BlackRock New York Municipal Income Trust II
BFY was delisted on the 9th of April, 2021.
19 hedge funds and large institutions have $10.3M invested in BlackRock New York Municipal Income Trust II in 2018 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 4 closing their positions.
25% more capital invested
Capital invested by funds: $8.24M → $10.3M (+$2.03M)
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
5% less funds holding
Funds holding: 20 → 19 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$1.43M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$854K |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
+$643K |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$165K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$136K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$696K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$230K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$164K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$120K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$98.8K |
BFY Hedge Fund Activity: Q3 2018 in Review
19 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in BlackRock New York Municipal Income Trust II (BFY) for Q3 2018, worth a combined $10.3M — up 25% from $8.24M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of BFY and 3 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 8 added.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $1.43M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $696K sold.
- 19 institutional investors held BlackRock New York Municipal Income Trust II (BFY) as of Q3 2018, down from 20 in Q2 2018.
- Funds reported $10.3M of BlackRock New York Municipal Income Trust II stock for Q3 2018, up 25% quarter-over-quarter.
- 3 funds opened new BlackRock New York Municipal Income Trust II positions in Q3 2018 and 4 closed out, a net change of -1 holder.
- The largest BlackRock New York Municipal Income Trust II buyer in Q3 2018 was Saba Capital Management, an estimated $1.43M added.
- The largest BlackRock New York Municipal Income Trust II seller in Q3 2018 was Laurion Capital Management, an estimated $696K sold.
Based on aggregated 13F filings for Q3 2018.