Blackrock Municipal 2020 Term Trust
BKK
BKK was delisted on the 15th of December, 2020.
47 hedge funds and large institutions have $37.6M invested in Blackrock Municipal 2020 Term Trust in 2017 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
9% more funds holding
Funds holding: 43 → 47 (+4)
11% less capital invested
Capital invested by funds: $42.2M → $37.6M (-$4.52M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RC
Roundview Capital
Princeton,
New Jersey
|
+$483K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$429K |
| 3 |
SG Americas Securities
New York
|
+$370K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$323K |
| 5 |
SPIA
Steward Partners Investment Advisory
New York
|
+$274K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$2.33M |
| 2 |
LFR
Lehman Financial Resources
Media,
Pennsylvania
|
-$1.54M |
| 3 |
SMC
Smith, Moore & Co
Clayton,
Missouri
|
-$310K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$257K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$221K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$170K | -10,887 | Closed |
|
|
NFG
52
Next Financial Group
Houston,
Texas
| – | -$52K | -3,367 | Closed |
|
BKK Hedge Fund Activity: Q4 2017 in Review
47 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal 2020 Term Trust (BKK) for Q4 2017, worth a combined $37.6M — down 11% from $42.2M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new BKK positions and 5 closed out — a net gain of 4 holders — while 14 added to existing stakes and 12 trimmed.
The largest buyer was Roundview Capital, opening a new position worth an estimated $483K. The largest seller was UBS Group, cutting an estimated $2.33M.
- 47 institutional investors held Blackrock Municipal 2020 Term Trust (BKK) as of Q4 2017, up from 43 in Q3 2017.
- Funds reported $37.6M of Blackrock Municipal 2020 Term Trust stock for Q4 2017, down 11% quarter-over-quarter.
- 9 funds opened new Blackrock Municipal 2020 Term Trust positions in Q4 2017 and 5 closed out, a net change of +4 holders.
- The largest Blackrock Municipal 2020 Term Trust buyer in Q4 2017 was Roundview Capital, an estimated $483K added.
- The largest Blackrock Municipal 2020 Term Trust seller in Q4 2017 was UBS Group, an estimated $2.33M sold.
Based on aggregated 13F filings for Q4 2017.