BLACKROCK MUNICIPAL BOND INVESTMENT TRUST
BIE
BIE was delisted on the 13th of May, 2016.
13 hedge funds and large institutions have $3.73M invested in BLACKROCK MUNICIPAL BOND INVESTMENT TRUST in 2015 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
8% more funds holding
Funds holding: 12 → 13 (+1)
7% more capital invested
Capital invested by funds: $3.5M → $3.73M (+$229K)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$163K |
| 2 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
+$141K |
| 3 |
Citigroup
New York
|
+$25.9K |
| 4 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
+$12.8K |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$8.51K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$70K |
| 2 |
HK
Horizon Kinetics
New York
|
-$50.5K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$40K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$17K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$15.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $1.35M | +$163K | +11,523 | +14% |
|
|
MSL
2
Mackay Shields LLC
New York
| $710K | – | – | – |
|
|
KIM
3
Karpus Investment Management
Pittsford,
New York
| $680K | -$15.6K | -1,100 | -2% |
|
|
TCM
4
Tradewinds Capital Management
Bellingham,
Washington
| $445K | +$141K | +9,937 | +47% |
|
|
HK
5
Horizon Kinetics
New York
| $159K | -$50.5K | -3,561 | -24% |
|
|
6
UBS Group
Zurich,
Switzerland
| $154K | -$70K | -4,936 | -31% |
|
7
Bank of America
Charlotte,
North Carolina
| $77K | – | – | – |
|
|
8
Wells Fargo
San Francisco,
California
| $72K | -$17K | -1,200 | -19% |
|
|
BFEC
9
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $34K | +$8.51K | +600 | +33% |
|
|
10
Citigroup
New York
| $26K | +$25.9K | +1,822 | New |
|
|
RIA
11
Regal Investment Advisors
Kentwood,
Michigan
| $12K | +$12.8K | +900 | New |
|
|
MFS
12
MSI Financial Services
Springfield,
Massachusetts
| $7K | – | – | – |
|
|
TRCT
13
Tower Research Capital (TRC)
New York
| $4K | – | – | – |
|
|
WAM
14
Wolverine Asset Management
Chicago,
Illinois
| – | -$40K | -2,911 | Closed |
|
BIE Hedge Fund Activity: Q3 2015 in Review
13 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in BLACKROCK MUNICIPAL BOND INVESTMENT TRUST (BIE) for Q3 2015, worth a combined $3.73M — up 6.5% from $3.5M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new BIE positions and 1 closed out — a net gain of 1 holder — while 3 added to existing stakes and 4 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $163K. The largest seller was UBS Group, cutting an estimated $70K.
- 13 institutional investors held BLACKROCK MUNICIPAL BOND INVESTMENT TRUST (BIE) as of Q3 2015, up from 12 in Q2 2015.
- Funds reported $3.73M of BLACKROCK MUNICIPAL BOND INVESTMENT TRUST stock for Q3 2015, up 6.5% quarter-over-quarter.
- 2 funds opened new BLACKROCK MUNICIPAL BOND INVESTMENT TRUST positions in Q3 2015 and 1 closed out, a net change of +1 holder.
- The largest BLACKROCK MUNICIPAL BOND INVESTMENT TRUST buyer in Q3 2015 was Morgan Stanley, an estimated $163K added.
- The largest BLACKROCK MUNICIPAL BOND INVESTMENT TRUST seller in Q3 2015 was UBS Group, an estimated $70K sold.
Based on aggregated 13F filings for Q3 2015.