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BlackRock Taxable Municipal Bond Trust

123 hedge funds and large institutions have $339M invested in BlackRock Taxable Municipal Bond Trust in 2024 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 39 increasing their positions, 38 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

110% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 10

7% more funds holding

Funds holding: 115123 (+8)

3% more capital invested

Capital invested by funds: $330M → $339M (+$9.57M)

3% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 38

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.51% less ownership

Funds ownership: 34.07%33.56% (-0.51%)

Holders
123
Holders Change
+8
Holders Change %
+6.96%
% 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
39
Reduced
38
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Allspring Global Investments
51
Allspring Global Investments
North Carolina
$551K
GLA
52
Good Life Advisors
Pennsylvania
$523K -$442K -27,880 -47%
GP
53
Gridiron Partners
Pennsylvania
$499K -$31.5K -1,990 -6%
WAM
54
Wolverine Asset Management
Illinois
$497K +$420K +26,469 +679%
Bank of Montreal
55
Bank of Montreal
Ontario, Canada
$482K +$435K +27,467 New
USCWA
56
U.S. Capital Wealth Advisors
Texas
$482K -$57.1K -3,600 -11%
IWM
57
IHT Wealth Management
Illinois
$465K -$9.83K -620 -2%
SW
58
Simplicity Wealth
New Jersey
$412K +$400K +25,205 New
Cetera Investment Advisers
59
Cetera Investment Advisers
Illinois
$400K -$16.6K -1,047 -4%
SCM
60
Schnieders Capital Management
California
$394K -$217K -13,700 -36%
Nomura Holdings
61
Nomura Holdings
Japan
$379K +$79.3K +5,000 +27%
AUB
62
Atlantic Union Bankshares
Virginia
$367K -$238 -15 -0.1%
ICMP
63
Integrated Capital Management (Pennsylvania)
Pennsylvania
$353K +$343K +21,614 New
SA
64
SFI Advisors
New Jersey
$352K +$76.1K +4,799 +29%
Comerica Bank
65
Comerica Bank
Texas
$351K +$124K +7,852 +58%
BCM
66
Brookstone Capital Management
Illinois
$348K +$336K +21,222 New
IWC
67
Integrated Wealth Concepts
Massachusetts
$340K -$17.4K -1,100 -5%
FSI
68
Flow State Investments
Illinois
$332K +$322K +20,326 New
LA
69
LexAurum Advisors
Kansas
$331K -$18.1K -1,140 -5%
Calamos Advisors
70
Calamos Advisors
Illinois
$306K +$296K +18,695 New
DADC
71
D.A. Davidson & Co
Montana
$298K -$12.4K -783 -4%
ATS
72
Ashton Thomas Securities
New York
$296K +$287K +18,100 New
BOPW
73
Brandywine Oak Private Wealth
Pennsylvania
$294K
AWS
74
Atria Wealth Solutions
New York
$284K +$2K +126 +0.7%
WA
75
Waverly Advisors
Alabama
$270K

BBN Hedge Fund Activity: Q2 2024 in Review

123 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in BlackRock Taxable Municipal Bond Trust (BBN) for Q2 2024, worth a combined $339M — up 2.9% from $330M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new BBN positions and 10 closed out — a net gain of 11 holders — while 39 added to existing stakes and 38 trimmed.

The largest buyer was Envestnet Asset Management, adding an estimated $4.06M. The largest seller was Guggenheim Capital, exiting entirely with an estimated $13.1M sold.

  • 123 institutional investors held BlackRock Taxable Municipal Bond Trust (BBN) as of Q2 2024, up from 115 in Q1 2024.
  • Funds reported $339M of BlackRock Taxable Municipal Bond Trust stock for Q2 2024, up 2.9% quarter-over-quarter.
  • 21 funds opened new BlackRock Taxable Municipal Bond Trust positions in Q2 2024 and 10 closed out, a net change of +11 holders.
  • The largest BlackRock Taxable Municipal Bond Trust buyer in Q2 2024 was Envestnet Asset Management, an estimated $4.06M added.
  • The largest BlackRock Taxable Municipal Bond Trust seller in Q2 2024 was Guggenheim Capital, an estimated $13.1M sold.

Based on aggregated 13F filings for Q2 2024.