Blackrock Municipal 2020 Term Trust
BKK
BKK was delisted on the 15th of December, 2020.
30 hedge funds and large institutions have $30.9M invested in Blackrock Municipal 2020 Term Trust in 2015 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 5 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
0% more funds holding
Funds holding: 30 → 30 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
7% less capital invested
Capital invested by funds: $33.2M → $30.9M (-$2.3M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$342K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$117K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$114K |
| 4 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
+$102K |
| 5 |
WKWM
Walter & Keenan Wealth Management
Souh Bend,
Indiana
|
+$74.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.05M |
| 2 |
NL
NWAM LLC
Mercer Island,
Washington
|
-$778K |
| 3 |
SLA
Silver Lake Advisory
Cottonwood Heights,
Utah
|
-$691K |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$283K |
| 5 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
-$213K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CTC
26
Central Trust Company
Jefferson City,
Missouri
| $7K | – | – | – |
|
27
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $6K | +$6.23K | +399 | New |
|
|
WCM
28
Windsor Capital Management
Phoenix,
Arizona
| $6K | +$6.24K | +400 | New |
|
|
NL
29
NWAM LLC
Mercer Island,
Washington
| – | -$778K | -50,000 | Closed |
|
|
SLA
30
Silver Lake Advisory
Cottonwood Heights,
Utah
| – | -$691K | -44,640 | Closed |
|
|
MIG
31
Mariner Investment Group
Harrison,
New York
| – | -$283K | -18,299 | Closed |
|
|
BIM
32
BlackRock Investment Management
Wilmington,
Delaware
| – | -$213K | -13,800 | Closed |
|
33
Barclays
London,
United Kingdom
| – | -$1K | -76 | Closed |
|
34
Citigroup
New York
| – | +$297 | +19 | New |
|
BKK Hedge Fund Activity: Q3 2015 in Review
30 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal 2020 Term Trust (BKK) for Q3 2015, worth a combined $30.9M — down 6.9% from $33.2M a quarter earlier.
Fund positioning in BKK was balanced in Q3 2015: 5 funds opened new positions, 5 closed out, 9 added to existing stakes and 5 trimmed.
The largest buyer was Raymond James & Associates, opening a new position worth an estimated $342K. The largest seller was Bank of America, cutting an estimated $1.05M.
- 30 institutional investors held Blackrock Municipal 2020 Term Trust (BKK) as of Q3 2015, unchanged from Q2 2015.
- Funds reported $30.9M of Blackrock Municipal 2020 Term Trust stock for Q3 2015, down 6.9% quarter-over-quarter.
- 5 funds opened new Blackrock Municipal 2020 Term Trust positions in Q3 2015 and 5 closed out, a net change of 0 holders.
- The largest Blackrock Municipal 2020 Term Trust buyer in Q3 2015 was Raymond James & Associates, an estimated $342K added.
- The largest Blackrock Municipal 2020 Term Trust seller in Q3 2015 was Bank of America, an estimated $1.05M sold.
Based on aggregated 13F filings for Q3 2015.