Blackrock Municipal 2020 Term Trust
BKK
BKK was delisted on the 15th of December, 2020.
57 hedge funds and large institutions have $31.5M invested in Blackrock Municipal 2020 Term Trust in 2019 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 9 increasing their positions, 18 reducing their positions, and 1 closing their positions.
1,000% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 1
19% more funds holding
Funds holding: 48 → 57 (+9)
5% more capital invested
Capital invested by funds: $30.1M → $31.5M (+$1.37M)
50% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFG
Magnus Financial Group
New York
|
+$886K |
| 2 |
OCA
Otter Creek Advisors
Palm Beach Gardens,
Florida
|
+$743K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$586K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$323K |
| 5 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$296K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$330K |
| 2 |
AG
Advisor Group
Phoenix,
Arizona
|
-$300K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$275K |
| 4 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
-$264K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$233K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Fifth Third Bancorp
Cincinnati,
Ohio
| $43K | -$2.21K | -147 | -5% |
|
|
SPIA
52
Steward Partners Investment Advisory
New York
| $42K | – | – | – |
|
|
CCM
53
Covington Capital Management
Los Angeles,
California
| $30K | – | – | – |
|
|
AG
54
Advisor Group
Phoenix,
Arizona
| $15K | -$300K | -20,004 | -95% |
|
|
SIC
55
Samalin Investment Counsel
Chappaqua,
New York
| $14K | +$15K | +1,000 | New |
|
|
CFFP
56
Center for Financial Planning
Southfied,
Michigan
| $10K | +$9.76K | +650 | New |
|
57
Northern Trust
Chicago,
Illinois
| $3K | – | – | – |
|
BKK Hedge Fund Activity: Q4 2019 in Review
57 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal 2020 Term Trust (BKK) for Q4 2019, worth a combined $31.5M — up 4.6% from $30.1M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new BKK positions and 1 closed out — a net gain of 10 holders — while 9 added to existing stakes and 18 trimmed.
The largest buyer was Magnus Financial Group, adding an estimated $886K. The largest seller was Stratos Wealth Partners, cutting an estimated $330K.
- 57 institutional investors held Blackrock Municipal 2020 Term Trust (BKK) as of Q4 2019, up from 48 in Q3 2019.
- Funds reported $31.5M of Blackrock Municipal 2020 Term Trust stock for Q4 2019, up 4.6% quarter-over-quarter.
- 11 funds opened new Blackrock Municipal 2020 Term Trust positions in Q4 2019 and 1 closed out, a net change of +10 holders.
- The largest Blackrock Municipal 2020 Term Trust buyer in Q4 2019 was Magnus Financial Group, an estimated $886K added.
- The largest Blackrock Municipal 2020 Term Trust seller in Q4 2019 was Stratos Wealth Partners, an estimated $330K sold.
Based on aggregated 13F filings for Q4 2019.