Blackrock Municipal 2020 Term Trust
BKK
BKK was delisted on the 15th of December, 2020.
48 hedge funds and large institutions have $30.1M invested in Blackrock Municipal 2020 Term Trust in 2019 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 11 reducing their positions, and 4 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 11
2% less capital invested
Capital invested by funds: $30.7M → $30.1M (-$610K)
2% less funds holding
Funds holding: 49 → 48 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LF
Lantz Financial
Naperville,
Illinois
|
+$196K |
| 2 |
MAS
Managed Account Services
Coconut Grove,
Florida
|
+$150K |
| 3 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
+$75.4K |
| 4 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$62.4K |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$57.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$299K |
| 2 |
VF
Virtu Financial
New York
|
-$253K |
| 3 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$209K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$208K |
| 5 |
WKWM
Walter & Keenan Wealth Management
Souh Bend,
Indiana
|
-$136K |
BKK Hedge Fund Activity: Q3 2019 in Review
48 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal 2020 Term Trust (BKK) for Q3 2019, worth a combined $30.1M — down 2% from $30.7M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of BKK and 3 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 11 added.
The largest buyer was Lantz Financial, adding an estimated $196K. The largest seller was Morgan Stanley, cutting an estimated $299K.
- 48 institutional investors held Blackrock Municipal 2020 Term Trust (BKK) as of Q3 2019, down from 49 in Q2 2019.
- Funds reported $30.1M of Blackrock Municipal 2020 Term Trust stock for Q3 2019, down 2% quarter-over-quarter.
- 3 funds opened new Blackrock Municipal 2020 Term Trust positions in Q3 2019 and 4 closed out, a net change of -1 holder.
- The largest Blackrock Municipal 2020 Term Trust buyer in Q3 2019 was Lantz Financial, an estimated $196K added.
- The largest Blackrock Municipal 2020 Term Trust seller in Q3 2019 was Morgan Stanley, an estimated $299K sold.
Based on aggregated 13F filings for Q3 2019.