BlackRock Investment Quality Municipal Trust
BKN
BKN was delisted on the 20th of February, 2026.
48 hedge funds and large institutions have $39.4M invested in BlackRock Investment Quality Municipal Trust in 2019 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
2% more funds holding
Funds holding: 47 → 48 (+1)
4% more capital invested
Capital invested by funds: $37.8M → $39.4M (+$1.64M)
0.5% more ownership
Funds ownership: 14.22% → 14.72% (+0.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.08M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$577K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$550K |
| 4 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$384K |
| 5 |
Koshinski Asset Management
Decatur,
Illinois
|
+$352K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$838K |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$775K |
| 3 |
CMI
Clare Market Investments
Dallas,
Texas
|
-$496K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$141K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$100K |
BKN Hedge Fund Activity: Q4 2019 in Review
48 of the 5,085 institutional investors tracked by Wall St. Rank reported a position in BlackRock Investment Quality Municipal Trust (BKN) for Q4 2019, worth a combined $39.4M — up 4.3% from $37.8M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new BKN positions and 6 closed out — a net gain of 3 holders — while 15 added to existing stakes and 11 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $1.08M. The largest seller was Robinson Capital Management, cutting an estimated $838K.
- 48 institutional investors held BlackRock Investment Quality Municipal Trust (BKN) as of Q4 2019, up from 47 in Q3 2019.
- Funds reported $39.4M of BlackRock Investment Quality Municipal Trust stock for Q4 2019, up 4.3% quarter-over-quarter.
- 9 funds opened new BlackRock Investment Quality Municipal Trust positions in Q4 2019 and 6 closed out, a net change of +3 holders.
- The largest BlackRock Investment Quality Municipal Trust buyer in Q4 2019 was Guggenheim Capital, an estimated $1.08M added.
- The largest BlackRock Investment Quality Municipal Trust seller in Q4 2019 was Robinson Capital Management, an estimated $838K sold.
Based on aggregated 13F filings for Q4 2019.