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BlackRock Taxable Municipal Bond Trust

125 hedge funds and large institutions have $278M invested in BlackRock Taxable Municipal Bond Trust in 2023 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 43 increasing their positions, 34 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 15

26% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 34

3% more funds holding

Funds holding: 121125 (+4)

0.43% more ownership

Funds ownership: 27.88%28.31% (+0.43%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

5% less capital invested

Capital invested by funds: $293M → $278M (-$14.7M)

Holders
125
Holders Change
+4
Holders Change %
+3.31%
% of All Funds
1.96%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
20
Increased
43
Reduced
34
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FCA
101
FinTrust Capital Advisors
South Carolina
$42.1K
NSIM
102
North Star Investment Management
Illinois
$35.1K
MRCM
103
M&R Capital Management
New Jersey
$33.1K
CSPIA
104
Cary Street Partners Investment Advisory
Virginia
$32.4K
Carson Wealth (CWM LLC)
105
Carson Wealth (CWM LLC)
Nebraska
$30K
HI
106
Harbour Investments
Wisconsin
$29K -$5.17K -300 -15%
US Bancorp
107
US Bancorp
Minnesota
$28K
HIA
108
Harbor Investment Advisory
Maryland
$19.9K
WT
109
Whittier Trust
California
$16.7K
BLC
110
Brown, Lisle/Cummings
Rhode Island
$16.6K
IA
111
IFP Advisors
Florida
$16.6K
BWM
112
BerganKDV Wealth Management
Minnesota
$15.9K +$16.5K +960 New
PNC Financial Services Group
113
PNC Financial Services Group
Pennsylvania
$11.4K -$3.1K -180 -21%
GJIA
114
Glass Jacobson Investment Advisors
Maryland
$10.2K +$10.6K +615 New
BWL
115
Bogart Wealth LLC
Virginia
$9.89K +$172 +10 +2%
CFD
116
Creative Financial Designs
Indiana
$9.46K +$172 +10 +2%
WWP
117
WR Wealth Planners
Missouri
$7.61K +$138 +8 +2%
SCA
118
Stonebridge Capital Advisors
Minnesota
$6.77K
AF
119
Allworth Financial
California
$5.92K +$982 +57 +19%
DSC
120
Duncker Streett & Co
Missouri
$5.52K
VWM
121
Venturi Wealth Management
Texas
$5.01K +$5.2K +302 New
PIAS
122
PCA Investment Advisory Services
Ohio
$2.99K +$3.1K +180 New
BTI
123
Blue Trust Inc
Georgia
$2K +$2.15K +125 New
BWS
124
Buck Wealth Strategies
Colorado
$1.74K +$1.81K +105 New
SIS
125
Sound Income Strategies
Florida
$498

BBN Hedge Fund Activity: Q2 2023 in Review

125 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in BlackRock Taxable Municipal Bond Trust (BBN) for Q2 2023, worth a combined $278M — down 5% from $293M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new BBN positions and 15 closed out — a net gain of 5 holders — while 43 added to existing stakes and 34 trimmed.

The largest buyer was Sit Investment Associates, adding an estimated $6.57M. The largest seller was Wells Fargo, cutting an estimated $4.11M.

  • 125 institutional investors held BlackRock Taxable Municipal Bond Trust (BBN) as of Q2 2023, up from 121 in Q1 2023.
  • Funds reported $278M of BlackRock Taxable Municipal Bond Trust stock for Q2 2023, down 5% quarter-over-quarter.
  • 20 funds opened new BlackRock Taxable Municipal Bond Trust positions in Q2 2023 and 15 closed out, a net change of +5 holders.
  • The largest BlackRock Taxable Municipal Bond Trust buyer in Q2 2023 was Sit Investment Associates, an estimated $6.57M added.
  • The largest BlackRock Taxable Municipal Bond Trust seller in Q2 2023 was Wells Fargo, an estimated $4.11M sold.

Based on aggregated 13F filings for Q2 2023.