BLACKROCK MUNICIPAL BOND INVESTMENT TRUST
BIE
BIE was delisted on the 13th of May, 2016.
14 hedge funds and large institutions have $2.82M invested in BLACKROCK MUNICIPAL BOND INVESTMENT TRUST in 2013 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
49% more capital invested
Capital invested by funds: $1.9M → $2.82M (+$921K)
27% more funds holding
Funds holding: 11 → 14 (+3)
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$517K |
| 2 |
OA
Oxbow Advisors
Austin,
Texas
|
+$223K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$167K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$33.2K |
| 5 |
Citigroup
New York
|
+$11.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HK
Horizon Kinetics
New York
|
-$28K |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$28K |
| 3 |
Morgan Stanley
New York
|
-$27.9K |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$18.1K |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$1.66K |
BIE Hedge Fund Activity: Q4 2013 in Review
14 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in BLACKROCK MUNICIPAL BOND INVESTMENT TRUST (BIE) for Q4 2013, worth a combined $2.82M — up 49% from $1.9M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new BIE positions and 1 closed out — a net gain of 3 holders — while 5 added to existing stakes and 4 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $517K. The largest seller was Horizon Kinetics, cutting an estimated $28K.
- 14 institutional investors held BLACKROCK MUNICIPAL BOND INVESTMENT TRUST (BIE) as of Q4 2013, up from 11 in Q3 2013.
- Funds reported $2.82M of BLACKROCK MUNICIPAL BOND INVESTMENT TRUST stock for Q4 2013, up 49% quarter-over-quarter.
- 4 funds opened new BLACKROCK MUNICIPAL BOND INVESTMENT TRUST positions in Q4 2013 and 1 closed out, a net change of +3 holders.
- The largest BLACKROCK MUNICIPAL BOND INVESTMENT TRUST buyer in Q4 2013 was Karpus Investment Management, an estimated $517K added.
- The largest BLACKROCK MUNICIPAL BOND INVESTMENT TRUST seller in Q4 2013 was Horizon Kinetics, an estimated $28K sold.
Based on aggregated 13F filings for Q4 2013.