BLACKROCK MUNICIPAL BOND INVESTMENT TRUST
BIE
BIE was delisted on the 13th of May, 2016.
12 hedge funds and large institutions have $3.5M invested in BLACKROCK MUNICIPAL BOND INVESTMENT TRUST in 2015 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 1 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
0% more funds holding
Funds holding: 12 → 12 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
7% less capital invested
Capital invested by funds: $3.75M → $3.5M (-$245K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$111K |
| 2 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
+$81.6K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$78.1K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$40.3K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$17.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$168K |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$159K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$24.5K |
| 4 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$21.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $1.16M | +$111K | +7,595 | +10% |
|
|
MSL
2
Mackay Shields LLC
New York
| $701K | – | – | – |
|
|
KIM
3
Karpus Investment Management
Pittsford,
New York
| $681K | -$24.5K | -1,681 | -3% |
|
|
TCM
4
Tradewinds Capital Management
Bellingham,
Washington
| $296K | +$81.6K | +5,600 | +36% |
|
|
5
UBS Group
Zurich,
Switzerland
| $221K | +$78.1K | +5,360 | +52% |
|
|
HK
6
Horizon Kinetics
New York
| $205K | – | – | – |
|
|
7
Wells Fargo
San Francisco,
California
| $87K | +$17.5K | +1,200 | +24% |
|
|
8
Bank of America
Charlotte,
North Carolina
| $75K | -$168K | -11,547 | -68% |
|
|
WAM
9
Wolverine Asset Management
Chicago,
Illinois
| $40K | +$40.3K | +2,765 | +1,894% |
|
|
BFEC
10
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $25K | – | – | – |
|
|
MFS
11
MSI Financial Services
Springfield,
Massachusetts
| $7K | -$21.9K | -1,500 | -75% |
|
|
TRCT
12
Tower Research Capital (TRC)
New York
| $4K | +$4.37K | +300 | New |
|
|
CRC
13
Curi RMB Capital
Chicago,
Illinois
| – | -$159K | -10,672 | Closed |
|
BIE Hedge Fund Activity: Q2 2015 in Review
12 of the 3,713 institutional investors tracked by Wall St. Rank reported a position in BLACKROCK MUNICIPAL BOND INVESTMENT TRUST (BIE) for Q2 2015, worth a combined $3.5M — down 6.5% from $3.75M a quarter earlier.
Fund positioning in BIE was balanced in Q2 2015: 1 fund opened new positions, 1 closed out, 5 added to existing stakes and 3 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $111K. The largest seller was Bank of America, cutting an estimated $168K.
- 12 institutional investors held BLACKROCK MUNICIPAL BOND INVESTMENT TRUST (BIE) as of Q2 2015, unchanged from Q1 2015.
- Funds reported $3.5M of BLACKROCK MUNICIPAL BOND INVESTMENT TRUST stock for Q2 2015, down 6.5% quarter-over-quarter.
- 1 fund opened new BLACKROCK MUNICIPAL BOND INVESTMENT TRUST positions in Q2 2015 and 1 closed out, a net change of 0 holders.
- The largest BLACKROCK MUNICIPAL BOND INVESTMENT TRUST buyer in Q2 2015 was Morgan Stanley, an estimated $111K added.
- The largest BLACKROCK MUNICIPAL BOND INVESTMENT TRUST seller in Q2 2015 was Bank of America, an estimated $168K sold.
Based on aggregated 13F filings for Q2 2015.