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BKK

Blackrock Municipal 2020 Term Trust

Delisted

BKK was delisted on the 15th of December, 2020.

57 hedge funds and large institutions have $31.5M invested in Blackrock Municipal 2020 Term Trust in 2019 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 9 increasing their positions, 18 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,000% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 1

19% more funds holding

Funds holding: 4857 (+9)

5% more capital invested

Capital invested by funds: $30.1M → $31.5M (+$1.37M)

50% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 18

Holders
57
Holders Change
+9
Holders Change %
+18.75%
% of All Funds
1.12%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
11
Increased
9
Reduced
18
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$4.22M -$275K -18,345 -6%
Bank of America
2
Bank of America
North Carolina
$3.73M -$160K -10,657 -4%
Morgan Stanley
3
Morgan Stanley
New York
$2.08M -$118K -7,866 -5%
NL
4
NWAM LLC
Washington
$1.46M -$77.3K -5,150 -5%
LDFR
5
Lehman & Derafelo Financial Resources
Pennsylvania
$1.44M -$73.6K -4,900 -5%
LTFS
6
Ladenburg Thalmann Financial Services
Florida
$1.43M +$9.01K +600 +0.6%
Wells Fargo
7
Wells Fargo
California
$1.17M -$55.9K -3,726 -5%
MFG
8
Magnus Financial Group
New York
$1.16M +$886K +59,007 +308%
RC
9
Roundview Capital
New Jersey
$861K
WKWM
10
Walter & Keenan Wealth Management
Indiana
$835K -$45K -3,000 -5%
Commonwealth Equity Services
11
Commonwealth Equity Services
Massachusetts
$787K -$233K -15,505 -23%
LF
12
Lantz Financial
Illinois
$769K +$21.5K +1,431 +3%
OCA
13
Otter Creek Advisors
Florida
$737K +$743K +49,471 New
PFS
14
Prospera Financial Services
Texas
$697K +$50K +3,328 +8%
JCM
15
Jacobi Capital Management
Pennsylvania
$656K +$2.51K +167 +0.4%
Stifel Financial
16
Stifel Financial
Missouri
$588K -$121K -8,089 -17%
Susquehanna International Group
17
Susquehanna International Group
Pennsylvania
$582K +$586K +39,062 New
SWP
18
Stratos Wealth Partners
Ohio
$578K -$330K -22,000 -36%
Ameriprise
19
Ameriprise
Minnesota
$564K +$28.1K +1,874 +5%
Baird Financial Group
20
Baird Financial Group
Wisconsin
$539K +$147K +9,768 +37%
RIA
21
Realta Investment Advisors
Delaware
$481K
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$451K
LNB
23
Ledyard National Bank
$390K
MAS
24
Managed Account Services
Florida
$349K
RJFSA
25
Raymond James Financial Services Advisors
Florida
$346K -$8.26K -550 -2%

BKK Hedge Fund Activity: Q4 2019 in Review

57 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Blackrock Municipal 2020 Term Trust (BKK) for Q4 2019, worth a combined $31.5M — up 4.6% from $30.1M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new BKK positions and 1 closed out — a net gain of 10 holders — while 9 added to existing stakes and 18 trimmed.

The largest buyer was Magnus Financial Group, adding an estimated $886K. The largest seller was Stratos Wealth Partners, cutting an estimated $330K.

  • 57 institutional investors held Blackrock Municipal 2020 Term Trust (BKK) as of Q4 2019, up from 48 in Q3 2019.
  • Funds reported $31.5M of Blackrock Municipal 2020 Term Trust stock for Q4 2019, up 4.6% quarter-over-quarter.
  • 11 funds opened new Blackrock Municipal 2020 Term Trust positions in Q4 2019 and 1 closed out, a net change of +10 holders.
  • The largest Blackrock Municipal 2020 Term Trust buyer in Q4 2019 was Magnus Financial Group, an estimated $886K added.
  • The largest Blackrock Municipal 2020 Term Trust seller in Q4 2019 was Stratos Wealth Partners, an estimated $330K sold.

Based on aggregated 13F filings for Q4 2019.