Blackrock Florida Municipal 2020 Term Trust
BFO was delisted on the 15th of December, 2020.
12 hedge funds and large institutions have $5.99M invested in Blackrock Florida Municipal 2020 Term Trust in 2014 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
18% more capital invested
Capital invested by funds: $5.08M → $5.99M (+$908K)
9% more funds holding
Funds holding: 11 → 12 (+1)
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$947K |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$24.1K |
| 3 |
Citigroup
New York
|
+$19.4K |
| 4 |
AIG
American International Group
New York
|
+$9.17K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
-$116K |
| 2 |
Morgan Stanley
New York
|
-$49.4K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$45.9K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.99K |
| 5 |
Barclays
London,
United Kingdom
|
-$1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MSL
1
Mackay Shields LLC
New York
| $1.8M | – | – | – |
|
|
U
2
UBS
Zurich,
Switzerland
| $1.62M | -$116K | -7,585 | -7% |
|
|
3
Bank of America
Charlotte,
North Carolina
| $1.47M | +$947K | +61,977 | +189% |
|
4
Wells Fargo
San Francisco,
California
| $422K | -$474 | -31 | -0.1% |
|
|
5
Morgan Stanley
New York
| $342K | -$49.4K | -3,235 | -13% |
|
|
RJA
6
Raymond James & Associates
St Petersburg,
Florida
| $256K | -$45.9K | -3,000 | -15% |
|
|
7
Citigroup
New York
| $32K | +$19.4K | +1,268 | +158% |
|
|
8
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $24K | +$24.1K | +1,575 | New |
|
9
Fifth Third Bancorp
Cincinnati,
Ohio
| $15K | – | – | – |
|
|
AIG
10
American International Group
New York
| $9.27K | +$9.17K | +600 | New |
|
11
Royal Bank of Canada
Toronto,
Ontario, Canada
| $5K | – | – | – |
|
|
TRCT
12
Tower Research Capital (TRC)
New York
| $1K | -$1.99K | -130 | -61% |
|
|
13
Barclays
London,
United Kingdom
| – | -$1K | -51 | Closed |
|
BFO Hedge Fund Activity: Q2 2014 in Review
12 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Blackrock Florida Municipal 2020 Term Trust (BFO) for Q2 2014, worth a combined $5.99M — up 18% from $5.08M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new BFO positions and 1 closed out — a net gain of 1 holder — while 2 added to existing stakes and 5 trimmed.
The largest buyer was Bank of America, adding an estimated $947K. The largest seller was UBS, cutting an estimated $116K.
- 12 institutional investors held Blackrock Florida Municipal 2020 Term Trust (BFO) as of Q2 2014, up from 11 in Q1 2014.
- Funds reported $5.99M of Blackrock Florida Municipal 2020 Term Trust stock for Q2 2014, up 18% quarter-over-quarter.
- 2 funds opened new Blackrock Florida Municipal 2020 Term Trust positions in Q2 2014 and 1 closed out, a net change of +1 holder.
- The largest Blackrock Florida Municipal 2020 Term Trust buyer in Q2 2014 was Bank of America, an estimated $947K added.
- The largest Blackrock Florida Municipal 2020 Term Trust seller in Q2 2014 was UBS, an estimated $116K sold.
Based on aggregated 13F filings for Q2 2014.