BlackRock Municipal Income Trust
BFK
BFK was delisted on the 6th of February, 2026.
91 hedge funds and large institutions have $180M invested in BlackRock Municipal Income Trust in 2025 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 24 increasing their positions, 28 reducing their positions, and 9 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
89% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 9
7% more funds holding
Funds holding: 85 → 91 (+6)
0.33% less ownership
Funds ownership: 42.24% → 41.91% (-0.33%)
2% less capital invested
Capital invested by funds: $184M → $180M (-$3.91M)
14% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$1.9M |
| 2 |
RC
Rareview Capital
Las Vegas,
Nevada
|
+$1.9M |
| 3 |
MSL
Mackay Shields LLC
New York
|
+$1.68M |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.42M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$985K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.51M |
| 2 |
Pathstone Holdings
Englewood,
New Jersey
|
-$1.5M |
| 3 |
PAS
Park Avenue Securities
New York
|
-$1.06M |
| 4 |
Morgan Stanley
New York
|
-$924K |
| 5 |
CA
Callahan Advisors
Houston,
Texas
|
-$681K |
BFK Hedge Fund Activity: Q2 2025 in Review
91 of the 7,603 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal Income Trust (BFK) for Q2 2025, worth a combined $180M — down 2.1% from $184M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new BFK positions and 9 closed out — a net gain of 8 holders — while 24 added to existing stakes and 28 trimmed.
The largest buyer was Toronto Dominion Bank, opening a new position worth an estimated $1.9M. The largest seller was Guggenheim Capital, cutting an estimated $2.51M.
- 91 institutional investors held BlackRock Municipal Income Trust (BFK) as of Q2 2025, up from 85 in Q1 2025.
- Funds reported $180M of BlackRock Municipal Income Trust stock for Q2 2025, down 2.1% quarter-over-quarter.
- 17 funds opened new BlackRock Municipal Income Trust positions in Q2 2025 and 9 closed out, a net change of +8 holders.
- The largest BlackRock Municipal Income Trust buyer in Q2 2025 was Toronto Dominion Bank, an estimated $1.9M added.
- The largest BlackRock Municipal Income Trust seller in Q2 2025 was Guggenheim Capital, an estimated $2.51M sold.
Based on aggregated 13F filings for Q2 2025.