Blackrock Municipal 2020 Term Trust
BKK
BKK was delisted on the 15th of December, 2020.
48 hedge funds and large institutions have $67.8M invested in Blackrock Municipal 2020 Term Trust in 2020 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 11 increasing their positions, 19 reducing their positions, and 9 closing their positions.
4% less capital invested
Capital invested by funds: $70.9M → $67.8M (-$3.1M)
14% less funds holding
Funds holding: 56 → 48 (-8)
42% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 19
89% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
+$194K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$144K |
| 3 |
AF
Advisornet Financial
Minnetonka,
Minnesota
|
+$125K |
| 4 |
WIA
Wealthstreet Investment Advisors
Dallas,
Texas
|
+$113K |
| 5 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$86.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RC
Roundview Capital
Princeton,
New Jersey
|
-$674K |
| 2 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$438K |
| 3 |
ST
Sentinel Trust
Houston,
Texas
|
-$335K |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$302K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$265K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCM
51
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$265K | -17,655 | Closed |
|
52
Northern Trust
Chicago,
Illinois
| – | -$3K | -16,923 | Closed |
|
|
KWA
53
KCS Wealth Advisory
Los Angeles,
California
| – | -$187K | -12,428 | Closed |
|
54
Cetera Investment Advisers
Schaumburg,
Illinois
| – | -$181K | -12,082 | Closed |
|
|
CFG
55
Citizens Financial Group
Providence,
Rhode Island
| – | -$143K | -9,514 | Closed |
|
|
EWM
56
Edge Wealth Management
New York
| – | -$135K | -9,000 | Closed |
|
|
PA
57
Procyon Advisors
Shelton,
Connecticut
| – | -$76K | -5,036 | Closed |
|
|
CFD
58
Creative Financial Designs
Kokomo,
Indiana
| – | -$5K | -309 | Closed |
|
BKK Hedge Fund Activity: Q3 2020 in Review
48 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal 2020 Term Trust (BKK) for Q3 2020, worth a combined $67.8M — down 4.4% from $70.9M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of BKK and 1 opened new positions — a net loss of 8 holders — while 19 trimmed existing stakes and 11 added.
The largest buyer was Proficio Capital Partners, adding an estimated $194K. The largest seller was Roundview Capital, cutting an estimated $674K.
- 48 institutional investors held Blackrock Municipal 2020 Term Trust (BKK) as of Q3 2020, down from 56 in Q2 2020.
- Funds reported $67.8M of Blackrock Municipal 2020 Term Trust stock for Q3 2020, down 4.4% quarter-over-quarter.
- 1 fund opened new Blackrock Municipal 2020 Term Trust positions in Q3 2020 and 9 closed out, a net change of -8 holders.
- The largest Blackrock Municipal 2020 Term Trust buyer in Q3 2020 was Proficio Capital Partners, an estimated $194K added.
- The largest Blackrock Municipal 2020 Term Trust seller in Q3 2020 was Roundview Capital, an estimated $674K sold.
Based on aggregated 13F filings for Q3 2020.