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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
TIM
101
Tortoise Investment Management
New York
$43.1K
NSIM
102
North Star Investment Management
Illinois
$34.6K
FC
103
Fairscale Capital
New Hampshire
$31.2K +$30K +1,894 New
US Bancorp
104
US Bancorp
Minnesota
$27.6K
HIA
105
Harbor Investment Advisory
Maryland
$19.6K
CFD
106
Creative Financial Designs
Indiana
$18.5K +$317 +20 +2%
NS
107
NBC Securities
Alabama
$17K +$301 +19 +2%
GRP
108
Global Retirement Partners
California
$16.4K -$95 -6 -0.6%
FGA
109
Fortis Group Advisors
New Jersey
$16.4K
IA
110
IFP Advisors
Florida
$16.4K
Fifth Third Bancorp
111
Fifth Third Bancorp
Ohio
$16.4K +$15.9K +1,000 New
CP
112
Castleview Partners
Texas
$16.3K +$15.8K +996 New
PNC Financial Services Group
113
PNC Financial Services Group
Pennsylvania
$11.3K -$12.7K -800 -54%
GJIA
114
Glass Jacobson Investment Advisors
Maryland
$10.1K
LFG
115
Larson Financial Group
Missouri
$9.81K +$9.51K +600 New
MIA
116
MeadowBrook Investment Advisors
Michigan
$8.96K
VWM
117
Venturi Wealth Management
Texas
$7.2K -$428 -27 -6%
DSC
118
Duncker Streett & Co
Missouri
$5.45K
AF
119
Allworth Financial
California
$4.94K
CA
120
CoreCap Advisors
Michigan
$4.91K
SIS
121
Sound Income Strategies
Florida
$491
TRCT
122
Tower Research Capital (TRC)
New York
$98 -$4.17K -263 -98%
Fidelity Investments
123
Fidelity Investments
Massachusetts
$16
LWANC
124
Laurel Wealth Advisors (North Carolina)
North Carolina
$7 +$16 +1 New
GC
125
Guggenheim Capital
Illinois
-$13.1M -799,077 Closed

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.