BlackRock Investment Quality Municipal Trust
BKN
BKN was delisted on the 20th of February, 2026.
37 hedge funds and large institutions have $19.6M invested in BlackRock Investment Quality Municipal Trust in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 10 reducing their positions, and 11 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 10
3% more capital invested
Capital invested by funds: $19M → $19.6M (+$540K)
0.31% less ownership
Funds ownership: 7.32% → 7.01% (-0.31%)
14% less funds holding
Funds holding: 43 → 37 (-6)
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$767K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$737K |
| 3 |
Mariner
Overland Park,
Kansas
|
+$476K |
| 4 |
AF
Affiance Financial
St. Louis Park,
Minnesota
|
+$453K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$395K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$810K |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$692K |
| 3 |
Morgan Stanley
New York
|
-$593K |
| 4 |
ACM
Ashford Capital Management
Wilmington,
Delaware
|
-$433K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$374K |
BKN Hedge Fund Activity: Q1 2016 in Review
37 of the 3,761 institutional investors tracked by Wall St. Rank reported a position in BlackRock Investment Quality Municipal Trust (BKN) for Q1 2016, worth a combined $19.6M — up 2.8% from $19M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of BKN and 5 opened new positions — a net loss of 6 holders — while 10 trimmed existing stakes and 11 added.
The largest buyer was Advisors Asset Management, opening a new position worth an estimated $767K. The largest seller was UBS Group, cutting an estimated $810K.
- 37 institutional investors held BlackRock Investment Quality Municipal Trust (BKN) as of Q1 2016, down from 43 in Q4 2015.
- Funds reported $19.6M of BlackRock Investment Quality Municipal Trust stock for Q1 2016, up 2.8% quarter-over-quarter.
- 5 funds opened new BlackRock Investment Quality Municipal Trust positions in Q1 2016 and 11 closed out, a net change of -6 holders.
- The largest BlackRock Investment Quality Municipal Trust buyer in Q1 2016 was Advisors Asset Management, an estimated $767K added.
- The largest BlackRock Investment Quality Municipal Trust seller in Q1 2016 was UBS Group, an estimated $810K sold.
Based on aggregated 13F filings for Q1 2016.