Blackrock Municipal 2020 Term Trust
BKK
BKK was delisted on the 15th of December, 2020.
38 hedge funds and large institutions have $35.1M invested in Blackrock Municipal 2020 Term Trust in 2015 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 14 increasing their positions, 6 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
133% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 6
27% more funds holding
Funds holding: 30 → 38 (+8)
14% more capital invested
Capital invested by funds: $30.9M → $35.1M (+$4.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NL
NWAM LLC
Mercer Island,
Washington
|
+$1.78M |
| 2 |
LPL Financial
San Diego,
California
|
+$859K |
| 3 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$599K |
| 4 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
+$195K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$189K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$837K |
| 2 |
FHA
First Horizon Advisors
Memphis,
Tennessee
|
-$145K |
| 3 |
LFR
Lehman Financial Resources
Media,
Pennsylvania
|
-$51.8K |
| 4 |
CT
Cambridge Trust
Cambridge,
Massachusetts
|
-$47.3K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$27.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $121K | +$67.7K | +4,291 | +128% |
|
27
Creative Planning
Overland Park,
Kansas
| $58K | +$33.7K | +2,138 | +143% |
|
|
LTFS
28
Ladenburg Thalmann Financial Services
Miami,
Florida
| $56K | +$55.2K | +3,500 | New |
|
|
NFG
29
Next Financial Group
Houston,
Texas
| $53K | – | – | – |
|
|
AWM
30
Avior Wealth Management
Omaha,
Nebraska
| $49K | – | – | – |
|
|
IA
31
IFP Advisors
Tampa,
Florida
| $40K | +$39.4K | +2,500 | New |
|
32
Fifth Third Bancorp
Cincinnati,
Ohio
| $34K | -$4.65K | -295 | -12% |
|
33
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $18K | – | – | – |
|
|
CTC
34
Central Trust Company
Jefferson City,
Missouri
| $8K | – | – | – |
|
35
Citigroup
New York
| $7K | +$6.92K | +439 | +2,311% |
|
|
TRCT
36
Tower Research Capital (TRC)
New York
| $2K | +$1.58K | +100 | New |
|
37
Barclays
London,
United Kingdom
| $1K | +$1.55K | +98 | New |
|
|
FHA
38
First Horizon Advisors
Memphis,
Tennessee
| – | -$145K | -9,246 | Closed |
|
|
WCM
39
Windsor Capital Management
Phoenix,
Arizona
| – | -$6K | -400 | Closed |
|
BKK Hedge Fund Activity: Q4 2015 in Review
38 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal 2020 Term Trust (BKK) for Q4 2015, worth a combined $35.1M — up 14% from $30.9M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new BKK positions and 2 closed out — a net gain of 8 holders — while 14 added to existing stakes and 6 trimmed.
The largest buyer was NWAM LLC, opening a new position worth an estimated $1.78M. The largest seller was Bank of America, cutting an estimated $837K.
- 38 institutional investors held Blackrock Municipal 2020 Term Trust (BKK) as of Q4 2015, up from 30 in Q3 2015.
- Funds reported $35.1M of Blackrock Municipal 2020 Term Trust stock for Q4 2015, up 14% quarter-over-quarter.
- 10 funds opened new Blackrock Municipal 2020 Term Trust positions in Q4 2015 and 2 closed out, a net change of +8 holders.
- The largest Blackrock Municipal 2020 Term Trust buyer in Q4 2015 was NWAM LLC, an estimated $1.78M added.
- The largest Blackrock Municipal 2020 Term Trust seller in Q4 2015 was Bank of America, an estimated $837K sold.
Based on aggregated 13F filings for Q4 2015.