BlackRock New York Municipal Income Trust II
BFY was delisted on the 9th of April, 2021.
15 hedge funds and large institutions have $8.29M invested in BlackRock New York Municipal Income Trust II in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
7% more funds holding
Funds holding: 14 → 15 (+1)
5% more capital invested
Capital invested by funds: $7.91M → $8.29M (+$383K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$531K |
| 2 |
DWM
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
+$346K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$316K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$198K |
| 5 |
Citigroup
New York
|
+$117K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$147K |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$99.9K |
| 3 |
MSL
Mackay Shields LLC
New York
|
-$59.7K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$29.2K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$28.3K |
BFY Hedge Fund Activity: Q1 2020 in Review
15 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in BlackRock New York Municipal Income Trust II (BFY) for Q1 2020, worth a combined $8.29M — up 4.8% from $7.91M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new BFY positions and 2 closed out — a net gain of 1 holder — while 8 added to existing stakes and 4 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $531K. The largest seller was Ameriprise, exiting entirely with an estimated $147K sold.
- 15 institutional investors held BlackRock New York Municipal Income Trust II (BFY) as of Q1 2020, up from 14 in Q4 2019.
- Funds reported $8.29M of BlackRock New York Municipal Income Trust II stock for Q1 2020, up 4.8% quarter-over-quarter.
- 3 funds opened new BlackRock New York Municipal Income Trust II positions in Q1 2020 and 2 closed out, a net change of +1 holder.
- The largest BlackRock New York Municipal Income Trust II buyer in Q1 2020 was Karpus Investment Management, an estimated $531K added.
- The largest BlackRock New York Municipal Income Trust II seller in Q1 2020 was Ameriprise, an estimated $147K sold.
Based on aggregated 13F filings for Q1 2020.