BlackRock Municipal Income Trust II
BLE
BLE was delisted on the 6th of February, 2026.
94 hedge funds and large institutions have $132M invested in BlackRock Municipal Income Trust II in 2023 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 27 increasing their positions, 29 reducing their positions, and 10 closing their positions.
5% more capital invested
Capital invested by funds: $125M → $132M (+$6.78M)
1.91% more ownership
Funds ownership: 24.07% → 25.99% (+1.9%)
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
7% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 29
1% less funds holding
Funds holding: 95 → 94 (-1)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.91M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.09M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.6M |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.18M |
| 5 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$1.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WP
Woodline Partners
San Francisco,
California
|
-$3.2M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$296K |
| 3 |
HR
Hardy Reed
Tupelo,
Mississippi
|
-$244K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$243K |
| 5 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$219K |
BLE Hedge Fund Activity: Q2 2023 in Review
94 of the 6,371 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal Income Trust II (BLE) for Q2 2023, worth a combined $132M — up 5.4% from $125M a quarter earlier.
Fund positioning in BLE was balanced in Q2 2023: 10 funds opened new positions, 10 closed out, 27 added to existing stakes and 29 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $3.91M. The largest seller was Woodline Partners, cutting an estimated $3.2M.
- 94 institutional investors held BlackRock Municipal Income Trust II (BLE) as of Q2 2023, down from 95 in Q1 2023.
- Funds reported $132M of BlackRock Municipal Income Trust II stock for Q2 2023, up 5.4% quarter-over-quarter.
- 10 funds opened new BlackRock Municipal Income Trust II positions in Q2 2023 and 10 closed out, a net change of 0 holders.
- The largest BlackRock Municipal Income Trust II buyer in Q2 2023 was Karpus Investment Management, an estimated $3.91M added.
- The largest BlackRock Municipal Income Trust II seller in Q2 2023 was Woodline Partners, an estimated $3.2M sold.
Based on aggregated 13F filings for Q2 2023.