BlackRock Investment Quality Municipal Trust
BKN
BKN was delisted on the 20th of February, 2026.
68 hedge funds and large institutions have $46.4M invested in BlackRock Investment Quality Municipal Trust in 2024 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 20 increasing their positions, 13 reducing their positions, and 5 closing their positions.
220% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 5
54% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 13
13% more funds holding
Funds holding: 60 → 68 (+8)
1.21% more ownership
Funds ownership: 22.96% → 24.17% (+1.2%)
9% less capital invested
Capital invested by funds: $51M → $46.4M (-$4.67M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$2M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$625K |
| 3 |
RAM
Readystate Asset Management
Chicago,
Illinois
|
+$586K |
| 4 |
HKAM
Horizon Kinetics Asset Management
New York
|
+$516K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$446K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.09M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$777K |
| 3 |
CMI
Clare Market Investments
Dallas,
Texas
|
-$764K |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
-$490K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$442K |
BKN Hedge Fund Activity: Q4 2024 in Review
68 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in BlackRock Investment Quality Municipal Trust (BKN) for Q4 2024, worth a combined $46.4M — down 9.2% from $51M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new BKN positions and 5 closed out — a net gain of 11 holders — while 20 added to existing stakes and 13 trimmed.
The largest buyer was Logan Stone Capital, opening a new position worth an estimated $2M. The largest seller was Morgan Stanley, cutting an estimated $1.09M.
- 68 institutional investors held BlackRock Investment Quality Municipal Trust (BKN) as of Q4 2024, up from 60 in Q3 2024.
- Funds reported $46.4M of BlackRock Investment Quality Municipal Trust stock for Q4 2024, down 9.2% quarter-over-quarter.
- 16 funds opened new BlackRock Investment Quality Municipal Trust positions in Q4 2024 and 5 closed out, a net change of +11 holders.
- The largest BlackRock Investment Quality Municipal Trust buyer in Q4 2024 was Logan Stone Capital, an estimated $2M added.
- The largest BlackRock Investment Quality Municipal Trust seller in Q4 2024 was Morgan Stanley, an estimated $1.09M sold.
Based on aggregated 13F filings for Q4 2024.