We are live on ! Find out more
BKK

Blackrock Municipal 2020 Term Trust
BKK

Delisted

BKK was delisted on the 15th of December, 2020.

Back to rankings

49 hedge funds and large institutions have $30.7M invested in Blackrock Municipal 2020 Term Trust in 2019 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 6 increasing their positions, 14 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 5

7% more funds holding

Funds holding: 46 → 49 (+3)

1% more capital invested

Capital invested by funds: $30.3M → $30.7M (+$425K)

57% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 14

Holders
49
Holders Change
+3
Holders Change %
+6.52%
% of All Funds
1.06%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
8
Increased
6
Reduced
14
Closed
5
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
PFS
Prospera Financial Services
Texas
+$642K
2
LTFS
Ladenburg Thalmann Financial Services
Florida
+$354K
3
Baird Financial Group
Baird Financial Group
Wisconsin
+$341K
4
VF
Virtu Financial
New York
+$253K
5
FFA
First Foundation Advisors
California
+$213K

Top Sellers

Rank Fund Capital Flow
1
Millennium Management
Millennium Management
New York
-$333K
2
LDFR
Lehman & Derafelo Financial Resources
Pennsylvania
-$265K
3
Janney Montgomery Scott
Janney Montgomery Scott
Pennsylvania
-$231K
4
Stifel Financial
Stifel Financial
Missouri
-$180K
5
Morgan Stanley
Morgan Stanley
New York
-$175K
Name Holding Trade Value Shares
Change 		Change in
Stake
MFG
26
Magnus Financial Group
New York
$288K +$99.9K +6,640 +53%
NCM
27
Narwhal Capital Management
Georgia
$261K – – –
VF
28
Virtu Financial
New York
$253K +$253K +16,824 New
EWM
29
Edge Wealth Management
New York
$241K -$34.6K -2,300 -13%
FFA
30
First Foundation Advisors
California
$213K +$213K +14,145 New
SPC
31
Sigma Planning Corp
Michigan
$209K – – –
MAS
32
Managed Account Services
Florida
$204K – – –
Cetera Investment Advisers
33
Cetera Investment Advisers
Illinois
$200K -$15.6K -1,039 -7%
PA
34
Pinnacle Associates
New York
$195K -$18.2K -1,210 -9%
CT
35
Cambridge Trust
Massachusetts
$178K – – –
CPIG
36
Chicago Partners Investment Group
Illinois
$172K – – –
AOWM
37
Alpha Omega Wealth Management
Virginia
$154K – – –
WIA
38
Wealthstreet Investment Advisors
Texas
$151K – – –
CFG
39
Citizens Financial Group
Rhode Island
$143K – – –
IWC
40
Integrated Wealth Concepts
Massachusetts
$108K +$179K +11,891 New
NFG
41
Next Financial Group
Texas
$51K +$50.7K +3,367 New
Fifth Third Bancorp
42
Fifth Third Bancorp
Ohio
$46K – – –
SPIA
43
Steward Partners Investment Advisory
New York
$42K +$42.7K +2,839 New
CCM
44
Covington Capital Management
California
$30K – – –
AF
45
Advisornet Financial
Minnesota
$15K – – –
RCAG
46
Rehmann Capital Advisory Group
Michigan
$8.4K – – –
CFGS
47
Concourse Financial Group Securities
Alabama
$5K +$4.51K +300 New
Northern Trust
48
Northern Trust
Illinois
$2K – – –
Millennium Management
49
Millennium Management
New York
– -$333K -22,140 Closed
Janney Montgomery Scott
50
Janney Montgomery Scott
Pennsylvania
– -$231K -15,357 Closed
1
2
3

BKK Hedge Fund Activity: Q2 2019 in Review

49 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal 2020 Term Trust (BKK) for Q2 2019, worth a combined $30.7M — up 1.4% from $30.3M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new BKK positions and 5 closed out — a net gain of 3 holders — while 6 added to existing stakes and 14 trimmed.

The largest buyer was Prospera Financial Services, opening a new position worth an estimated $642K. The largest seller was Millennium Management, exiting entirely with an estimated $333K sold.

  • 49 institutional investors held Blackrock Municipal 2020 Term Trust (BKK) as of Q2 2019, up from 46 in Q1 2019.
  • Funds reported $30.7M of Blackrock Municipal 2020 Term Trust stock for Q2 2019, up 1.4% quarter-over-quarter.
  • 8 funds opened new Blackrock Municipal 2020 Term Trust positions in Q2 2019 and 5 closed out, a net change of +3 holders.
  • The largest Blackrock Municipal 2020 Term Trust buyer in Q2 2019 was Prospera Financial Services, an estimated $642K added.
  • The largest Blackrock Municipal 2020 Term Trust seller in Q2 2019 was Millennium Management, an estimated $333K sold.

Based on aggregated 13F filings for Q2 2019.