BLACKROCK MUNICIPAL BOND INVESTMENT TRUST
BIE
BIE was delisted on the 13th of May, 2016.
10 hedge funds and large institutions have $3.39M invested in BLACKROCK MUNICIPAL BOND INVESTMENT TRUST in 2016 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 5 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
13% less capital invested
Capital invested by funds: $3.89M → $3.39M (-$504K)
29% less funds holding
Funds holding: 14 → 10 (-4)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$523K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$54.2K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$28.6K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$9.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$709K |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$391K |
| 3 |
Morgan Stanley
New York
|
-$164K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$30K |
| 5 |
Citigroup
New York
|
-$13K |
BIE Hedge Fund Activity: Q1 2016 in Review
10 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in BLACKROCK MUNICIPAL BOND INVESTMENT TRUST (BIE) for Q1 2016, worth a combined $3.39M — down 13% from $3.89M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BIE and 1 opened new positions — a net loss of 4 holders — while 3 trimmed existing stakes and 3 added.
The largest buyer was Sit Investment Associates, adding an estimated $523K. The largest seller was Karpus Investment Management, exiting entirely with an estimated $709K sold.
- 10 institutional investors held BLACKROCK MUNICIPAL BOND INVESTMENT TRUST (BIE) as of Q1 2016, down from 14 in Q4 2015.
- Funds reported $3.39M of BLACKROCK MUNICIPAL BOND INVESTMENT TRUST stock for Q1 2016, down 13% quarter-over-quarter.
- 1 fund opened new BLACKROCK MUNICIPAL BOND INVESTMENT TRUST positions in Q1 2016 and 5 closed out, a net change of -4 holders.
- The largest BLACKROCK MUNICIPAL BOND INVESTMENT TRUST buyer in Q1 2016 was Sit Investment Associates, an estimated $523K added.
- The largest BLACKROCK MUNICIPAL BOND INVESTMENT TRUST seller in Q1 2016 was Karpus Investment Management, an estimated $709K sold.
Based on aggregated 13F filings for Q1 2016.