BlackRock Investment Quality Municipal Trust
BKN
BKN was delisted on the 20th of February, 2026.
49 hedge funds and large institutions have $38.9M invested in BlackRock Investment Quality Municipal Trust in 2020 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 13 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
2% more funds holding
Funds holding: 48 → 49 (+1)
0.25% more ownership
Funds ownership: 14.72% → 14.97% (+0.25%)
0% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 13
1% less capital invested
Capital invested by funds: $39.4M → $38.9M (-$482K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$3.21M |
| 2 |
Cohen & Steers
New York
|
+$715K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$640K |
| 4 |
Morgan Stanley
New York
|
+$333K |
| 5 |
CMI
Clare Market Investments
Dallas,
Texas
|
+$333K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
-$3.18M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.23M |
| 3 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$387K |
| 4 |
VanEck Associates
New York
|
-$202K |
| 5 |
LWMM
Legacy Wealth Management (Mississippi)
Ridgeland,
Mississippi
|
-$195K |
BKN Hedge Fund Activity: Q1 2020 in Review
49 of the 4,540 institutional investors tracked by Wall St. Rank reported a position in BlackRock Investment Quality Municipal Trust (BKN) for Q1 2020, worth a combined $38.9M — down 1.2% from $39.4M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BKN positions and 5 closed out — a net gain of 3 holders — while 13 added to existing stakes and 13 trimmed.
The largest buyer was Fiera Capital (Canada), opening a new position worth an estimated $3.21M. The largest seller was Mackay Shields LLC, cutting an estimated $3.18M.
- 49 institutional investors held BlackRock Investment Quality Municipal Trust (BKN) as of Q1 2020, up from 48 in Q4 2019.
- Funds reported $38.9M of BlackRock Investment Quality Municipal Trust stock for Q1 2020, down 1.2% quarter-over-quarter.
- 8 funds opened new BlackRock Investment Quality Municipal Trust positions in Q1 2020 and 5 closed out, a net change of +3 holders.
- The largest BlackRock Investment Quality Municipal Trust buyer in Q1 2020 was Fiera Capital (Canada), an estimated $3.21M added.
- The largest BlackRock Investment Quality Municipal Trust seller in Q1 2020 was Mackay Shields LLC, an estimated $3.18M sold.
Based on aggregated 13F filings for Q1 2020.