BlackRock Municipal Income Trust
BFK
BFK was delisted on the 6th of February, 2026.
94 hedge funds and large institutions have $193M invested in BlackRock Municipal Income Trust in 2023 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 33 increasing their positions, 21 reducing their positions, and 20 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 21
33% more capital invested
Capital invested by funds: $145M → $193M (+$48M)
10% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 20
6.28% more ownership
Funds ownership: 36.18% → 42.46% (+6.3%)
1% more funds holding
Funds holding: 93 → 94 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$5.59M |
| 2 |
Morgan Stanley
New York
|
+$4.24M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.98M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.85M |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$2.52M |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$2.21M |
| 3 |
SCM
Saba Capital Management
New York
|
-$2.14M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$685K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$538K |
BFK Hedge Fund Activity: Q4 2023 in Review
94 of the 6,863 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal Income Trust (BFK) for Q4 2023, worth a combined $193M — up 33% from $145M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new BFK positions and 20 closed out — a net gain of 2 holders — while 33 added to existing stakes and 21 trimmed.
The largest buyer was Robinson Capital Management, adding an estimated $5.59M. The largest seller was Logan Stone Capital, cutting an estimated $2.52M.
- 94 institutional investors held BlackRock Municipal Income Trust (BFK) as of Q4 2023, up from 93 in Q3 2023.
- Funds reported $193M of BlackRock Municipal Income Trust stock for Q4 2023, up 33% quarter-over-quarter.
- 22 funds opened new BlackRock Municipal Income Trust positions in Q4 2023 and 20 closed out, a net change of +2 holders.
- The largest BlackRock Municipal Income Trust buyer in Q4 2023 was Robinson Capital Management, an estimated $5.59M added.
- The largest BlackRock Municipal Income Trust seller in Q4 2023 was Logan Stone Capital, an estimated $2.52M sold.
Based on aggregated 13F filings for Q4 2023.