Blackrock Municipal 2020 Term Trust
BKK
BKK was delisted on the 15th of December, 2020.
45 hedge funds and large institutions have $39M invested in Blackrock Municipal 2020 Term Trust in 2018 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 6 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 11
4% more capital invested
Capital invested by funds: $37.6M → $39M (+$1.39M)
4% less funds holding
Funds holding: 47 → 45 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$1.61M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$840K |
| 3 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$380K |
| 4 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$204K |
| 5 |
RC
Roundview Capital
Princeton,
New Jersey
|
+$190K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GP
Geneva Partners
Lake Geneva,
Wisconsin
|
-$406K |
| 2 |
SG Americas Securities
New York
|
-$362K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$362K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$260K |
| 5 |
EWM
Evercore Wealth Management
New York
|
-$206K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Squarepoint
New York
| – | -$167K | -11,103 | Closed |
|
BKK Hedge Fund Activity: Q1 2018 in Review
45 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal 2020 Term Trust (BKK) for Q1 2018, worth a combined $39M — up 3.7% from $37.6M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of BKK and 4 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 17 added.
The largest buyer was UBS Group, adding an estimated $1.61M. The largest seller was Geneva Partners, exiting entirely with an estimated $406K sold.
- 45 institutional investors held Blackrock Municipal 2020 Term Trust (BKK) as of Q1 2018, down from 47 in Q4 2017.
- Funds reported $39M of Blackrock Municipal 2020 Term Trust stock for Q1 2018, up 3.7% quarter-over-quarter.
- 4 funds opened new Blackrock Municipal 2020 Term Trust positions in Q1 2018 and 6 closed out, a net change of -2 holders.
- The largest Blackrock Municipal 2020 Term Trust buyer in Q1 2018 was UBS Group, an estimated $1.61M added.
- The largest Blackrock Municipal 2020 Term Trust seller in Q1 2018 was Geneva Partners, an estimated $406K sold.
Based on aggregated 13F filings for Q1 2018.