BlackRock New York Municipal Income Trust II
BFY was delisted on the 9th of April, 2021.
13 hedge funds and large institutions have $4.95M invested in BlackRock New York Municipal Income Trust II in 2017 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 2 closing their positions.
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
7% less funds holding
Funds holding: 14 → 13 (-1)
17% less capital invested
Capital invested by funds: $5.95M → $4.95M (-$993K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FWM
Focused Wealth Management
Newburgh,
New York
|
+$99.3K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$53.9K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$8.66K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
+$4.41K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$294 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$439K |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$219K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$205K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$147K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$29 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GC
1
Guggenheim Capital
Chicago,
Illinois
| $2.6M | +$53.9K | +3,666 | +2% |
|
|
FWM
2
Focused Wealth Management
Newburgh,
New York
| $724K | +$99.3K | +6,755 | +16% |
|
|
3
Invesco
Atlanta,
Georgia
| $661K | -$205K | -13,941 | -24% |
|
|
4
Cambridge Investment Research Advisors
Fairfield,
Iowa
| $253K | +$294 | +20 | +0.1% |
|
5
Morgan Stanley
New York
| $239K | – | – | – |
|
|
LTFS
6
Ladenburg Thalmann Financial Services
Miami,
Florida
| $208K | – | – | – |
|
|
WAM
7
Wolverine Asset Management
Chicago,
Illinois
| $126K | -$147K | -9,979 | -54% |
|
8
Wells Fargo
San Francisco,
California
| $59K | – | – | – |
|
|
AG
9
Advisor Group
Phoenix,
Arizona
| $31K | – | – | – |
|
|
10
Bank of America
Charlotte,
North Carolina
| $29K | -$29 | -2 | -0.1% |
|
11
Citigroup
New York
| $12K | – | – | – |
|
|
12
UBS Group
Zurich,
Switzerland
| $8K | +$8.66K | +589 | New |
|
|
IA
13
IFP Advisors
Tampa,
Florida
| $4K | +$4.41K | +300 | New |
|
|
LCM
14
Laurion Capital Management
New York
| – | -$439K | -30,297 | Closed |
|
|
CRC
15
Curi RMB Capital
Chicago,
Illinois
| – | -$219K | -15,140 | Closed |
|
BFY Hedge Fund Activity: Q1 2017 in Review
13 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in BlackRock New York Municipal Income Trust II (BFY) for Q1 2017, worth a combined $4.95M — down 17% from $5.95M a quarter earlier.
Fund positioning in BFY was balanced in Q1 2017: 2 funds opened new positions, 2 closed out, 3 added to existing stakes and 3 trimmed.
The largest buyer was Focused Wealth Management, adding an estimated $99.3K. The largest seller was Laurion Capital Management, exiting entirely with an estimated $439K sold.
- 13 institutional investors held BlackRock New York Municipal Income Trust II (BFY) as of Q1 2017, down from 14 in Q4 2016.
- Funds reported $4.95M of BlackRock New York Municipal Income Trust II stock for Q1 2017, down 17% quarter-over-quarter.
- 2 funds opened new BlackRock New York Municipal Income Trust II positions in Q1 2017 and 2 closed out, a net change of 0 holders.
- The largest BlackRock New York Municipal Income Trust II buyer in Q1 2017 was Focused Wealth Management, an estimated $99.3K added.
- The largest BlackRock New York Municipal Income Trust II seller in Q1 2017 was Laurion Capital Management, an estimated $439K sold.
Based on aggregated 13F filings for Q1 2017.