Blackrock Municipal 2020 Term Trust
BKK
BKK was delisted on the 15th of December, 2020.
53 hedge funds and large institutions have $37.3M invested in Blackrock Municipal 2020 Term Trust in 2018 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 8 closing their positions.
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
2% less funds holding
Funds holding: 54 → 53 (-1)
9% less capital invested
Capital invested by funds: $41M → $37.3M (-$3.69M)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$337K |
| 2 |
NCM
Narwhal Capital Management
Marietta,
Georgia
|
+$261K |
| 3 |
CA
Cetera Advisors
Denver,
Colorado
|
+$223K |
| 4 |
WAM
Wealthspire Advisors (Maryland)
Potomac,
Maryland
|
+$221K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$211K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.9M |
| 2 |
LPL Financial
San Diego,
California
|
-$348K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$246K |
| 4 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
-$241K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$194K |
BKK Hedge Fund Activity: Q3 2018 in Review
53 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal 2020 Term Trust (BKK) for Q3 2018, worth a combined $37.3M — down 9% from $41M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of BKK and 7 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 11 added.
The largest buyer was Stratos Wealth Partners, adding an estimated $337K. The largest seller was Morgan Stanley, cutting an estimated $1.9M.
- 53 institutional investors held Blackrock Municipal 2020 Term Trust (BKK) as of Q3 2018, down from 54 in Q2 2018.
- Funds reported $37.3M of Blackrock Municipal 2020 Term Trust stock for Q3 2018, down 9% quarter-over-quarter.
- 7 funds opened new Blackrock Municipal 2020 Term Trust positions in Q3 2018 and 8 closed out, a net change of -1 holder.
- The largest Blackrock Municipal 2020 Term Trust buyer in Q3 2018 was Stratos Wealth Partners, an estimated $337K added.
- The largest Blackrock Municipal 2020 Term Trust seller in Q3 2018 was Morgan Stanley, an estimated $1.9M sold.
Based on aggregated 13F filings for Q3 2018.