BlackRock New York Municipal Income Trust II
BFY was delisted on the 9th of April, 2021.
14 hedge funds and large institutions have $5.95M invested in BlackRock New York Municipal Income Trust II in 2016 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
17% more funds holding
Funds holding: 12 → 14 (+2)
10% less capital invested
Capital invested by funds: $6.62M → $5.95M (-$668K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$460K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$283K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$230K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$68.4K |
| 5 |
FWM
Focused Wealth Management
Newburgh,
New York
|
+$62.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$372K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$299K |
| 3 |
Morgan Stanley
New York
|
-$97.5K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$15 |
BFY Hedge Fund Activity: Q4 2016 in Review
14 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in BlackRock New York Municipal Income Trust II (BFY) for Q4 2016, worth a combined $5.95M — down 10% from $6.62M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new BFY positions and 1 closed out — a net gain of 2 holders — while 5 added to existing stakes and 3 trimmed.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $460K. The largest seller was UBS Group, exiting entirely with an estimated $372K sold.
- 14 institutional investors held BlackRock New York Municipal Income Trust II (BFY) as of Q4 2016, up from 12 in Q3 2016.
- Funds reported $5.95M of BlackRock New York Municipal Income Trust II stock for Q4 2016, down 10% quarter-over-quarter.
- 3 funds opened new BlackRock New York Municipal Income Trust II positions in Q4 2016 and 1 closed out, a net change of +2 holders.
- The largest BlackRock New York Municipal Income Trust II buyer in Q4 2016 was Laurion Capital Management, an estimated $460K added.
- The largest BlackRock New York Municipal Income Trust II seller in Q4 2016 was UBS Group, an estimated $372K sold.
Based on aggregated 13F filings for Q4 2016.