Blackrock Municipal 2020 Term Trust
BKK
BKK was delisted on the 15th of December, 2020.
53 hedge funds and large institutions have $37.3M invested in Blackrock Municipal 2020 Term Trust in 2018 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 8 closing their positions.
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
2% less funds holding
Funds holding: 54 → 53 (-1)
9% less capital invested
Capital invested by funds: $41M → $37.3M (-$3.69M)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$337K |
| 2 |
NCM
Narwhal Capital Management
Marietta,
Georgia
|
+$261K |
| 3 |
CA
Cetera Advisors
Denver,
Colorado
|
+$223K |
| 4 |
WAM
Wealthspire Advisors (Maryland)
Potomac,
Maryland
|
+$221K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$211K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.9M |
| 2 |
LPL Financial
San Diego,
California
|
-$348K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$246K |
| 4 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
-$241K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$194K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCAG
51
Rehmann Capital Advisory Group
Lansing,
Michigan
| $8.27K | – | – | – |
|
|
WKWM
52
Walter & Keenan Wealth Management
Souh Bend,
Indiana
| $1.53K | -$59.9K | -4,000 | -4% |
|
|
53
LPL Financial
San Diego,
California
| – | -$348K | -23,059 | Closed |
|
|
RJA
54
Raymond James & Associates
St Petersburg,
Florida
| – | -$194K | -12,893 | Closed |
|
55
M&T Bank
Buffalo,
New York
| – | -$156K | -10,350 | Closed |
|
56
BlackRock
New York
| – | -$121K | -8,028 | Closed |
|
|
RFA
57
Reilly Financial Advisors
La Mesa,
California
| – | -$57K | -3,750 | Closed |
|
58
SEI Investments
Oaks,
Pennsylvania
| – | -$51K | -3,355 | Closed |
|
|
SFM
59
Signet Financial Management
Parsippany,
New Jersey
| – | -$23K | -1,500 | Closed |
|
|
CTC
60
Central Trust Company
Jefferson City,
Missouri
| – | -$4K | -280 | Closed |
|
BKK Hedge Fund Activity: Q3 2018 in Review
53 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal 2020 Term Trust (BKK) for Q3 2018, worth a combined $37.3M — down 9% from $41M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of BKK and 7 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 11 added.
The largest buyer was Stratos Wealth Partners, adding an estimated $337K. The largest seller was Morgan Stanley, cutting an estimated $1.9M.
- 53 institutional investors held Blackrock Municipal 2020 Term Trust (BKK) as of Q3 2018, down from 54 in Q2 2018.
- Funds reported $37.3M of Blackrock Municipal 2020 Term Trust stock for Q3 2018, down 9% quarter-over-quarter.
- 7 funds opened new Blackrock Municipal 2020 Term Trust positions in Q3 2018 and 8 closed out, a net change of -1 holder.
- The largest Blackrock Municipal 2020 Term Trust buyer in Q3 2018 was Stratos Wealth Partners, an estimated $337K added.
- The largest Blackrock Municipal 2020 Term Trust seller in Q3 2018 was Morgan Stanley, an estimated $1.9M sold.
Based on aggregated 13F filings for Q3 2018.