Blackrock Municipal 2020 Term Trust
BKK
BKK was delisted on the 15th of December, 2020.
29 hedge funds and large institutions have $26.8M invested in Blackrock Municipal 2020 Term Trust in 2014 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 3 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 8
1% more capital invested
Capital invested by funds: $26.6M → $26.8M (+$252K)
9% less funds holding
Funds holding: 32 → 29 (-3)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.74M |
| 2 |
LFR
Lehman Financial Resources
Media,
Pennsylvania
|
+$363K |
| 3 |
Morgan Stanley
New York
|
+$311K |
| 4 |
WKWM
Walter & Keenan Wealth Management
Souh Bend,
Indiana
|
+$133K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$94K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$2.15M |
| 2 |
LPL Financial
San Diego,
California
|
-$386K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$229K |
| 4 |
NG
NatWest Group
Edinburgh, Scotland,
United Kingdom
|
-$187K |
| 5 |
FHA
First Horizon Advisors
Memphis,
Tennessee
|
-$51.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $12K | -$2.54K | -153 | -17% |
|
|
CTC
27
Central Trust Company
Jefferson City,
Missouri
| $11K | – | – | – |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $10K | +$9.42K | +568 | +789% |
|
|
NFG
29
Next Financial Group
Houston,
Texas
| $6K | +$5.97K | +360 | New |
|
|
GC
30
Guggenheim Capital
Chicago,
Illinois
| – | -$229K | -13,955 | Closed |
|
|
PP
31
Palladium Partners
Norfolk,
Virginia
| – | -$38K | -2,300 | Closed |
|
32
Barclays
London,
United Kingdom
| – | -$1K | -87 | Closed |
|
BKK Hedge Fund Activity: Q2 2014 in Review
29 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal 2020 Term Trust (BKK) for Q2 2014, worth a combined $26.8M — up 0.95% from $26.6M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of BKK and 1 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 13 added.
The largest buyer was Bank of America, adding an estimated $2.74M. The largest seller was Invesco, cutting an estimated $2.15M.
- 29 institutional investors held Blackrock Municipal 2020 Term Trust (BKK) as of Q2 2014, down from 32 in Q1 2014.
- Funds reported $26.8M of Blackrock Municipal 2020 Term Trust stock for Q2 2014, up 0.95% quarter-over-quarter.
- 1 fund opened new Blackrock Municipal 2020 Term Trust positions in Q2 2014 and 3 closed out, a net change of -2 holders.
- The largest Blackrock Municipal 2020 Term Trust buyer in Q2 2014 was Bank of America, an estimated $2.74M added.
- The largest Blackrock Municipal 2020 Term Trust seller in Q2 2014 was Invesco, an estimated $2.15M sold.
Based on aggregated 13F filings for Q2 2014.