BlackRock Taxable Municipal Bond Trust
BBN
117 hedge funds and large institutions have $383M invested in BlackRock Taxable Municipal Bond Trust in 2025 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 29 increasing their positions, 43 reducing their positions, and 8 closing their positions.
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
2% more funds holding
Funds holding: 115 → 117 (+2)
1.35% more ownership
Funds ownership: 37.14% → 38.49% (+1.4%)
0% more capital invested
Capital invested by funds: $383M → $383M (+$408K)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
33% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$13M |
| 2 |
RAM
Readystate Asset Management
Chicago,
Illinois
|
+$1.95M |
| 3 |
Morgan Stanley
New York
|
+$1.71M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.43M |
| 5 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
+$845K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$2.43M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.58M |
| 3 |
AF
Apexium Financial
Dallas,
Texas
|
-$840K |
| 4 |
WS
Wedbush Securities
Los Angeles,
California
|
-$525K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$434K |
BBN Hedge Fund Activity: Q2 2025 in Review
117 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in BlackRock Taxable Municipal Bond Trust (BBN) for Q2 2025, worth a combined $383M — up 0.11% from $383M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new BBN positions and 8 closed out — a net gain of 4 holders — while 29 added to existing stakes and 43 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $13M. The largest seller was LPL Financial, cutting an estimated $2.43M.
- 117 institutional investors held BlackRock Taxable Municipal Bond Trust (BBN) as of Q2 2025, up from 115 in Q1 2025.
- Funds reported $383M of BlackRock Taxable Municipal Bond Trust stock for Q2 2025, up 0.11% quarter-over-quarter.
- 12 funds opened new BlackRock Taxable Municipal Bond Trust positions in Q2 2025 and 8 closed out, a net change of +4 holders.
- The largest BlackRock Taxable Municipal Bond Trust buyer in Q2 2025 was Sit Investment Associates, an estimated $13M added.
- The largest BlackRock Taxable Municipal Bond Trust seller in Q2 2025 was LPL Financial, an estimated $2.43M sold.
Based on aggregated 13F filings for Q2 2025.