We are live on ! Find out more
BBN icon

BlackRock Taxable Municipal Bond Trust
BBN

122 hedge funds and large institutions have $725M invested in BlackRock Taxable Municipal Bond Trust in 2024 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 33 increasing their positions, 38 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

102% more capital invested

Capital invested by funds: $359M → $725M (+$366M)

3.65% more ownership

Funds ownership: 32.58% → 36.23% (+3.6%)

10% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 21

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

2% less funds holding

Funds holding: 124 → 122 (-2)

13% less repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 38

Holders
122
Holders Change
-2
Holders Change %
-1.61%
% of All Funds
1.61%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
23
Increased
33
Reduced
38
Closed
21
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SIA
Sit Investment Associates
Minnesota
+$18.6M
2
EBWM
Eagle Bluffs Wealth Management
Missouri
+$5.32M
3
SG
StoneX Group
New York
+$3.27M
4
Ameriprise
Ameriprise
Minnesota
+$3.24M
5
Invesco
Invesco
Georgia
+$3.05M

Top Sellers

Rank Fund Capital Flow
1
HighTower Advisors
HighTower Advisors
Illinois
-$4.84M
2
Morgan Stanley
Morgan Stanley
New York
-$1.51M
3
PA
PFG Advisors
Arizona
-$1.04M
4
HNWAG
High Net Worth Advisory Group
Florida
-$1.02M
5
Jane Street
Jane Street
New York
-$942K
Name Holding Trade Value Shares
Change 		Change in
Stake
ATS
76
Ashton Thomas Securities
New York
$292K – – –
BOPW
77
Brandywine Oak Private Wealth
Pennsylvania
$290K – – –
Wealth Enhancement Advisory Services
78
Wealth Enhancement Advisory Services
Minnesota
$268K -$1.76K -105 -0.6%
PG
79
Patten Group
Tennessee
$247K +$257K +15,349 New
BMCM
80
Bryn Mawr Capital Management
Pennsylvania
$245K -$8.36K -500 -3%
MWM
81
Melfa Wealth Management
Massachusetts
$242K – – –
MA
82
Mezzasalma Advisors
New Jersey
$240K +$249K +14,914 New
MG
83
Marex Group
$239K +$248K +14,821 New
SA
84
SFI Advisors
New Jersey
$235K -$154K -9,238 -39%
AAS
85
Avantax Advisory Services
Texas
$216K +$225K +13,430 New
GLA
86
Good Life Advisors
Pennsylvania
$208K -$69.2K -4,137 -24%
FMTCOCP
87
Farmers & Merchants Trust Co of Chambersburg PA
Pennsylvania
$208K – – –
AUB
88
Atlantic Union Bankshares
Virginia
$206K -$152K -9,112 -42%
BAM
89
Belpointe Asset Management
Nevada
$204K -$234 -14 -0.1%
CPSC
90
Carl P. Sherr & Co
Massachusetts
$190K – – –
GCM
91
Generation Capital Management
New York
$187K +$194K +11,624 New
JAG
92
Journey Advisory Group
Kentucky
$177K – – –
ASN
93
Advisory Services Network
Georgia
$173K +$180K +10,750 New
PVM
94
Palogic Value Management
Texas
$169K – – –
National Bank of Canada
95
National Bank of Canada
Quebec, Canada
$141K +$16.7K +1,000 +13%
FFA
96
Farther Finance Advisors
California
$109K -$906K -54,167 -89%
HCM
97
Hollencrest Capital Management
California
$85.1K +$1.91K +114 +2%
HI
98
Harbour Investments
Wisconsin
$50K – – –
EB
99
Eastern Bank
Massachusetts
$48.4K – – –
PTC
100
Private Trust Company
Ohio
$45.1K – – –
2 3
4
5 6

BBN Hedge Fund Activity: Q4 2024 in Review

122 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in BlackRock Taxable Municipal Bond Trust (BBN) for Q4 2024, worth a combined $725M — up 102% from $359M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new BBN positions and 21 closed out — a net gain of 2 holders — while 33 added to existing stakes and 38 trimmed.

The largest buyer was Sit Investment Associates, adding an estimated $18.6M. The largest seller was HighTower Advisors, cutting an estimated $4.84M.

  • 122 institutional investors held BlackRock Taxable Municipal Bond Trust (BBN) as of Q4 2024, down from 124 in Q3 2024.
  • Funds reported $725M of BlackRock Taxable Municipal Bond Trust stock for Q4 2024, up 102% quarter-over-quarter.
  • 23 funds opened new BlackRock Taxable Municipal Bond Trust positions in Q4 2024 and 21 closed out, a net change of +2 holders.
  • The largest BlackRock Taxable Municipal Bond Trust buyer in Q4 2024 was Sit Investment Associates, an estimated $18.6M added.
  • The largest BlackRock Taxable Municipal Bond Trust seller in Q4 2024 was HighTower Advisors, an estimated $4.84M sold.

Based on aggregated 13F filings for Q4 2024.