BlackRock Investment Quality Municipal Trust
BKN
BKN was delisted on the 20th of February, 2026.
47 hedge funds and large institutions have $37.8M invested in BlackRock Investment Quality Municipal Trust in 2019 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 18 increasing their positions, 12 reducing their positions, and 5 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 12
3% more capital invested
Capital invested by funds: $36.6M → $37.8M (+$1.22M)
0.1% less ownership
Funds ownership: 14.32% → 14.22% (-0.1%)
8% less funds holding
Funds holding: 51 → 47 (-4)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$3.22M |
| 2 |
CMI
Clare Market Investments
Dallas,
Texas
|
+$872K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$696K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$366K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$280K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$3.7M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$426K |
| 3 |
Koshinski Asset Management
Decatur,
Illinois
|
-$340K |
| 4 |
Morgan Stanley
New York
|
-$335K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$323K |
BKN Hedge Fund Activity: Q3 2019 in Review
47 of the 4,569 institutional investors tracked by Wall St. Rank reported a position in BlackRock Investment Quality Municipal Trust (BKN) for Q3 2019, worth a combined $37.8M — up 3.3% from $36.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BKN and 1 opened new positions — a net loss of 4 holders — while 12 trimmed existing stakes and 18 added.
The largest buyer was Mackay Shields LLC, adding an estimated $3.22M. The largest seller was Robinson Capital Management, cutting an estimated $3.7M.
- 47 institutional investors held BlackRock Investment Quality Municipal Trust (BKN) as of Q3 2019, down from 51 in Q2 2019.
- Funds reported $37.8M of BlackRock Investment Quality Municipal Trust stock for Q3 2019, up 3.3% quarter-over-quarter.
- 1 fund opened new BlackRock Investment Quality Municipal Trust positions in Q3 2019 and 5 closed out, a net change of -4 holders.
- The largest BlackRock Investment Quality Municipal Trust buyer in Q3 2019 was Mackay Shields LLC, an estimated $3.22M added.
- The largest BlackRock Investment Quality Municipal Trust seller in Q3 2019 was Robinson Capital Management, an estimated $3.7M sold.
Based on aggregated 13F filings for Q3 2019.