Blackrock Municipal 2020 Term Trust
BKK
BKK was delisted on the 15th of December, 2020.
39 hedge funds and large institutions have $38.4M invested in Blackrock Municipal 2020 Term Trust in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 9 reducing their positions, and 5 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 9
2% less capital invested
Capital invested by funds: $39.2M → $38.4M (-$819K)
5% less funds holding
Funds holding: 41 → 39 (-2)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$223K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$219K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$141K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$103K |
| 5 |
AIM
Anchor Investment Management
Columbia,
South Carolina
|
+$82.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$467K |
| 2 |
LPL Financial
San Diego,
California
|
-$421K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$403K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$177K |
| 5 |
LFR
Lehman Financial Resources
Media,
Pennsylvania
|
-$119K |
BKK Hedge Fund Activity: Q3 2016 in Review
39 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal 2020 Term Trust (BKK) for Q3 2016, worth a combined $38.4M — down 2.1% from $39.2M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BKK and 4 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 15 added.
The largest buyer was Raymond James Financial Services Advisors, opening a new position worth an estimated $223K. The largest seller was Curi RMB Capital, exiting entirely with an estimated $467K sold.
- 39 institutional investors held Blackrock Municipal 2020 Term Trust (BKK) as of Q3 2016, down from 41 in Q2 2016.
- Funds reported $38.4M of Blackrock Municipal 2020 Term Trust stock for Q3 2016, down 2.1% quarter-over-quarter.
- 4 funds opened new Blackrock Municipal 2020 Term Trust positions in Q3 2016 and 5 closed out, a net change of -1 holder.
- The largest Blackrock Municipal 2020 Term Trust buyer in Q3 2016 was Raymond James Financial Services Advisors, an estimated $223K added.
- The largest Blackrock Municipal 2020 Term Trust seller in Q3 2016 was Curi RMB Capital, an estimated $467K sold.
Based on aggregated 13F filings for Q3 2016.