Blackrock Florida Municipal 2020 Term Trust
BFO was delisted on the 15th of December, 2020.
20 hedge funds and large institutions have $11M invested in Blackrock Florida Municipal 2020 Term Trust in 2018 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 11 increasing their positions, 5 reducing their positions, and 0 closing their positions.
120% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 5
24% more capital invested
Capital invested by funds: $8.86M → $11M (+$2.17M)
11% more funds holding
Funds holding: 18 → 20 (+2)
2.94% more ownership
Funds ownership: 11.18% → 14.12% (+2.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$962K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$704K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$229K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$220K |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$141K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NGA
Naples Global Advisors
Naples,
Florida
|
-$118K |
| 2 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
-$113K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$36.2K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$24.9K |
| 5 |
RFC
Regions Financial Corp
Birmingham,
Alabama
|
-$11.5K |
BFO Hedge Fund Activity: Q4 2018 in Review
20 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Blackrock Florida Municipal 2020 Term Trust (BFO) for Q4 2018, worth a combined $11M — up 24% from $8.86M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new BFO positions and 0 closed out — a net gain of 2 holders — while 11 added to existing stakes and 5 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $962K. The largest seller was Naples Global Advisors, cutting an estimated $118K.
- 20 institutional investors held Blackrock Florida Municipal 2020 Term Trust (BFO) as of Q4 2018, up from 18 in Q3 2018.
- Funds reported $11M of Blackrock Florida Municipal 2020 Term Trust stock for Q4 2018, up 24% quarter-over-quarter.
- 2 funds opened new Blackrock Florida Municipal 2020 Term Trust positions in Q4 2018 and 0 closed out, a net change of +2 holders.
- The largest Blackrock Florida Municipal 2020 Term Trust buyer in Q4 2018 was Karpus Investment Management, an estimated $962K added.
- The largest Blackrock Florida Municipal 2020 Term Trust seller in Q4 2018 was Naples Global Advisors, an estimated $118K sold.
Based on aggregated 13F filings for Q4 2018.