BlackRock Investment Quality Municipal Trust
BKN
BKN was delisted on the 20th of February, 2026.
51 hedge funds and large institutions have $36.6M invested in BlackRock Investment Quality Municipal Trust in 2019 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 21 increasing their positions, 15 reducing their positions, and 11 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 15
3.6% less ownership
Funds ownership: 17.92% → 14.32% (-3.6%)
15% less funds holding
Funds holding: 60 → 51 (-9)
16% less capital invested
Capital invested by funds: $43.3M → $36.6M (-$6.73M)
82% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$1.44M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$845K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$839K |
| 4 |
MSL
Mackay Shields LLC
New York
|
+$481K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$292K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$4.56M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$3.34M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.35M |
| 4 |
Cohen & Steers
New York
|
-$973K |
| 5 |
CMI
Clare Market Investments
Dallas,
Texas
|
-$517K |
BKN Hedge Fund Activity: Q2 2019 in Review
51 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in BlackRock Investment Quality Municipal Trust (BKN) for Q2 2019, worth a combined $36.6M — down 16% from $43.3M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of BKN and 2 opened new positions — a net loss of 9 holders — while 15 trimmed existing stakes and 21 added.
The largest buyer was Northwestern Mutual Wealth Management, adding an estimated $1.44M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $4.56M sold.
- 51 institutional investors held BlackRock Investment Quality Municipal Trust (BKN) as of Q2 2019, down from 60 in Q1 2019.
- Funds reported $36.6M of BlackRock Investment Quality Municipal Trust stock for Q2 2019, down 16% quarter-over-quarter.
- 2 funds opened new BlackRock Investment Quality Municipal Trust positions in Q2 2019 and 11 closed out, a net change of -9 holders.
- The largest BlackRock Investment Quality Municipal Trust buyer in Q2 2019 was Northwestern Mutual Wealth Management, an estimated $1.44M added.
- The largest BlackRock Investment Quality Municipal Trust seller in Q2 2019 was Karpus Investment Management, an estimated $4.56M sold.
Based on aggregated 13F filings for Q2 2019.