Blackrock Municipal 2020 Term Trust
BKK
BKK was delisted on the 15th of December, 2020.
43 hedge funds and large institutions have $40.2M invested in Blackrock Municipal 2020 Term Trust in 2017 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 17 increasing their positions, 9 reducing their positions, and 4 closing their positions.
89% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 9
1% less capital invested
Capital invested by funds: $40.7M → $40.2M (-$485K)
2% less funds holding
Funds holding: 44 → 43 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$875K |
| 2 |
Bank of New York Mellon
New York
|
+$190K |
| 3 |
EWM
Edge Wealth Management
New York
|
+$175K |
| 4 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$163K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$123K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$633K |
| 2 |
LPL Financial
San Diego,
California
|
-$525K |
| 3 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
-$486K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$211K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$138K |
BKK Hedge Fund Activity: Q2 2017 in Review
43 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal 2020 Term Trust (BKK) for Q2 2017, worth a combined $40.2M — down 1.2% from $40.7M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of BKK and 3 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 17 added.
The largest buyer was Wells Fargo, adding an estimated $875K. The largest seller was Commonwealth Equity Services, cutting an estimated $633K.
- 43 institutional investors held Blackrock Municipal 2020 Term Trust (BKK) as of Q2 2017, down from 44 in Q1 2017.
- Funds reported $40.2M of Blackrock Municipal 2020 Term Trust stock for Q2 2017, down 1.2% quarter-over-quarter.
- 3 funds opened new Blackrock Municipal 2020 Term Trust positions in Q2 2017 and 4 closed out, a net change of -1 holder.
- The largest Blackrock Municipal 2020 Term Trust buyer in Q2 2017 was Wells Fargo, an estimated $875K added.
- The largest Blackrock Municipal 2020 Term Trust seller in Q2 2017 was Commonwealth Equity Services, an estimated $633K sold.
Based on aggregated 13F filings for Q2 2017.