Blackrock Florida Municipal 2020 Term Trust
BFO was delisted on the 15th of December, 2020.
25 hedge funds and large institutions have $17.7M invested in Blackrock Florida Municipal 2020 Term Trust in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 4 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
15% more capital invested
Capital invested by funds: $15.4M → $17.7M (+$2.33M)
4% more funds holding
Funds holding: 24 → 25 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.76M |
| 2 |
IAP
Indie Asset Partners
Carmel,
Indiana
|
+$344K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$202K |
| 4 |
BCA
Biltmore Capital Advisors
Princeton,
New Jersey
|
+$194K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$188K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFS
Mirabella Financial Services
London,
United Kingdom
|
-$1.48M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$340K |
| 3 |
HF
HRT Financial
New York
|
-$189K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$28K |
| 5 |
RFA
Reilly Financial Advisors
La Mesa,
California
|
-$19K |
BFO Hedge Fund Activity: Q2 2020 in Review
25 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Blackrock Florida Municipal 2020 Term Trust (BFO) for Q2 2020, worth a combined $17.7M — up 15% from $15.4M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new BFO positions and 4 closed out — a net gain of 1 holder — while 8 added to existing stakes and 4 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $2.76M. The largest seller was Mirabella Financial Services, exiting entirely with an estimated $1.48M sold.
- 25 institutional investors held Blackrock Florida Municipal 2020 Term Trust (BFO) as of Q2 2020, up from 24 in Q1 2020.
- Funds reported $17.7M of Blackrock Florida Municipal 2020 Term Trust stock for Q2 2020, up 15% quarter-over-quarter.
- 5 funds opened new Blackrock Florida Municipal 2020 Term Trust positions in Q2 2020 and 4 closed out, a net change of +1 holder.
- The largest Blackrock Florida Municipal 2020 Term Trust buyer in Q2 2020 was Karpus Investment Management, an estimated $2.76M added.
- The largest Blackrock Florida Municipal 2020 Term Trust seller in Q2 2020 was Mirabella Financial Services, an estimated $1.48M sold.
Based on aggregated 13F filings for Q2 2020.