BlackRock Municipal Income Trust II
BLE
BLE was delisted on the 6th of February, 2026.
105 hedge funds and large institutions have $170M invested in BlackRock Municipal Income Trust II in 2023 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 39 increasing their positions, 24 reducing their positions, and 11 closing their positions.
73% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 11
63% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 24
34% more capital invested
Capital invested by funds: $127M → $170M (+$43.6M)
7% more funds holding
Funds holding: 98 → 105 (+7)
4.29% more ownership
Funds ownership: 28.51% → 32.8% (+4.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.78M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$4.31M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.45M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.33M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.55M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$2.42M |
| 3 |
AGM
Alpine Global Management
New York
|
-$700K |
| 4 |
SCM
Saba Capital Management
New York
|
-$649K |
| 5 |
Rockefeller Capital Management
New York
|
-$598K |
BLE Hedge Fund Activity: Q4 2023 in Review
105 of the 6,863 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal Income Trust II (BLE) for Q4 2023, worth a combined $170M — up 34% from $127M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new BLE positions and 11 closed out — a net gain of 8 holders — while 39 added to existing stakes and 24 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $4.78M. The largest seller was Morgan Stanley, cutting an estimated $3.55M.
- 105 institutional investors held BlackRock Municipal Income Trust II (BLE) as of Q4 2023, up from 98 in Q3 2023.
- Funds reported $170M of BlackRock Municipal Income Trust II stock for Q4 2023, up 34% quarter-over-quarter.
- 19 funds opened new BlackRock Municipal Income Trust II positions in Q4 2023 and 11 closed out, a net change of +8 holders.
- The largest BlackRock Municipal Income Trust II buyer in Q4 2023 was Rivernorth Capital Management, an estimated $4.78M added.
- The largest BlackRock Municipal Income Trust II seller in Q4 2023 was Morgan Stanley, an estimated $3.55M sold.
Based on aggregated 13F filings for Q4 2023.