BlackRock Investment Quality Municipal Trust
BKN
BKN was delisted on the 20th of February, 2026.
60 hedge funds and large institutions have $43.3M invested in BlackRock Investment Quality Municipal Trust in 2019 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 25 increasing their positions, 12 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
108% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 12
5% more funds holding
Funds holding: 57 → 60 (+3)
0.14% more ownership
Funds ownership: 17.79% → 17.92% (+0.14%)
93% less capital invested
Capital invested by funds: $615M → $43.3M (-$572M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$2.11M |
| 2 |
LPL Financial
San Diego,
California
|
+$633K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$602K |
| 4 |
Cohen & Steers
New York
|
+$433K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$397K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.69M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$1.18M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$999K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$489K |
| 5 |
DWM
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
-$382K |
BKN Hedge Fund Activity: Q1 2019 in Review
60 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in BlackRock Investment Quality Municipal Trust (BKN) for Q1 2019, worth a combined $43.3M — down 93% from $615M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BKN positions and 3 closed out — a net gain of 5 holders — while 25 added to existing stakes and 12 trimmed.
The largest buyer was Robinson Capital Management, adding an estimated $2.11M. The largest seller was Karpus Investment Management, cutting an estimated $1.69M.
- 60 institutional investors held BlackRock Investment Quality Municipal Trust (BKN) as of Q1 2019, up from 57 in Q4 2018.
- Funds reported $43.3M of BlackRock Investment Quality Municipal Trust stock for Q1 2019, down 93% quarter-over-quarter.
- 8 funds opened new BlackRock Investment Quality Municipal Trust positions in Q1 2019 and 3 closed out, a net change of +5 holders.
- The largest BlackRock Investment Quality Municipal Trust buyer in Q1 2019 was Robinson Capital Management, an estimated $2.11M added.
- The largest BlackRock Investment Quality Municipal Trust seller in Q1 2019 was Karpus Investment Management, an estimated $1.69M sold.
Based on aggregated 13F filings for Q1 2019.