BlackRock Investment Quality Municipal Trust
BKN
BKN was delisted on the 20th of February, 2026.
30 hedge funds and large institutions have $18.9M invested in BlackRock Investment Quality Municipal Trust in 2014 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 4 reducing their positions, and 6 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 4
8% more capital invested
Capital invested by funds: $17.6M → $18.9M (+$1.35M)
0.01% more ownership
Funds ownership: 6.87% → 6.87% (+0.01%)
9% less funds holding
Funds holding: 33 → 30 (-3)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
+$1.14M |
| 2 |
LSA
L & S Advisors
Los Angeles,
California
|
+$414K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$223K |
| 4 |
BOS
Bank of Stockton
Stockton,
California
|
+$211K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$179K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIG
American International Group
New York
|
-$1.1M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$842K |
| 3 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
-$320K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$205K |
| 5 |
Cohen & Steers
New York
|
-$142K |
BKN Hedge Fund Activity: Q4 2014 in Review
30 of the 3,762 institutional investors tracked by Wall St. Rank reported a position in BlackRock Investment Quality Municipal Trust (BKN) for Q4 2014, worth a combined $18.9M — up 7.7% from $17.6M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of BKN and 5 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 12 added.
The largest buyer was Ashford Capital Management, adding an estimated $1.14M. The largest seller was American International Group, cutting an estimated $1.1M.
- 30 institutional investors held BlackRock Investment Quality Municipal Trust (BKN) as of Q4 2014, down from 33 in Q3 2014.
- Funds reported $18.9M of BlackRock Investment Quality Municipal Trust stock for Q4 2014, up 7.7% quarter-over-quarter.
- 5 funds opened new BlackRock Investment Quality Municipal Trust positions in Q4 2014 and 6 closed out, a net change of -1 holder.
- The largest BlackRock Investment Quality Municipal Trust buyer in Q4 2014 was Ashford Capital Management, an estimated $1.14M added.
- The largest BlackRock Investment Quality Municipal Trust seller in Q4 2014 was American International Group, an estimated $1.1M sold.
Based on aggregated 13F filings for Q4 2014.