BlackRock Municipal Income Trust
BFK
BFK was delisted on the 6th of February, 2026.
84 hedge funds and large institutions have $174M invested in BlackRock Municipal Income Trust in 2024 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 28 increasing their positions, 23 reducing their positions, and 12 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 23
1% more capital invested
Capital invested by funds: $173M → $174M (+$1.48M)
1.01% less ownership
Funds ownership: 38.64% → 37.63% (-1%)
6% less funds holding
Funds holding: 89 → 84 (-5)
42% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 12
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pathstone Holdings
Englewood,
New Jersey
|
+$3.09M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$704K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$684K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$430K |
| 5 |
CMI
Clare Market Investments
Dallas,
Texas
|
+$411K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.88M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.61M |
| 3 |
LFA
Livelsberger Financial Advisory
Ashland,
Ohio
|
-$1.94M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$928K |
| 5 |
AFG
Atomi Financial Group
New York
|
-$439K |
BFK Hedge Fund Activity: Q3 2024 in Review
84 of the 6,981 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal Income Trust (BFK) for Q3 2024, worth a combined $174M — up 0.85% from $173M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of BFK and 7 opened new positions — a net loss of 5 holders — while 23 trimmed existing stakes and 28 added.
The largest buyer was Pathstone Holdings, adding an estimated $3.09M. The largest seller was Morgan Stanley, cutting an estimated $2.88M.
- 84 institutional investors held BlackRock Municipal Income Trust (BFK) as of Q3 2024, down from 89 in Q2 2024.
- Funds reported $174M of BlackRock Municipal Income Trust stock for Q3 2024, up 0.85% quarter-over-quarter.
- 7 funds opened new BlackRock Municipal Income Trust positions in Q3 2024 and 12 closed out, a net change of -5 holders.
- The largest BlackRock Municipal Income Trust buyer in Q3 2024 was Pathstone Holdings, an estimated $3.09M added.
- The largest BlackRock Municipal Income Trust seller in Q3 2024 was Morgan Stanley, an estimated $2.88M sold.
Based on aggregated 13F filings for Q3 2024.