Blackrock Florida Municipal 2020 Term Trust
BFO was delisted on the 15th of December, 2020.
14 hedge funds and large institutions have $5.9M invested in Blackrock Florida Municipal 2020 Term Trust in 2016 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 3 reducing their positions, and closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 3
27% more funds holding
Funds holding: 11 → 14 (+3)
2% more capital invested
Capital invested by funds: $5.78M → $5.9M (+$122K)
0.05% more ownership
Funds ownership: 6.95% → 7% (+0.05%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$147K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$85.5K |
| 3 |
MSL
Mackay Shields LLC
New York
|
+$57.3K |
| 4 |
Morgan Stanley
New York
|
+$45.2K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$22.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$247K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$82.9K |
| 3 |
Citigroup
New York
|
-$11.6K |
BFO Hedge Fund Activity: Q1 2016 in Review
14 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Blackrock Florida Municipal 2020 Term Trust (BFO) for Q1 2016, worth a combined $5.9M — up 2.1% from $5.78M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new BFO positions and 0 closed out — a net gain of 3 holders — while 6 added to existing stakes and 3 trimmed.
The largest buyer was Sit Investment Associates, opening a new position worth an estimated $147K. The largest seller was UBS Group, cutting an estimated $247K.
- 14 institutional investors held Blackrock Florida Municipal 2020 Term Trust (BFO) as of Q1 2016, up from 11 in Q4 2015.
- Funds reported $5.9M of Blackrock Florida Municipal 2020 Term Trust stock for Q1 2016, up 2.1% quarter-over-quarter.
- 3 funds opened new Blackrock Florida Municipal 2020 Term Trust positions in Q1 2016 and 0 closed out, a net change of +3 holders.
- The largest Blackrock Florida Municipal 2020 Term Trust buyer in Q1 2016 was Sit Investment Associates, an estimated $147K added.
- The largest Blackrock Florida Municipal 2020 Term Trust seller in Q1 2016 was UBS Group, an estimated $247K sold.
Based on aggregated 13F filings for Q1 2016.