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BKK

Blackrock Municipal 2020 Term Trust

Delisted

BKK was delisted on the 15th of December, 2020.

30 hedge funds and large institutions have $30.9M invested in Blackrock Municipal 2020 Term Trust in 2015 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 5

0% more funds holding

Funds holding: 3030 (0)

0% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 5

7% less capital invested

Capital invested by funds: $33.2M → $30.9M (-$2.3M)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
30
Holders Change
Holders Change %
0%
% of All Funds
0.84%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
5
Increased
9
Reduced
5
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$9.3M -$1.05M -67,540 -10%
Morgan Stanley
2
Morgan Stanley
New York
$5.44M +$55.2K +3,534 +1%
LFR
3
Lehman Financial Resources
Pennsylvania
$4.31M -$203K -12,985 -5%
UBS Group
4
UBS Group
Switzerland
$3.98M +$114K +7,291 +3%
WKWM
5
Walter & Keenan Wealth Management
Indiana
$1.62M +$74.9K +4,800 +5%
Commonwealth Equity Services
6
Commonwealth Equity Services
Massachusetts
$1.29M +$117K +7,479 +10%
Wells Fargo
7
Wells Fargo
California
$1.04M -$159K -10,198 -13%
LPL Financial
8
LPL Financial
California
$824K -$137K -8,762 -14%
Stifel Financial
9
Stifel Financial
Missouri
$421K +$921 +59 +0.2%
CT
10
Cambridge Trust
Massachusetts
$345K
RJA
11
Raymond James & Associates
Florida
$344K +$342K +21,902 New
SMC
12
Smith, Moore & Co
Missouri
$311K
VanEck Associates
13
VanEck Associates
New York
$303K +$23.6K +1,509 +8%
CWM
14
Concert Wealth Management
California
$294K
EWM
15
Evercore Wealth Management
New York
$216K
CPIG
16
Chicago Partners Investment Group
Illinois
$200K +$102K +6,505 +104%
CBU
17
CIBC Bank USA
Illinois
$186K
FHA
18
First Horizon Advisors
Tennessee
$145K -$147K -9,417 -50%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$53K +$20.3K +1,300 +63%
NFG
20
Next Financial Group
Texas
$52K
AWM
21
Avior Wealth Management
Nebraska
$48K
MFS
22
MSI Financial Services
Massachusetts
$48K
Fifth Third Bancorp
23
Fifth Third Bancorp
Ohio
$39K +$15.3K +978 +66%
Creative Planning
24
Creative Planning
Kansas
$24K +$23.4K +1,500 New
Deutsche Bank
25
Deutsche Bank
Germany
$18K

BKK Hedge Fund Activity: Q3 2015 in Review

30 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal 2020 Term Trust (BKK) for Q3 2015, worth a combined $30.9M — down 6.9% from $33.2M a quarter earlier.

Fund positioning in BKK was balanced in Q3 2015: 5 funds opened new positions, 5 closed out, 9 added to existing stakes and 5 trimmed.

The largest buyer was Raymond James & Associates, opening a new position worth an estimated $342K. The largest seller was Bank of America, cutting an estimated $1.05M.

  • 30 institutional investors held Blackrock Municipal 2020 Term Trust (BKK) as of Q3 2015, unchanged from Q2 2015.
  • Funds reported $30.9M of Blackrock Municipal 2020 Term Trust stock for Q3 2015, down 6.9% quarter-over-quarter.
  • 5 funds opened new Blackrock Municipal 2020 Term Trust positions in Q3 2015 and 5 closed out, a net change of 0 holders.
  • The largest Blackrock Municipal 2020 Term Trust buyer in Q3 2015 was Raymond James & Associates, an estimated $342K added.
  • The largest Blackrock Municipal 2020 Term Trust seller in Q3 2015 was Bank of America, an estimated $1.05M sold.

Based on aggregated 13F filings for Q3 2015.