BlackRock Investment Quality Municipal Trust
BKN
BKN was delisted on the 20th of February, 2026.
64 hedge funds and large institutions have $54.6M invested in BlackRock Investment Quality Municipal Trust in 2024 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 17 reducing their positions, and 5 closing their positions.
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
12% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 17
0% more funds holding
Funds holding: 64 → 64 (0)
3% less capital invested
Capital invested by funds: $56.3M → $54.6M (-$1.67M)
1.94% less ownership
Funds ownership: 27.54% → 25.6% (-1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$747K |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$673K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$285K |
| 4 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$239K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$149K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$1.42M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.03M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.02M |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$892K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$405K |
BKN Hedge Fund Activity: Q1 2024 in Review
64 of the 6,962 institutional investors tracked by Wall St. Rank reported a position in BlackRock Investment Quality Municipal Trust (BKN) for Q1 2024, worth a combined $54.6M — down 3% from $56.3M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BKN positions and 5 closed out — a net gain of 1 holder — while 19 added to existing stakes and 17 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $747K. The largest seller was Ackerman Capital Advisors, exiting entirely with an estimated $1.42M sold.
- 64 institutional investors held BlackRock Investment Quality Municipal Trust (BKN) as of Q1 2024, unchanged from Q4 2023.
- Funds reported $54.6M of BlackRock Investment Quality Municipal Trust stock for Q1 2024, down 3% quarter-over-quarter.
- 6 funds opened new BlackRock Investment Quality Municipal Trust positions in Q1 2024 and 5 closed out, a net change of +1 holder.
- The largest BlackRock Investment Quality Municipal Trust buyer in Q1 2024 was Morgan Stanley, an estimated $747K added.
- The largest BlackRock Investment Quality Municipal Trust seller in Q1 2024 was Ackerman Capital Advisors, an estimated $1.42M sold.
Based on aggregated 13F filings for Q1 2024.