BlackRock Investment Quality Municipal Trust
BKN
BKN was delisted on the 20th of February, 2026.
54 hedge funds and large institutions have $47.4M invested in BlackRock Investment Quality Municipal Trust in 2021 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 14 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
7% more capital invested
Capital invested by funds: $44.4M → $47.4M (+$3.01M)
6% more funds holding
Funds holding: 51 → 54 (+3)
0.63% more ownership
Funds ownership: 15.03% → 15.65% (+0.63%)
0% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$957K |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$623K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$333K |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
+$276K |
| 5 |
CMI
Clare Market Investments
Dallas,
Texas
|
+$224K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$1.94M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$1.38M |
| 3 |
MSL
Mackay Shields LLC
New York
|
-$1.18M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$704K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$668K |
BKN Hedge Fund Activity: Q1 2021 in Review
54 of the 5,701 institutional investors tracked by Wall St. Rank reported a position in BlackRock Investment Quality Municipal Trust (BKN) for Q1 2021, worth a combined $47.4M — up 6.8% from $44.4M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BKN positions and 5 closed out — a net gain of 3 holders — while 14 added to existing stakes and 14 trimmed.
The largest buyer was Bank of America, adding an estimated $957K. The largest seller was Kestra Advisory Services, exiting entirely with an estimated $1.94M sold.
- 54 institutional investors held BlackRock Investment Quality Municipal Trust (BKN) as of Q1 2021, up from 51 in Q4 2020.
- Funds reported $47.4M of BlackRock Investment Quality Municipal Trust stock for Q1 2021, up 6.8% quarter-over-quarter.
- 8 funds opened new BlackRock Investment Quality Municipal Trust positions in Q1 2021 and 5 closed out, a net change of +3 holders.
- The largest BlackRock Investment Quality Municipal Trust buyer in Q1 2021 was Bank of America, an estimated $957K added.
- The largest BlackRock Investment Quality Municipal Trust seller in Q1 2021 was Kestra Advisory Services, an estimated $1.94M sold.
Based on aggregated 13F filings for Q1 2021.