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
SPIA
101
Steward Partners Investment Advisory
New York
$80K -$31.1K -1,242 -28%
SC
102
Solstein Capital
California
$76K +$74K +2,960 New
Citigroup
103
Citigroup
New York
$60K – – –
BEI
104
Benjamin Edwards Inc
Missouri
$54K -$5.13K -205 -9%
NSIM
105
North Star Investment Management
Illinois
$54K – – –
AWA
106
Arkadios Wealth Advisors
Georgia
$50K +$39.1K +1,563 +411%
CFD
107
Creative Financial Designs
Indiana
$46K -$80.2K -3,204 -64%
SIM
108
Sonora Investment Management
Arizona
$39K – – –
FPS
109
Fieldpoint Private Securities
Connecticut
$34K – – –
RFA
110
Reilly Financial Advisors
California
$34K +$33K +1,318 New
HIA
111
Harbor Investment Advisory
Maryland
$31K – – –
PA
112
Parallel Advisors
California
$31K – – –
DSC
113
Duncker Streett & Co
Missouri
$26K – – –
Fifth Third Bancorp
114
Fifth Third Bancorp
Ohio
$26K – – –
WT
115
Whittier Trust
California
$26K – – –
PFBT
116
Parkside Financial Bank & Trust
Missouri
$26K +$24.8K +990 New
LC
117
Lindbrook Capital
California
$26K +$25K +1,000 New
US Bancorp
118
US Bancorp
Minnesota
$25K +$2K +80 +9%
Rockefeller Capital Management
119
Rockefeller Capital Management
New York
$22K +$125 +5 +0.6%
SIS
120
Sound Income Strategies
Florida
$18K – – –
NFSG
121
Newbridge Financial Services Group
Florida
$17K – – –
PMFA
122
Plante Moran Financial Advisors
Michigan
$14K – – –
BWL
123
Bogart Wealth LLC
Virginia
$13K +$13K +521 New
SL
124
Savior LLC
Massachusetts
$11K +$125 +5 +1%
Northern Trust
125
Northern Trust
Illinois
$8K -$3.77M -150,679 -84%
2 3 4
5
6

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.