BlackRock Investment Quality Municipal Trust
BKN
BKN was delisted on the 20th of February, 2026.
25 hedge funds and large institutions have $15.1M invested in BlackRock Investment Quality Municipal Trust in 2015 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 10 reducing their positions, and 5 closing their positions.
1.21% less ownership
Funds ownership: 6.87% → 5.67% (-1.2%)
17% less funds holding
Funds holding: 30 → 25 (-5)
20% less capital invested
Capital invested by funds: $18.9M → $15.1M (-$3.82M)
50% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 10
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NPC
National Planning Corporation
El Segundo,
California
|
+$583K |
| 2 |
Morgan Stanley
New York
|
+$109K |
| 3 |
VanEck Associates
New York
|
+$36.4K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$22.8K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$8.21K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.73M |
| 2 |
LSA
L & S Advisors
Los Angeles,
California
|
-$849K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$465K |
| 4 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
-$449K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$295K |
BKN Hedge Fund Activity: Q1 2015 in Review
25 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in BlackRock Investment Quality Municipal Trust (BKN) for Q1 2015, worth a combined $15.1M — down 20% from $18.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BKN and 1 opened new positions — a net loss of 4 holders — while 10 trimmed existing stakes and 5 added.
The largest buyer was National Planning Corporation, opening a new position worth an estimated $583K. The largest seller was Invesco, cutting an estimated $1.73M.
- 25 institutional investors held BlackRock Investment Quality Municipal Trust (BKN) as of Q1 2015, down from 30 in Q4 2014.
- Funds reported $15.1M of BlackRock Investment Quality Municipal Trust stock for Q1 2015, down 20% quarter-over-quarter.
- 1 fund opened new BlackRock Investment Quality Municipal Trust positions in Q1 2015 and 5 closed out, a net change of -4 holders.
- The largest BlackRock Investment Quality Municipal Trust buyer in Q1 2015 was National Planning Corporation, an estimated $583K added.
- The largest BlackRock Investment Quality Municipal Trust seller in Q1 2015 was Invesco, an estimated $1.73M sold.
Based on aggregated 13F filings for Q1 2015.