BlackRock Municipal Income Trust
BFK
BFK was delisted on the 6th of February, 2026.
90 hedge funds and large institutions have $121M invested in BlackRock Municipal Income Trust in 2022 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 18 increasing their positions, 32 reducing their positions, and 15 closing their positions.
57% more capital invested
Capital invested by funds: $77.1M → $121M (+$43.7M)
53% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 15
8.69% more ownership
Funds ownership: 17.97% → 26.66% (+8.7%)
7% more funds holding
Funds holding: 84 → 90 (+6)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
44% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$20.3M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.74M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$4.63M |
| 4 |
Morgan Stanley
New York
|
+$4.49M |
| 5 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$2.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$2.95M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.72M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.14M |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.13M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$910K |
BFK Hedge Fund Activity: Q4 2022 in Review
90 of the 6,223 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal Income Trust (BFK) for Q4 2022, worth a combined $121M — up 57% from $77.1M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new BFK positions and 15 closed out — a net gain of 8 holders — while 18 added to existing stakes and 32 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $20.3M. The largest seller was Hennion & Walsh Asset Management, cutting an estimated $2.95M.
- 90 institutional investors held BlackRock Municipal Income Trust (BFK) as of Q4 2022, up from 84 in Q3 2022.
- Funds reported $121M of BlackRock Municipal Income Trust stock for Q4 2022, up 57% quarter-over-quarter.
- 23 funds opened new BlackRock Municipal Income Trust positions in Q4 2022 and 15 closed out, a net change of +8 holders.
- The largest BlackRock Municipal Income Trust buyer in Q4 2022 was Karpus Investment Management, an estimated $20.3M added.
- The largest BlackRock Municipal Income Trust seller in Q4 2022 was Hennion & Walsh Asset Management, an estimated $2.95M sold.
Based on aggregated 13F filings for Q4 2022.