Blackrock Florida Municipal 2020 Term Trust
BFO was delisted on the 15th of December, 2020.
21 hedge funds and large institutions have $16.8M invested in Blackrock Florida Municipal 2020 Term Trust in 2020 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 4 closing their positions.
1.19% less ownership
Funds ownership: 22.57% → 21.38% (-1.2%)
5% less capital invested
Capital invested by funds: $17.7M → $16.8M (-$956K)
16% less funds holding
Funds holding: 25 → 21 (-4)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$114K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$107K |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$64.3K |
| 4 |
SSWM
Sheets Smith Wealth Management
Winston-Salem,
North Carolina
|
+$7.37K |
| 5 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
+$44 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$615K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$179K |
| 3 |
IAP
Indie Asset Partners
Carmel,
Indiana
|
-$160K |
| 4 |
BCA
Biltmore Capital Advisors
Princeton,
New Jersey
|
-$116K |
| 5 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$58K |
BFO Hedge Fund Activity: Q3 2020 in Review
21 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Blackrock Florida Municipal 2020 Term Trust (BFO) for Q3 2020, worth a combined $16.8M — down 5.4% from $17.7M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of BFO and 0 opened new positions — a net loss of 4 holders — while 7 trimmed existing stakes and 5 added.
The largest buyer was Susquehanna International Group, adding an estimated $114K. The largest seller was Wells Fargo, cutting an estimated $615K.
- 21 institutional investors held Blackrock Florida Municipal 2020 Term Trust (BFO) as of Q3 2020, down from 25 in Q2 2020.
- Funds reported $16.8M of Blackrock Florida Municipal 2020 Term Trust stock for Q3 2020, down 5.4% quarter-over-quarter.
- 0 funds opened new Blackrock Florida Municipal 2020 Term Trust positions in Q3 2020 and 4 closed out, a net change of -4 holders.
- The largest Blackrock Florida Municipal 2020 Term Trust buyer in Q3 2020 was Susquehanna International Group, an estimated $114K added.
- The largest Blackrock Florida Municipal 2020 Term Trust seller in Q3 2020 was Wells Fargo, an estimated $615K sold.
Based on aggregated 13F filings for Q3 2020.