BlackRock New York Municipal Income Trust II
BFY was delisted on the 9th of April, 2021.
17 hedge funds and large institutions have $9.41M invested in BlackRock New York Municipal Income Trust II in 2020 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 2 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
8% less capital invested
Capital invested by funds: $10.3M → $9.41M (-$848K)
11% less funds holding
Funds holding: 19 → 17 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FWM
Focused Wealth Management
Newburgh,
New York
|
+$283K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$12K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$2.92K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$2.18K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.81K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$548K |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$147K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$112K |
| 4 |
MSL
Mackay Shields LLC
New York
|
-$102K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$96K |
BFY Hedge Fund Activity: Q3 2020 in Review
17 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in BlackRock New York Municipal Income Trust II (BFY) for Q3 2020, worth a combined $9.41M — down 8.3% from $10.3M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of BFY and 0 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 6 added.
The largest buyer was Focused Wealth Management, adding an estimated $283K. The largest seller was Karpus Investment Management, cutting an estimated $548K.
- 17 institutional investors held BlackRock New York Municipal Income Trust II (BFY) as of Q3 2020, down from 19 in Q2 2020.
- Funds reported $9.41M of BlackRock New York Municipal Income Trust II stock for Q3 2020, down 8.3% quarter-over-quarter.
- 0 funds opened new BlackRock New York Municipal Income Trust II positions in Q3 2020 and 2 closed out, a net change of -2 holders.
- The largest BlackRock New York Municipal Income Trust II buyer in Q3 2020 was Focused Wealth Management, an estimated $283K added.
- The largest BlackRock New York Municipal Income Trust II seller in Q3 2020 was Karpus Investment Management, an estimated $548K sold.
Based on aggregated 13F filings for Q3 2020.