Blackrock Florida Municipal 2020 Term Trust
BFO was delisted on the 15th of December, 2020.
14 hedge funds and large institutions have $8.38M invested in Blackrock Florida Municipal 2020 Term Trust in 2017 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 1 reducing their positions, and 1 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 1
5% more capital invested
Capital invested by funds: $8.02M → $8.38M (+$367K)
0% more funds holding
Funds holding: 14 → 14 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$471K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$276K |
| 3 |
Morgan Stanley
New York
|
+$134K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$83.4K |
| 5 |
NGA
Naples Global Advisors
Naples,
Florida
|
+$47.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$164K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$15.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MSL
1
Mackay Shields LLC
New York
| $3.08M | – | – | – |
|
|
2
Bank of America
Charlotte,
North Carolina
| $1.56M | +$276K | +18,242 | +21% |
|
|
3
UBS Group
Zurich,
Switzerland
| $751K | +$83.4K | +5,519 | +12% |
|
|
SIA
4
Sit Investment Associates
Minneapolis,
Minnesota
| $719K | – | – | – |
|
|
NGA
5
Naples Global Advisors
Naples,
Florida
| $616K | +$47.6K | +3,150 | +8% |
|
|
6
Morgan Stanley
New York
| $546K | +$134K | +8,832 | +32% |
|
|
AA
7
Ancora Advisors
Cleveland,
Ohio
| $305K | – | – | – |
|
|
NSIM
8
North Star Investment Management
Chicago,
Illinois
| $294K | – | – | – |
|
|
9
Wells Fargo
San Francisco,
California
| $206K | -$15.1K | -999 | -7% |
|
10
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $160K | +$983 | +65 | +0.6% |
|
|
NFG
11
Next Financial Group
Houston,
Texas
| $83K | – | – | – |
|
|
ASN
12
Advisory Services Network
Atlanta,
Georgia
| $38K | – | – | – |
|
13
Royal Bank of Canada
Toronto,
Ontario, Canada
| $29K | – | – | – |
|
|
14
Northern Trust
Chicago,
Illinois
| $5K | +$471K | +31,159 | New |
|
|
15
LPL Financial
San Diego,
California
| – | -$164K | -10,885 | Closed |
|
BFO Hedge Fund Activity: Q2 2017 in Review
14 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Blackrock Florida Municipal 2020 Term Trust (BFO) for Q2 2017, worth a combined $8.38M — up 4.6% from $8.02M a quarter earlier.
Fund positioning in BFO was balanced in Q2 2017: 1 fund opened new positions, 1 closed out, 5 added to existing stakes and 1 trimmed.
The largest buyer was Northern Trust, opening a new position worth an estimated $471K. The largest seller was LPL Financial, exiting entirely with an estimated $164K sold.
- 14 institutional investors held Blackrock Florida Municipal 2020 Term Trust (BFO) as of Q2 2017, unchanged from Q1 2017.
- Funds reported $8.38M of Blackrock Florida Municipal 2020 Term Trust stock for Q2 2017, up 4.6% quarter-over-quarter.
- 1 fund opened new Blackrock Florida Municipal 2020 Term Trust positions in Q2 2017 and 1 closed out, a net change of 0 holders.
- The largest Blackrock Florida Municipal 2020 Term Trust buyer in Q2 2017 was Northern Trust, an estimated $471K added.
- The largest Blackrock Florida Municipal 2020 Term Trust seller in Q2 2017 was LPL Financial, an estimated $164K sold.
Based on aggregated 13F filings for Q2 2017.