BlackRock New York Municipal Income Trust II
BFY was delisted on the 9th of April, 2021.
18 hedge funds and large institutions have $10M invested in BlackRock New York Municipal Income Trust II in 2021 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
16% more capital invested
Capital invested by funds: $8.69M → $10M (+$1.35M)
6% more funds holding
Funds holding: 17 → 18 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$840K |
| 2 |
CC
Claybrook Capital
Wellesley,
Massachusetts
|
+$333K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$152K |
| 4 |
Morgan Stanley
New York
|
+$79K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$29.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.41M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$293K |
| 3 |
DWM
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
-$239K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$189K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$88.9K |
BFY Hedge Fund Activity: Q1 2021 in Review
18 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in BlackRock New York Municipal Income Trust II (BFY) for Q1 2021, worth a combined $10M — up 16% from $8.69M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new BFY positions and 4 closed out — a net gain of 1 holder — while 5 added to existing stakes and 4 trimmed.
The largest buyer was Icon Advisers, opening a new position worth an estimated $840K. The largest seller was Karpus Investment Management, exiting entirely with an estimated $1.41M sold.
- 18 institutional investors held BlackRock New York Municipal Income Trust II (BFY) as of Q1 2021, up from 17 in Q4 2020.
- Funds reported $10M of BlackRock New York Municipal Income Trust II stock for Q1 2021, up 16% quarter-over-quarter.
- 5 funds opened new BlackRock New York Municipal Income Trust II positions in Q1 2021 and 4 closed out, a net change of +1 holder.
- The largest BlackRock New York Municipal Income Trust II buyer in Q1 2021 was Icon Advisers, an estimated $840K added.
- The largest BlackRock New York Municipal Income Trust II seller in Q1 2021 was Karpus Investment Management, an estimated $1.41M sold.
Based on aggregated 13F filings for Q1 2021.