BlackRock New York Municipal Income Trust II
BFY was delisted on the 9th of April, 2021.
13 hedge funds and large institutions have $5.22M invested in BlackRock New York Municipal Income Trust II in 2017 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 2 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
8% more funds holding
Funds holding: 12 → 13 (+1)
6% more capital invested
Capital invested by funds: $4.91M → $5.22M (+$315K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$393K |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$249K |
| 3 |
LCM
Laurion Capital Management
New York
|
+$164K |
| 4 |
Morgan Stanley
New York
|
+$68.1K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$42.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$317K |
| 2 |
FWM
Focused Wealth Management
Newburgh,
New York
|
-$49.7K |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
-$33K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
-$25K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GC
1
Guggenheim Capital
Chicago,
Illinois
| $2.3M | -$317K | -20,938 | -12% |
|
|
FWM
2
Focused Wealth Management
Newburgh,
New York
| $733K | -$49.7K | -3,282 | -6% |
|
|
3
Invesco
Atlanta,
Georgia
| $531K | +$42.1K | +2,786 | +8% |
|
|
4
UBS Group
Zurich,
Switzerland
| $407K | +$393K | +26,000 | +1,733% |
|
|
5
Morgan Stanley
New York
| $320K | +$68.1K | +4,501 | +26% |
|
6
Cambridge Investment Research Advisors
Fairfield,
Iowa
| $252K | – | – | – |
|
|
CRC
7
Curi RMB Capital
Chicago,
Illinois
| $244K | +$249K | +16,473 | New |
|
|
LCM
8
Laurion Capital Management
New York
| $160K | +$164K | +10,832 | New |
|
|
LTFS
9
Ladenburg Thalmann Financial Services
Miami,
Florida
| $121K | – | – | – |
|
10
Wells Fargo
San Francisco,
California
| $96K | +$36.3K | +2,401 | +59% |
|
11
Bank of America
Charlotte,
North Carolina
| $44K | +$15.1K | +1,000 | +50% |
|
12
Citigroup
New York
| $12K | – | – | – |
|
|
TRCT
13
Tower Research Capital (TRC)
New York
| $5K | +$4.6K | +304 | New |
|
|
AG
14
Advisor Group
Phoenix,
Arizona
| – | -$33K | -2,100 | Closed |
|
|
IA
15
IFP Advisors
Tampa,
Florida
| – | -$25K | -1,600 | Closed |
|
BFY Hedge Fund Activity: Q4 2017 in Review
13 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in BlackRock New York Municipal Income Trust II (BFY) for Q4 2017, worth a combined $5.22M — up 6.4% from $4.91M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new BFY positions and 2 closed out — a net gain of 1 holder — while 5 added to existing stakes and 2 trimmed.
The largest buyer was UBS Group, adding an estimated $393K. The largest seller was Guggenheim Capital, cutting an estimated $317K.
- 13 institutional investors held BlackRock New York Municipal Income Trust II (BFY) as of Q4 2017, up from 12 in Q3 2017.
- Funds reported $5.22M of BlackRock New York Municipal Income Trust II stock for Q4 2017, up 6.4% quarter-over-quarter.
- 3 funds opened new BlackRock New York Municipal Income Trust II positions in Q4 2017 and 2 closed out, a net change of +1 holder.
- The largest BlackRock New York Municipal Income Trust II buyer in Q4 2017 was UBS Group, an estimated $393K added.
- The largest BlackRock New York Municipal Income Trust II seller in Q4 2017 was Guggenheim Capital, an estimated $317K sold.
Based on aggregated 13F filings for Q4 2017.