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BlackRock Taxable Municipal Bond Trust

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: 22 (0)

1% less funds holding

Funds holding: 129128 (-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
Name Holding Trade Value Shares
Change
Change in
Stake
AF
126
Allworth Financial
California
$8K +$7.5K +300 New
CFA
127
Carroll Financial Associates
North Carolina
$7K
SCA
128
Stonebridge Capital Advisors
Minnesota
$4K +$2.2K +88 +100%
PAM
129
Panagora Asset Management
Massachusetts
$2K -$2.13K -85 -54%
NG
130
Northstar Group
New York
-$618K -25,075 Closed
BB
131
Busey Bank
Illinois
-$324K -13,156 Closed
CIA
132
Capital Investment Advisors
Georgia
-$289K -11,733 Closed
M&T Bank
133
M&T Bank
New York
-$271K -11,000 Closed
ECM
134
Evergreen Capital Management
Washington
-$263K -10,650 Closed
KC
135
Kingfisher Capital
North Carolina
-$230K -9,338 Closed
SFSIG
136
San Francisco Sentry Investment Group
California
-$228K -9,260 Closed
LCM
137
Landscape Capital Management
New Jersey
-$212K -8,586 Closed
SBL
138
Sargent Bickham Lagudis
Colorado
-$108K -4,374 Closed
IAIM
139
International Assets Investment Management
Florida
-$71K -2,644 Closed
BFEC
140
Benjamin F. Edwards & Company
Missouri
-$43K -1,736 Closed
CTC
141
Central Trust Company
Missouri
-$19K -773 Closed
LCM
142
Logan Capital Management
Pennsylvania
-$18K -750 Closed
EP
143
Eudaimonia Partners
Tennessee
-$16K -634 Closed

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.