BlackRock New York Municipal Income Trust II
BFY was delisted on the 9th of April, 2021.
15 hedge funds and large institutions have $8.86M invested in BlackRock New York Municipal Income Trust II in 2019 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 4 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 4
17% less funds holding
Funds holding: 18 → 15 (-3)
17% less capital invested
Capital invested by funds: $10.7M → $8.86M (-$1.8M)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$193K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$145K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$103K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$89.4K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$23.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$1.57M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$260K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$230K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$216K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$163K |
BFY Hedge Fund Activity: Q3 2019 in Review
15 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in BlackRock New York Municipal Income Trust II (BFY) for Q3 2019, worth a combined $8.86M — down 17% from $10.7M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of BFY and 1 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 7 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $193K. The largest seller was Saba Capital Management, exiting entirely with an estimated $1.57M sold.
- 15 institutional investors held BlackRock New York Municipal Income Trust II (BFY) as of Q3 2019, down from 18 in Q2 2019.
- Funds reported $8.86M of BlackRock New York Municipal Income Trust II stock for Q3 2019, down 17% quarter-over-quarter.
- 1 fund opened new BlackRock New York Municipal Income Trust II positions in Q3 2019 and 4 closed out, a net change of -3 holders.
- The largest BlackRock New York Municipal Income Trust II buyer in Q3 2019 was Rivernorth Capital Management, an estimated $193K added.
- The largest BlackRock New York Municipal Income Trust II seller in Q3 2019 was Saba Capital Management, an estimated $1.57M sold.
Based on aggregated 13F filings for Q3 2019.