BlackRock Investment Quality Municipal Trust
BKN
BKN was delisted on the 20th of February, 2026.
62 hedge funds and large institutions have $50.2M invested in BlackRock Investment Quality Municipal Trust in 2024 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 19 increasing their positions, 18 reducing their positions, and 6 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 18
1.23% less ownership
Funds ownership: 25.6% → 24.36% (-1.2%)
3% less funds holding
Funds holding: 64 → 62 (-2)
8% less capital invested
Capital invested by funds: $54.6M → $50.2M (-$4.39M)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWM
Modern Wealth Management
Lenexa,
Kansas
|
+$421K |
| 2 |
Morgan Stanley
New York
|
+$319K |
| 3 |
SW
Simplicity Wealth
Summit,
New Jersey
|
+$186K |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$185K |
| 5 |
KOC
Koss-Olinger Consulting
Gainesville,
Florida
|
+$180K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$1.03M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$597K |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$442K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$254K |
| 5 |
Cohen & Steers
New York
|
-$240K |
BKN Hedge Fund Activity: Q2 2024 in Review
62 of the 6,910 institutional investors tracked by Wall St. Rank reported a position in BlackRock Investment Quality Municipal Trust (BKN) for Q2 2024, worth a combined $50.2M — down 8% from $54.6M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of BKN and 5 opened new positions — a net loss of 1 holder — while 18 trimmed existing stakes and 19 added.
The largest buyer was Modern Wealth Management, opening a new position worth an estimated $421K. The largest seller was Fiera Capital (Canada), cutting an estimated $1.03M.
- 62 institutional investors held BlackRock Investment Quality Municipal Trust (BKN) as of Q2 2024, down from 64 in Q1 2024.
- Funds reported $50.2M of BlackRock Investment Quality Municipal Trust stock for Q2 2024, down 8% quarter-over-quarter.
- 5 funds opened new BlackRock Investment Quality Municipal Trust positions in Q2 2024 and 6 closed out, a net change of -1 holder.
- The largest BlackRock Investment Quality Municipal Trust buyer in Q2 2024 was Modern Wealth Management, an estimated $421K added.
- The largest BlackRock Investment Quality Municipal Trust seller in Q2 2024 was Fiera Capital (Canada), an estimated $1.03M sold.
Based on aggregated 13F filings for Q2 2024.