Blackrock Municipal 2020 Term Trust
BKK
BKK was delisted on the 15th of December, 2020.
39 hedge funds and large institutions have $34.9M invested in Blackrock Municipal 2020 Term Trust in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 7 reducing their positions, and 3 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 7
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
3% more funds holding
Funds holding: 38 → 39 (+1)
1% less capital invested
Capital invested by funds: $35.1M → $34.9M (-$177K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$483K |
| 2 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
+$354K |
| 3 |
VanEck Associates
New York
|
+$199K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$152K |
| 5 |
WKWM
Walter & Keenan Wealth Management
Souh Bend,
Indiana
|
+$120K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.3M |
| 2 |
Morgan Stanley
New York
|
-$812K |
| 3 |
SG Americas Securities
New York
|
-$137K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$89.4K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$71.6K |
BKK Hedge Fund Activity: Q1 2016 in Review
39 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal 2020 Term Trust (BKK) for Q1 2016, worth a combined $34.9M — down 0.5% from $35.1M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new BKK positions and 3 closed out — a net gain of 1 holder — while 13 added to existing stakes and 7 trimmed.
The largest buyer was UBS Group, adding an estimated $483K. The largest seller was Bank of America, cutting an estimated $1.3M.
- 39 institutional investors held Blackrock Municipal 2020 Term Trust (BKK) as of Q1 2016, up from 38 in Q4 2015.
- Funds reported $34.9M of Blackrock Municipal 2020 Term Trust stock for Q1 2016, down 0.5% quarter-over-quarter.
- 4 funds opened new Blackrock Municipal 2020 Term Trust positions in Q1 2016 and 3 closed out, a net change of +1 holder.
- The largest Blackrock Municipal 2020 Term Trust buyer in Q1 2016 was UBS Group, an estimated $483K added.
- The largest Blackrock Municipal 2020 Term Trust seller in Q1 2016 was Bank of America, an estimated $1.3M sold.
Based on aggregated 13F filings for Q1 2016.