BlackRock Investment Quality Municipal Trust
BKN
BKN was delisted on the 20th of February, 2026.
43 hedge funds and large institutions have $22.8M invested in BlackRock Investment Quality Municipal Trust in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 7 reducing their positions, and 6 closing their positions.
114% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 7
12% more capital invested
Capital invested by funds: $20.4M → $22.8M (+$2.39M)
0.85% more ownership
Funds ownership: 8.13% → 8.98% (+0.85%)
4% less funds holding
Funds holding: 45 → 43 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$1.23M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$628K |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$516K |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$204K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$192K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$467K |
| 2 |
OC
Oppenheimer & Co
New York
|
-$211K |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$168K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
-$133K |
| 5 |
Morgan Stanley
New York
|
-$121K |
BKN Hedge Fund Activity: Q3 2017 in Review
43 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in BlackRock Investment Quality Municipal Trust (BKN) for Q3 2017, worth a combined $22.8M — up 12% from $20.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of BKN and 4 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 15 added.
The largest buyer was Fiera Capital (Canada), opening a new position worth an estimated $1.23M. The largest seller was Guggenheim Capital, cutting an estimated $467K.
- 43 institutional investors held BlackRock Investment Quality Municipal Trust (BKN) as of Q3 2017, down from 45 in Q2 2017.
- Funds reported $22.8M of BlackRock Investment Quality Municipal Trust stock for Q3 2017, up 12% quarter-over-quarter.
- 4 funds opened new BlackRock Investment Quality Municipal Trust positions in Q3 2017 and 6 closed out, a net change of -2 holders.
- The largest BlackRock Investment Quality Municipal Trust buyer in Q3 2017 was Fiera Capital (Canada), an estimated $1.23M added.
- The largest BlackRock Investment Quality Municipal Trust seller in Q3 2017 was Guggenheim Capital, an estimated $467K sold.
Based on aggregated 13F filings for Q3 2017.