BlackRock Municipal Income Trust
BFK
BFK was delisted on the 6th of February, 2026.
91 hedge funds and large institutions have $144M invested in BlackRock Municipal Income Trust in 2023 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 33 increasing their positions, 25 reducing their positions, and 6 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 25
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
11% more capital invested
Capital invested by funds: $130M → $144M (+$14.1M)
3.83% more ownership
Funds ownership: 28.23% → 32.06% (+3.8%)
1% more funds holding
Funds holding: 90 → 91 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$5.3M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.16M |
| 3 |
Morgan Stanley
New York
|
+$2.21M |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$2.07M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WP
Woodline Partners
San Francisco,
California
|
-$2.11M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$557K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$199K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$176K |
| 5 |
ICMP
Integrated Capital Management (Pennsylvania)
Jessup,
Pennsylvania
|
-$164K |
BFK Hedge Fund Activity: Q2 2023 in Review
91 of the 6,385 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal Income Trust (BFK) for Q2 2023, worth a combined $144M — up 11% from $130M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BFK positions and 6 closed out — a net gain of 1 holder — while 33 added to existing stakes and 25 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $5.3M. The largest seller was Woodline Partners, cutting an estimated $2.11M.
- 91 institutional investors held BlackRock Municipal Income Trust (BFK) as of Q2 2023, up from 90 in Q1 2023.
- Funds reported $144M of BlackRock Municipal Income Trust stock for Q2 2023, up 11% quarter-over-quarter.
- 7 funds opened new BlackRock Municipal Income Trust positions in Q2 2023 and 6 closed out, a net change of +1 holder.
- The largest BlackRock Municipal Income Trust buyer in Q2 2023 was Rivernorth Capital Management, an estimated $5.3M added.
- The largest BlackRock Municipal Income Trust seller in Q2 2023 was Woodline Partners, an estimated $2.11M sold.
Based on aggregated 13F filings for Q2 2023.