BlackRock New York Municipal Income Trust II
BFY was delisted on the 9th of April, 2021.
20 hedge funds and large institutions have $12.1M invested in BlackRock New York Municipal Income Trust II in 2018 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
18% more capital invested
Capital invested by funds: $10.3M → $12.1M (+$1.84M)
5% more funds holding
Funds holding: 19 → 20 (+1)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.76M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.07M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$724K |
| 4 |
MSL
Mackay Shields LLC
New York
|
+$462K |
| 5 |
SCM
Saba Capital Management
New York
|
+$411K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
-$1.31M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$426K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$301K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$285K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
-$165K |
BFY Hedge Fund Activity: Q4 2018 in Review
20 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in BlackRock New York Municipal Income Trust II (BFY) for Q4 2018, worth a combined $12.1M — up 18% from $10.3M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new BFY positions and 3 closed out — a net gain of 1 holder — while 5 added to existing stakes and 9 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $1.76M. The largest seller was Matisse Capital, cutting an estimated $1.31M.
- 20 institutional investors held BlackRock New York Municipal Income Trust II (BFY) as of Q4 2018, up from 19 in Q3 2018.
- Funds reported $12.1M of BlackRock New York Municipal Income Trust II stock for Q4 2018, up 18% quarter-over-quarter.
- 4 funds opened new BlackRock New York Municipal Income Trust II positions in Q4 2018 and 3 closed out, a net change of +1 holder.
- The largest BlackRock New York Municipal Income Trust II buyer in Q4 2018 was Karpus Investment Management, an estimated $1.76M added.
- The largest BlackRock New York Municipal Income Trust II seller in Q4 2018 was Matisse Capital, an estimated $1.31M sold.
Based on aggregated 13F filings for Q4 2018.