Blackrock Florida Municipal 2020 Term Trust
BFO was delisted on the 15th of December, 2020.
19 hedge funds and large institutions have $12M invested in Blackrock Florida Municipal 2020 Term Trust in 2019 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 0 closing their positions.
12% more funds holding
Funds holding: 17 → 19 (+2)
4% less capital invested
Capital invested by funds: $12.4M → $12M (-$441K)
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECM
Elgethun Capital Management
Sioux Falls,
South Dakota
|
+$254K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$178K |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$54.8K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$30.1K |
| 5 |
AIC
Ameritas Investment Company
Lincoln,
Nebraska
|
+$8.61K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$290K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$220K |
| 3 |
NGA
Naples Global Advisors
Naples,
Florida
|
-$148K |
| 4 |
Morgan Stanley
New York
|
-$142K |
| 5 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$114K |
BFO Hedge Fund Activity: Q3 2019 in Review
19 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Blackrock Florida Municipal 2020 Term Trust (BFO) for Q3 2019, worth a combined $12M — down 3.6% from $12.4M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new BFO positions and 0 closed out — a net gain of 2 holders — while 4 added to existing stakes and 6 trimmed.
The largest buyer was Elgethun Capital Management, opening a new position worth an estimated $254K. The largest seller was Susquehanna International Group, cutting an estimated $290K.
- 19 institutional investors held Blackrock Florida Municipal 2020 Term Trust (BFO) as of Q3 2019, up from 17 in Q2 2019.
- Funds reported $12M of Blackrock Florida Municipal 2020 Term Trust stock for Q3 2019, down 3.6% quarter-over-quarter.
- 2 funds opened new Blackrock Florida Municipal 2020 Term Trust positions in Q3 2019 and 0 closed out, a net change of +2 holders.
- The largest Blackrock Florida Municipal 2020 Term Trust buyer in Q3 2019 was Elgethun Capital Management, an estimated $254K added.
- The largest Blackrock Florida Municipal 2020 Term Trust seller in Q3 2019 was Susquehanna International Group, an estimated $290K sold.
Based on aggregated 13F filings for Q3 2019.