Blackrock Municipal 2020 Term Trust
BKK
BKK was delisted on the 15th of December, 2020.
41 hedge funds and large institutions have $39.2M invested in Blackrock Municipal 2020 Term Trust in 2016 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 7 reducing their positions, and 4 closing their positions.
143% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 7
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
12% more capital invested
Capital invested by funds: $34.9M → $39.2M (+$4.32M)
5% more funds holding
Funds holding: 39 → 41 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SLA
Silver Lake Advisory
Cottonwood Heights,
Utah
|
+$1.29M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.04M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$512K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$461K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$152K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$828K |
| 2 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$358K |
| 3 |
AC
Alexandria Capital
Arlington,
Virginia
|
-$59K |
| 4 |
LFR
Lehman Financial Resources
Media,
Pennsylvania
|
-$22.7K |
| 5 |
Citigroup
New York
|
-$16K |
BKK Hedge Fund Activity: Q2 2016 in Review
41 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal 2020 Term Trust (BKK) for Q2 2016, worth a combined $39.2M — up 12% from $34.9M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BKK positions and 4 closed out — a net gain of 2 holders — while 17 added to existing stakes and 7 trimmed.
The largest buyer was Silver Lake Advisory, opening a new position worth an estimated $1.29M. The largest seller was LPL Financial, cutting an estimated $828K.
- 41 institutional investors held Blackrock Municipal 2020 Term Trust (BKK) as of Q2 2016, up from 39 in Q1 2016.
- Funds reported $39.2M of Blackrock Municipal 2020 Term Trust stock for Q2 2016, up 12% quarter-over-quarter.
- 6 funds opened new Blackrock Municipal 2020 Term Trust positions in Q2 2016 and 4 closed out, a net change of +2 holders.
- The largest Blackrock Municipal 2020 Term Trust buyer in Q2 2016 was Silver Lake Advisory, an estimated $1.29M added.
- The largest Blackrock Municipal 2020 Term Trust seller in Q2 2016 was LPL Financial, an estimated $828K sold.
Based on aggregated 13F filings for Q2 2016.