Blackrock Municipal 2020 Term Trust
BKK
BKK was delisted on the 15th of December, 2020.
29 hedge funds and large institutions have $28.5M invested in Blackrock Municipal 2020 Term Trust in 2014 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 2 closing their positions.
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
6% more capital invested
Capital invested by funds: $26.8M → $28.5M (+$1.7M)
0% more funds holding
Funds holding: 29 → 29 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LFR
Lehman Financial Resources
Media,
Pennsylvania
|
+$3.32M |
| 2 |
Morgan Stanley
New York
|
+$778K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$478K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$283K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$219K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.25M |
| 2 |
NL
NWAM LLC
Mercer Island,
Washington
|
-$1.13M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$116K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$61.4K |
| 5 |
US Bancorp
Minneapolis,
Minnesota
|
-$38K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $16K | +$5.75K | +351 | +55% |
|
|
CTC
27
Central Trust Company
Jefferson City,
Missouri
| $11K | – | – | – |
|
|
NFG
28
Next Financial Group
Houston,
Texas
| $6K | -$16 | -1 | -0.3% |
|
|
NG
29
NatWest Group
Edinburgh, Scotland,
United Kingdom
| $324 | -$32.7K | -2,000 | -9% |
|
|
NL
30
NWAM LLC
Mercer Island,
Washington
| – | -$1.13M | -69,376 | Closed |
|
|
31
US Bancorp
Minneapolis,
Minnesota
| – | -$38K | -2,350 | Closed |
|
BKK Hedge Fund Activity: Q3 2014 in Review
29 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal 2020 Term Trust (BKK) for Q3 2014, worth a combined $28.5M — up 6.3% from $26.8M a quarter earlier.
Fund positioning in BKK was balanced in Q3 2014: 2 funds opened new positions, 2 closed out, 11 added to existing stakes and 6 trimmed.
The largest buyer was Lehman Financial Resources, adding an estimated $3.32M. The largest seller was Invesco, cutting an estimated $1.25M.
- 29 institutional investors held Blackrock Municipal 2020 Term Trust (BKK) as of Q3 2014, unchanged from Q2 2014.
- Funds reported $28.5M of Blackrock Municipal 2020 Term Trust stock for Q3 2014, up 6.3% quarter-over-quarter.
- 2 funds opened new Blackrock Municipal 2020 Term Trust positions in Q3 2014 and 2 closed out, a net change of 0 holders.
- The largest Blackrock Municipal 2020 Term Trust buyer in Q3 2014 was Lehman Financial Resources, an estimated $3.32M added.
- The largest Blackrock Municipal 2020 Term Trust seller in Q3 2014 was Invesco, an estimated $1.25M sold.
Based on aggregated 13F filings for Q3 2014.