Blackrock Municipal 2020 Term Trust
BKK
BKK was delisted on the 15th of December, 2020.
44 hedge funds and large institutions have $40.7M invested in Blackrock Municipal 2020 Term Trust in 2017 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 4 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
10% more capital invested
Capital invested by funds: $36.8M → $40.7M (+$3.85M)
2% more funds holding
Funds holding: 43 → 44 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$1.22M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$890K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$764K |
| 4 |
Morgan Stanley
New York
|
+$634K |
| 5 |
LPL Financial
San Diego,
California
|
+$362K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$587K |
| 2 |
LFR
Lehman Financial Resources
Media,
Pennsylvania
|
-$547K |
| 3 |
SG Americas Securities
New York
|
-$497K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$464K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$153K |
BKK Hedge Fund Activity: Q1 2017 in Review
44 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal 2020 Term Trust (BKK) for Q1 2017, worth a combined $40.7M — up 10% from $36.8M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BKK positions and 4 closed out — a net gain of 2 holders — while 14 added to existing stakes and 9 trimmed.
The largest buyer was UBS Group, adding an estimated $1.22M. The largest seller was Virtu KCG Holdings, exiting entirely with an estimated $587K sold.
- 44 institutional investors held Blackrock Municipal 2020 Term Trust (BKK) as of Q1 2017, up from 43 in Q4 2016.
- Funds reported $40.7M of Blackrock Municipal 2020 Term Trust stock for Q1 2017, up 10% quarter-over-quarter.
- 6 funds opened new Blackrock Municipal 2020 Term Trust positions in Q1 2017 and 4 closed out, a net change of +2 holders.
- The largest Blackrock Municipal 2020 Term Trust buyer in Q1 2017 was UBS Group, an estimated $1.22M added.
- The largest Blackrock Municipal 2020 Term Trust seller in Q1 2017 was Virtu KCG Holdings, an estimated $587K sold.
Based on aggregated 13F filings for Q1 2017.