 -5%
CFG
64
Cooper Financial Group
California
$318K -$107K -6,917 -26%
DADC
65
D.A. Davidson & Co
Montana
$315K +$19K +1,223 +7%
BMCM
66
Bryn Mawr Capital Management
Pennsylvania
$309K -$7.77K -501 -3%
VF
67
Virtu Financial
New York
$299K +$285K +18,369 New
RP
68
Riverbridge Partners
Minnesota
$297K +$2.06K +133 +0.7%
SWP
69
Stratos Wealth Partners
Ohio
$296K -$653K -42,102 -70%
BOPW
70
Brandywine Oak Private Wealth
Pennsylvania
$293K +$38.8K +2,500 +16%
Nomura Holdings
71
Nomura Holdings
Japan
$285K +$272K +17,543 New
AWS
72
Atria Wealth Solutions
New York
$279K -$22.6K -1,460 -8%
SRSA
73
S.R. Schill & Associates
Washington
$272K
WA
74
Waverly Advisors
Alabama
$260K +$12.4K +800 +5%
MWM
75
Melfa Wealth Management
Massachusetts
$243K +$1.16K +75 +0.5%

BBN Hedge Fund Activity: Q4 2023 in Review

122 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in BlackRock Taxable Municipal Bond Trust (BBN) for Q4 2023, worth a combined $385M — up 35% from $285M a quarter earlier.

Fund positioning in BBN was balanced in Q4 2023: 17 funds opened new positions, 17 closed out, 42 added to existing stakes and 42 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $71.8M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $4.07M sold.

  • 122 institutional investors held BlackRock Taxable Municipal Bond Trust (BBN) as of Q4 2023, unchanged from Q3 2023.
  • Funds reported $385M of BlackRock Taxable Municipal Bond Trust stock for Q4 2023, up 35% quarter-over-quarter.
  • 17 funds opened new BlackRock Taxable Municipal Bond Trust positions in Q4 2023 and 17 closed out, a net change of 0 holders.
  • The largest BlackRock Taxable Municipal Bond Trust buyer in Q4 2023 was Morgan Stanley, an estimated $71.8M added.
  • The largest BlackRock Taxable Municipal Bond Trust seller in Q4 2023 was Rivernorth Capital Management, an estimated $4.07M sold.

Based on aggregated 13F filings for Q4 2023.