Blackrock Municipal 2020 Term Trust
BKK
BKK was delisted on the 15th of December, 2020.
30 hedge funds and large institutions have $33.2M invested in Blackrock Municipal 2020 Term Trust in 2015 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
7% more funds holding
Funds holding: 28 → 30 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $34.3M → $33.2M (-$1.11M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SLA
Silver Lake Advisory
Cottonwood Heights,
Utah
|
+$715K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$645K |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$293K |
| 4 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
+$221K |
| 5 |
Morgan Stanley
New York
|
+$211K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$697K |
| 2 |
NG
NatWest Group
Edinburgh, Scotland,
United Kingdom
|
-$303K |
| 3 |
WKWM
Walter & Keenan Wealth Management
Souh Bend,
Indiana
|
-$76.9K |
| 4 |
FHA
First Horizon Advisors
Memphis,
Tennessee
|
-$71.7K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$25K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Fifth Third Bancorp
Cincinnati,
Ohio
| $23K | – | – | – |
|
27
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $18K | +$18.7K | +1,166 | New |
|
|
CTC
28
Central Trust Company
Jefferson City,
Missouri
| $7K | – | – | – |
|
29
Barclays
London,
United Kingdom
| $1K | +$1.22K | +76 | New |
|
|
NG
30
NatWest Group
Edinburgh, Scotland,
United Kingdom
| – | -$303K | -18,300 | Closed |
|
|
31
Creative Planning
Overland Park,
Kansas
| – | -$25K | -1,500 | Closed |
|
|
TDC
32
Thompson Davis & Co
Richmond,
Virginia
| – | -$17K | -1,034 | Closed |
|
33
Citigroup
New York
| – | -$5K | -307 | Closed |
|
BKK Hedge Fund Activity: Q2 2015 in Review
30 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal 2020 Term Trust (BKK) for Q2 2015, worth a combined $33.2M — down 3.2% from $34.3M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BKK positions and 4 closed out — a net gain of 2 holders — while 8 added to existing stakes and 6 trimmed.
The largest buyer was Silver Lake Advisory, opening a new position worth an estimated $715K. The largest seller was UBS Group, cutting an estimated $697K.
- 30 institutional investors held Blackrock Municipal 2020 Term Trust (BKK) as of Q2 2015, up from 28 in Q1 2015.
- Funds reported $33.2M of Blackrock Municipal 2020 Term Trust stock for Q2 2015, down 3.2% quarter-over-quarter.
- 6 funds opened new Blackrock Municipal 2020 Term Trust positions in Q2 2015 and 4 closed out, a net change of +2 holders.
- The largest Blackrock Municipal 2020 Term Trust buyer in Q2 2015 was Silver Lake Advisory, an estimated $715K added.
- The largest Blackrock Municipal 2020 Term Trust seller in Q2 2015 was UBS Group, an estimated $697K sold.
Based on aggregated 13F filings for Q2 2015.