BlackRock Virginia Muni Bond Trust
11 hedge funds and large institutions have $1.1M invested in BlackRock Virginia Muni Bond Trust in 2017 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
55% more capital invested
Capital invested by funds: $713K → $1.1M (+$390K)
22% more funds holding
Funds holding: 9 → 11 (+2)
1.53% more ownership
Funds ownership: 2.48% → 4.01% (+1.5%)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$260K |
| 2 |
DOA
D'Orazio & Associates
Falls Church,
Virginia
|
+$17.2K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$13.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NFG
Next Financial Group
Houston,
Texas
|
-$19K |
| 2 |
Morgan Stanley
New York
|
-$7.76K |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
-$7.39K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$3.69K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CRC
1
Curi RMB Capital
Chicago,
Illinois
| $256K | +$260K | +14,878 | New |
|
|
2
UBS Group
Zurich,
Switzerland
| $248K | -$3.69K | -211 | -1% |
|
|
THWM
3
Taylor Hoffman Wealth Management
Richmond,
Virginia
| $172K | +$175K | +10,001 | New |
|
4
Wells Fargo
San Francisco,
California
| $138K | – | – | – |
|
|
5
Morgan Stanley
New York
| $100K | -$7.76K | -444 | -7% |
|
|
AG
6
Advisor Group
Phoenix,
Arizona
| $43K | -$7.39K | -423 | -14% |
|
|
7
Bank of America
Charlotte,
North Carolina
| $42K | +$13.1K | +750 | +44% |
|
|
LNB
8
Ledyard National Bank
| $37K | – | – | – |
|
9
Royal Bank of Canada
Toronto,
Ontario, Canada
| $33K | – | – | – |
|
|
LTFS
10
Ladenburg Thalmann Financial Services
Miami,
Florida
| $17K | – | – | – |
|
|
DOA
11
D'Orazio & Associates
Falls Church,
Virginia
| $17K | +$17.2K | +982 | New |
|
|
NFG
12
Next Financial Group
Houston,
Texas
| – | -$19K | -1,040 | Closed |
|
BHV Hedge Fund Activity: Q4 2017 in Review
11 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in BlackRock Virginia Muni Bond Trust (BHV) for Q4 2017, worth a combined $1.1M — up 55% from $713K a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new BHV positions and 1 closed out — a net gain of 2 holders — while 1 added to existing stakes and 3 trimmed.
The largest buyer was Curi RMB Capital, opening a new position worth an estimated $260K. The largest seller was Next Financial Group, exiting entirely with an estimated $19K sold.
- 11 institutional investors held BlackRock Virginia Muni Bond Trust (BHV) as of Q4 2017, up from 9 in Q3 2017.
- Funds reported $1.1M of BlackRock Virginia Muni Bond Trust stock for Q4 2017, up 55% quarter-over-quarter.
- 3 funds opened new BlackRock Virginia Muni Bond Trust positions in Q4 2017 and 1 closed out, a net change of +2 holders.
- The largest BlackRock Virginia Muni Bond Trust buyer in Q4 2017 was Curi RMB Capital, an estimated $260K added.
- The largest BlackRock Virginia Muni Bond Trust seller in Q4 2017 was Next Financial Group, an estimated $19K sold.
Based on aggregated 13F filings for Q4 2017.