Blackrock Florida Municipal 2020 Term Trust
BFO was delisted on the 15th of December, 2020.
8 hedge funds and large institutions have $5.41M invested in Blackrock Florida Municipal 2020 Term Trust in 2014 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 5 closing their positions.
10% less capital invested
Capital invested by funds: $5.99M → $5.41M (-$572K)
33% less funds holding
Funds holding: 12 → 8 (-4)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$82.8K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.52K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$256K |
| 2 |
U
UBS
Zurich,
Switzerland
|
-$87.7K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$68.3K |
| 4 |
Citigroup
New York
|
-$32K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$24K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MSL
1
Mackay Shields LLC
New York
| $1.74M | – | – | – |
|
|
2
Bank of America
Charlotte,
North Carolina
| $1.5M | +$82.8K | +5,454 | +6% |
|
|
U
3
UBS
Zurich,
Switzerland
| $1.48M | -$87.7K | -5,776 | -6% |
|
|
4
Wells Fargo
San Francisco,
California
| $342K | -$68.3K | -4,500 | -16% |
|
5
Morgan Stanley
New York
| $324K | -$7.59K | -500 | -2% |
|
6
Fifth Third Bancorp
Cincinnati,
Ohio
| $15K | – | – | – |
|
7
Royal Bank of Canada
Toronto,
Ontario, Canada
| $4K | – | – | – |
|
|
8
Ameriprise
Minneapolis,
Minnesota
| $2K | +$2.52K | +166 | New |
|
|
RJA
9
Raymond James & Associates
St Petersburg,
Florida
| – | -$256K | -16,595 | Closed |
|
|
10
Citigroup
New York
| – | -$32K | -2,069 | Closed |
|
|
11
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$24K | -1,575 | Closed |
|
|
AIG
12
American International Group
New York
| – | -$9.27K | -600 | Closed |
|
|
TRCT
13
Tower Research Capital (TRC)
New York
| – | -$1K | -84 | Closed |
|
BFO Hedge Fund Activity: Q3 2014 in Review
8 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in Blackrock Florida Municipal 2020 Term Trust (BFO) for Q3 2014, worth a combined $5.41M — down 9.6% from $5.99M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BFO and 1 opened new positions — a net loss of 4 holders — while 3 trimmed existing stakes and 1 added.
The largest buyer was Bank of America, adding an estimated $82.8K. The largest seller was Raymond James & Associates, exiting entirely with an estimated $256K sold.
- 8 institutional investors held Blackrock Florida Municipal 2020 Term Trust (BFO) as of Q3 2014, down from 12 in Q2 2014.
- Funds reported $5.41M of Blackrock Florida Municipal 2020 Term Trust stock for Q3 2014, down 9.6% quarter-over-quarter.
- 1 fund opened new Blackrock Florida Municipal 2020 Term Trust positions in Q3 2014 and 5 closed out, a net change of -4 holders.
- The largest Blackrock Florida Municipal 2020 Term Trust buyer in Q3 2014 was Bank of America, an estimated $82.8K added.
- The largest Blackrock Florida Municipal 2020 Term Trust seller in Q3 2014 was Raymond James & Associates, an estimated $256K sold.
Based on aggregated 13F filings for Q3 2014.