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BlackRock Taxable Municipal Bond Trust

124 hedge funds and large institutions have $359M invested in BlackRock Taxable Municipal Bond Trust in 2024 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 40 increasing their positions, 35 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 18

14% more repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 35

6% more capital invested

Capital invested by funds: $339M → $359M (+$19.5M)

1% more funds holding

Funds holding: 123124 (+1)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.99% less ownership

Funds ownership: 33.56%32.58% (-0.99%)

Holders
124
Holders Change
+1
Holders Change %
+0.81%
% 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
40
Reduced
35
Closed
18
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SPIA
101
Steward Partners Investment Advisory
New York
$86.5K +$11.9K +686 +16%
HI
102
Harbour Investments
Wisconsin
$55.2K
EB
103
Eastern Bank
Massachusetts
$53.5K +$52K +3,000 New
PTC
104
Private Trust Company
Ohio
$49.9K -$16.5K -950 -25%
NSIM
105
North Star Investment Management
Illinois
$37.7K
LFG
106
Larson Financial Group
Missouri
$37.1K +$25.6K +1,480 +247%
FC
107
Fairscale Capital
New Hampshire
$33.8K
US Bancorp
108
US Bancorp
Minnesota
$30.1K
SSG
109
Summit Securities Group
New York
$30K +$29K +1,673 New
TRCT
110
Tower Research Capital (TRC)
New York
$24.1K +$23.3K +1,346 +22,433%
HIA
111
Harbor Investment Advisory
Maryland
$21.4K
NS
112
NBC Securities
Alabama
$19K +$294 +17 +2%
Fifth Third Bancorp
113
Fifth Third Bancorp
Ohio
$17.8K
FGA
114
Fortis Group Advisors
New Jersey
$17.8K
IA
115
IFP Advisors
Florida
$17.8K
CFD
116
Creative Financial Designs
Indiana
$16.8K -$3.19K -184 -16%
TCM
117
TruNorth Capital Management
Michigan
$13.5K +$13.1K +755 New
Carson Wealth (CWM LLC)
118
Carson Wealth (CWM LLC)
Nebraska
$12K +$11.6K +670 New
GJIA
119
Glass Jacobson Investment Advisors
Maryland
$11K
MIA
120
MeadowBrook Investment Advisors
Michigan
$9.77K
PNC Financial Services Group
121
PNC Financial Services Group
Pennsylvania
$9.05K -$3.15K -182 -26%
DSC
122
Duncker Streett & Co
Missouri
$5.93K
AF
123
Allworth Financial
California
$5.35K
CA
124
CoreCap Advisors
Michigan
$5.35K
SIS
125
Sound Income Strategies
Florida
$535

BBN Hedge Fund Activity: Q3 2024 in Review

124 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in BlackRock Taxable Municipal Bond Trust (BBN) for Q3 2024, worth a combined $359M — up 5.7% from $339M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new BBN positions and 18 closed out — a net gain of 3 holders — while 40 added to existing stakes and 35 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $7.11M. The largest seller was Envestnet Asset Management, cutting an estimated $10.5M.

  • 124 institutional investors held BlackRock Taxable Municipal Bond Trust (BBN) as of Q3 2024, up from 123 in Q2 2024.
  • Funds reported $359M of BlackRock Taxable Municipal Bond Trust stock for Q3 2024, up 5.7% quarter-over-quarter.
  • 21 funds opened new BlackRock Taxable Municipal Bond Trust positions in Q3 2024 and 18 closed out, a net change of +3 holders.
  • The largest BlackRock Taxable Municipal Bond Trust buyer in Q3 2024 was Morgan Stanley, an estimated $7.11M added.
  • The largest BlackRock Taxable Municipal Bond Trust seller in Q3 2024 was Envestnet Asset Management, an estimated $10.5M sold.

Based on aggregated 13F filings for Q3 2024.