BlackRock Investment Quality Municipal Trust
BKN
BKN was delisted on the 20th of February, 2026.
64 hedge funds and large institutions have $56.3M invested in BlackRock Investment Quality Municipal Trust in 2023 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 16 reducing their positions, and 7 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 16
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
28% more capital invested
Capital invested by funds: $43.9M → $56.3M (+$12.3M)
3% more funds holding
Funds holding: 62 → 64 (+2)
2.34% more ownership
Funds ownership: 25.19% → 27.54% (+2.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$2.28M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.01M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$851K |
| 4 |
Bank of New York Mellon
New York
|
+$686K |
| 5 |
Cohen & Steers
New York
|
+$592K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$1.27M |
| 2 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$793K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$787K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$520K |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
-$299K |
BKN Hedge Fund Activity: Q4 2023 in Review
64 of the 6,872 institutional investors tracked by Wall St. Rank reported a position in BlackRock Investment Quality Municipal Trust (BKN) for Q4 2023, worth a combined $56.3M — up 28% from $43.9M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new BKN positions and 7 closed out — a net gain of 2 holders — while 23 added to existing stakes and 16 trimmed.
The largest buyer was Robinson Capital Management, adding an estimated $2.28M. The largest seller was Logan Stone Capital, exiting entirely with an estimated $1.27M sold.
- 64 institutional investors held BlackRock Investment Quality Municipal Trust (BKN) as of Q4 2023, up from 62 in Q3 2023.
- Funds reported $56.3M of BlackRock Investment Quality Municipal Trust stock for Q4 2023, up 28% quarter-over-quarter.
- 9 funds opened new BlackRock Investment Quality Municipal Trust positions in Q4 2023 and 7 closed out, a net change of +2 holders.
- The largest BlackRock Investment Quality Municipal Trust buyer in Q4 2023 was Robinson Capital Management, an estimated $2.28M added.
- The largest BlackRock Investment Quality Municipal Trust seller in Q4 2023 was Logan Stone Capital, an estimated $1.27M sold.
Based on aggregated 13F filings for Q4 2023.