BlackRock New York Municipal Income Trust II
BFY was delisted on the 9th of April, 2021.
12 hedge funds and large institutions have $4.91M invested in BlackRock New York Municipal Income Trust II in 2017 Q3 according to their latest regulatory filings, with funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 1 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
4% more capital invested
Capital invested by funds: $4.73M → $4.91M (+$178K)
8% less funds holding
Funds holding: 13 → 12 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$158K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$102K |
| 3 |
FWM
Focused Wealth Management
Newburgh,
New York
|
+$50.7K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$10.7K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
+$9.17K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$120K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$112K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$91.7K |
| 4 |
Morgan Stanley
New York
|
-$8.21K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GC
1
Guggenheim Capital
Chicago,
Illinois
| $2.73M | +$102K | +6,651 | +4% |
|
|
FWM
2
Focused Wealth Management
Newburgh,
New York
| $819K | +$50.7K | +3,318 | +7% |
|
|
3
Invesco
Atlanta,
Georgia
| $513K | +$158K | +10,358 | +46% |
|
|
4
Morgan Stanley
New York
| $265K | -$8.21K | -537 | -3% |
|
5
Cambridge Investment Research Advisors
Fairfield,
Iowa
| $264K | – | – | – |
|
|
LTFS
6
Ladenburg Thalmann Financial Services
Miami,
Florida
| $127K | -$91.7K | -6,000 | -42% |
|
7
Wells Fargo
San Francisco,
California
| $63K | – | – | – |
|
|
AG
8
Advisor Group
Phoenix,
Arizona
| $33K | – | – | – |
|
|
9
Bank of America
Charlotte,
North Carolina
| $31K | -$120K | -7,831 | -80% |
|
|
IA
10
IFP Advisors
Tampa,
Florida
| $25K | +$9.17K | +600 | +60% |
|
|
11
UBS Group
Zurich,
Switzerland
| $23K | +$10.7K | +701 | +88% |
|
12
Citigroup
New York
| $12K | – | – | – |
|
|
WAM
13
Wolverine Asset Management
Chicago,
Illinois
| – | -$112K | -7,517 | Closed |
|
BFY Hedge Fund Activity: Q3 2017 in Review
12 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in BlackRock New York Municipal Income Trust II (BFY) for Q3 2017, worth a combined $4.91M — up 3.8% from $4.73M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of BFY and 0 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 5 added.
The largest buyer was Invesco, adding an estimated $158K. The largest seller was Bank of America, cutting an estimated $120K.
- 12 institutional investors held BlackRock New York Municipal Income Trust II (BFY) as of Q3 2017, down from 13 in Q2 2017.
- Funds reported $4.91M of BlackRock New York Municipal Income Trust II stock for Q3 2017, up 3.8% quarter-over-quarter.
- 0 funds opened new BlackRock New York Municipal Income Trust II positions in Q3 2017 and 1 closed out, a net change of -1 holder.
- The largest BlackRock New York Municipal Income Trust II buyer in Q3 2017 was Invesco, an estimated $158K added.
- The largest BlackRock New York Municipal Income Trust II seller in Q3 2017 was Bank of America, an estimated $120K sold.
Based on aggregated 13F filings for Q3 2017.