BlackRock Investment Quality Municipal Trust
BKN
BKN was delisted on the 20th of February, 2026.
64 hedge funds and large institutions have $52.2M invested in BlackRock Investment Quality Municipal Trust in 2025 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 19 reducing their positions, and 9 closing their positions.
1% more capital invested
Capital invested by funds: $51.5M → $52.2M (+$651K)
0% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 19
0.66% less ownership
Funds ownership: 26.79% → 26.13% (-0.66%)
4% less funds holding
Funds holding: 67 → 64 (-3)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$750K |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$717K |
| 3 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$349K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$294K |
| 5 |
Bank of New York Mellon
New York
|
+$272K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.5M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$811K |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$793K |
| 4 |
Pathstone Holdings
Englewood,
New Jersey
|
-$532K |
| 5 |
Raymond James Financial
St Petersburg,
Florida
|
-$317K |
BKN Hedge Fund Activity: Q3 2025 in Review
64 of the 7,594 institutional investors tracked by Wall St. Rank reported a position in BlackRock Investment Quality Municipal Trust (BKN) for Q3 2025, worth a combined $52.2M — up 1.3% from $51.5M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of BKN and 6 opened new positions — a net loss of 3 holders — while 19 trimmed existing stakes and 19 added.
The largest buyer was Yakira Capital Management, opening a new position worth an estimated $750K. The largest seller was Robinson Capital Management, cutting an estimated $1.5M.
- 64 institutional investors held BlackRock Investment Quality Municipal Trust (BKN) as of Q3 2025, down from 67 in Q2 2025.
- Funds reported $52.2M of BlackRock Investment Quality Municipal Trust stock for Q3 2025, up 1.3% quarter-over-quarter.
- 6 funds opened new BlackRock Investment Quality Municipal Trust positions in Q3 2025 and 9 closed out, a net change of -3 holders.
- The largest BlackRock Investment Quality Municipal Trust buyer in Q3 2025 was Yakira Capital Management, an estimated $750K added.
- The largest BlackRock Investment Quality Municipal Trust seller in Q3 2025 was Robinson Capital Management, an estimated $1.5M sold.
Based on aggregated 13F filings for Q3 2025.