Blackrock Florida Municipal 2020 Term Trust
BFO was delisted on the 15th of December, 2020.
13 hedge funds and large institutions have $5.18M invested in Blackrock Florida Municipal 2020 Term Trust in 2013 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
7% less funds holding
Funds holding: 14 → 13 (-1)
11% less capital invested
Capital invested by funds: $5.81M → $5.18M (-$630K)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$36.5K |
| 2 |
Barclays
London,
United Kingdom
|
+$33.2K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$26.1K |
| 4 |
Citigroup
New York
|
+$6.3K |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
+$3.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$492K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$21K |
| 3 |
Morgan Stanley
New York
|
-$19.7K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$12.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MSL
1
Mackay Shields LLC
New York
| $1.76M | – | – | – |
|
|
MIG
2
Mariner Investment Group
Harrison,
New York
| $962K | – | – | – |
|
|
U
3
UBS
Zurich,
Switzerland
| $640K | +$26.1K | +1,717 | +4% |
|
|
4
Bank of America
Charlotte,
North Carolina
| $522K | +$36.5K | +2,404 | +8% |
|
|
RJA
5
Raymond James & Associates
St Petersburg,
Florida
| $506K | -$12.9K | -851 | -2% |
|
|
6
Morgan Stanley
New York
| $362K | -$19.7K | -1,300 | -5% |
|
7
Wells Fargo
San Francisco,
California
| $282K | – | – | – |
|
8
Royal Bank of Canada
Toronto,
Ontario, Canada
| $78K | – | – | – |
|
|
9
Barclays
London,
United Kingdom
| $37K | +$33.2K | +2,185 | +731% |
|
10
Fifth Third Bancorp
Cincinnati,
Ohio
| $15K | – | – | – |
|
|
11
Citigroup
New York
| $11K | +$6.3K | +415 | +124% |
|
|
12
Nomura Holdings
Tokyo,
Japan
| $4K | +$3.8K | +250 | New |
|
|
TRCT
13
Tower Research Capital (TRC)
New York
| $2K | – | – | – |
|
|
14
First Trust Advisors
Wheaton,
Illinois
| – | -$492K | -31,215 | Closed |
|
|
15
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$21K | -1,360 | Closed |
|
BFO Hedge Fund Activity: Q3 2013 in Review
13 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Blackrock Florida Municipal 2020 Term Trust (BFO) for Q3 2013, worth a combined $5.18M — down 11% from $5.81M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of BFO and 1 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 4 added.
The largest buyer was Bank of America, adding an estimated $36.5K. The largest seller was First Trust Advisors, exiting entirely with an estimated $492K sold.
- 13 institutional investors held Blackrock Florida Municipal 2020 Term Trust (BFO) as of Q3 2013, down from 14 in Q2 2013.
- Funds reported $5.18M of Blackrock Florida Municipal 2020 Term Trust stock for Q3 2013, down 11% quarter-over-quarter.
- 1 fund opened new Blackrock Florida Municipal 2020 Term Trust positions in Q3 2013 and 2 closed out, a net change of -1 holder.
- The largest Blackrock Florida Municipal 2020 Term Trust buyer in Q3 2013 was Bank of America, an estimated $36.5K added.
- The largest Blackrock Florida Municipal 2020 Term Trust seller in Q3 2013 was First Trust Advisors, an estimated $492K sold.
Based on aggregated 13F filings for Q3 2013.