Blackrock Municipal 2020 Term Trust
BKK
BKK was delisted on the 15th of December, 2020.
32 hedge funds and large institutions have $26.6M invested in Blackrock Municipal 2020 Term Trust in 2014 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 8 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
38% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 8
10% more funds holding
Funds holding: 29 → 32 (+3)
1% less capital invested
Capital invested by funds: $26.9M → $26.6M (-$286K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LFR
Lehman Financial Resources
Media,
Pennsylvania
|
+$475K |
| 2 |
SMC
Smith, Moore & Co
Clayton,
Missouri
|
+$289K |
| 3 |
NL
NWAM LLC
Mercer Island,
Washington
|
+$274K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$273K |
| 5 |
LPL Financial
San Diego,
California
|
+$169K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$3.24M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$904K |
| 3 |
FHA
First Horizon Advisors
Memphis,
Tennessee
|
-$273K |
| 4 |
SG Americas Securities
New York
|
-$164K |
| 5 |
NG
NatWest Group
Edinburgh, Scotland,
United Kingdom
|
-$106K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Fifth Third Bancorp
Cincinnati,
Ohio
| $24K | – | – | – |
|
|
AIG
27
American International Group
New York
| $21.8K | – | – | – |
|
|
TDC
28
Thompson Davis & Co
Richmond,
Virginia
| $16K | – | – | – |
|
29
Citigroup
New York
| $15K | +$12.5K | +771 | +521% |
|
|
CTC
30
Central Trust Company
Jefferson City,
Missouri
| $11K | – | – | – |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| $1K | -$27.7K | -1,704 | -96% |
|
32
Barclays
London,
United Kingdom
| $1K | -$14.8K | -913 | -91% |
|
|
33
SG Americas Securities
New York
| – | -$164K | -10,388 | Closed |
|
|
BIM
34
BlackRock Investment Management
Wilmington,
Delaware
| – | -$16K | -1,000 | Closed |
|
BKK Hedge Fund Activity: Q1 2014 in Review
32 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal 2020 Term Trust (BKK) for Q1 2014, worth a combined $26.6M — down 1.1% from $26.9M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new BKK positions and 2 closed out — a net gain of 3 holders — while 11 added to existing stakes and 8 trimmed.
The largest buyer was Lehman Financial Resources, adding an estimated $475K. The largest seller was Invesco, cutting an estimated $3.24M.
- 32 institutional investors held Blackrock Municipal 2020 Term Trust (BKK) as of Q1 2014, up from 29 in Q4 2013.
- Funds reported $26.6M of Blackrock Municipal 2020 Term Trust stock for Q1 2014, down 1.1% quarter-over-quarter.
- 5 funds opened new Blackrock Municipal 2020 Term Trust positions in Q1 2014 and 2 closed out, a net change of +3 holders.
- The largest Blackrock Municipal 2020 Term Trust buyer in Q1 2014 was Lehman Financial Resources, an estimated $475K added.
- The largest Blackrock Municipal 2020 Term Trust seller in Q1 2014 was Invesco, an estimated $3.24M sold.
Based on aggregated 13F filings for Q1 2014.