BlackRock Municipal Income Trust
BFK
BFK was delisted on the 6th of February, 2026.
93 hedge funds and large institutions have $145M invested in BlackRock Municipal Income Trust in 2023 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 26 increasing their positions, 31 reducing their positions, and 11 closing their positions.
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
4.11% more ownership
Funds ownership: 32.06% → 36.18% (+4.1%)
2% more funds holding
Funds holding: 91 → 93 (+2)
1% more capital invested
Capital invested by funds: $144M → $145M (+$1.04M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
16% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$11.8M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$8.16M |
| 3 |
SCM
Saba Capital Management
New York
|
+$2.43M |
| 4 |
API
Advisor Partners II
Walnut Creek,
California
|
+$2.09M |
| 5 |
Morgan Stanley
New York
|
+$1.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WP
Woodline Partners
San Francisco,
California
|
-$5.15M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.86M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.63M |
| 4 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$455K |
| 5 |
VanEck Associates
New York
|
-$390K |
BFK Hedge Fund Activity: Q3 2023 in Review
93 of the 6,303 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal Income Trust (BFK) for Q3 2023, worth a combined $145M — up 0.73% from $144M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BFK positions and 11 closed out — a net gain of 2 holders — while 26 added to existing stakes and 31 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $11.8M. The largest seller was Woodline Partners, exiting entirely with an estimated $5.15M sold.
- 93 institutional investors held BlackRock Municipal Income Trust (BFK) as of Q3 2023, up from 91 in Q2 2023.
- Funds reported $145M of BlackRock Municipal Income Trust stock for Q3 2023, up 0.73% quarter-over-quarter.
- 13 funds opened new BlackRock Municipal Income Trust positions in Q3 2023 and 11 closed out, a net change of +2 holders.
- The largest BlackRock Municipal Income Trust buyer in Q3 2023 was Rivernorth Capital Management, an estimated $11.8M added.
- The largest BlackRock Municipal Income Trust seller in Q3 2023 was Woodline Partners, an estimated $5.15M sold.
Based on aggregated 13F filings for Q3 2023.