Blackrock Municipal 2020 Term Trust
BKK
BKK was delisted on the 15th of December, 2020.
43 hedge funds and large institutions have $36.8M invested in Blackrock Municipal 2020 Term Trust in 2016 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
10% more funds holding
Funds holding: 39 → 43 (+4)
4% less capital invested
Capital invested by funds: $38.4M → $36.8M (-$1.55M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$962K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$613K |
| 3 |
SG Americas Securities
New York
|
+$520K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$485K |
| 5 |
AIP
ARS Investment Partners
New York
|
+$190K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Concert Wealth Management
San Jose,
California
|
-$309K |
| 2 |
VanEck Associates
New York
|
-$275K |
| 3 |
SLA
Silver Lake Advisory
Cottonwood Heights,
Utah
|
-$243K |
| 4 |
JCM
Jacobi Capital Management
Pittston,
Pennsylvania
|
-$196K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$133K |
BKK Hedge Fund Activity: Q4 2016 in Review
43 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal 2020 Term Trust (BKK) for Q4 2016, worth a combined $36.8M — down 4% from $38.4M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BKK positions and 1 closed out — a net gain of 5 holders — while 14 added to existing stakes and 12 trimmed.
The largest buyer was Bank of America, adding an estimated $962K. The largest seller was Concert Wealth Management, exiting entirely with an estimated $309K sold.
- 43 institutional investors held Blackrock Municipal 2020 Term Trust (BKK) as of Q4 2016, up from 39 in Q3 2016.
- Funds reported $36.8M of Blackrock Municipal 2020 Term Trust stock for Q4 2016, down 4% quarter-over-quarter.
- 6 funds opened new Blackrock Municipal 2020 Term Trust positions in Q4 2016 and 1 closed out, a net change of +5 holders.
- The largest Blackrock Municipal 2020 Term Trust buyer in Q4 2016 was Bank of America, an estimated $962K added.
- The largest Blackrock Municipal 2020 Term Trust seller in Q4 2016 was Concert Wealth Management, an estimated $309K sold.
Based on aggregated 13F filings for Q4 2016.