BlackRock Municipal Income Trust II
BLE
BLE was delisted on the 6th of February, 2026.
93 hedge funds and large institutions have $104M invested in BlackRock Municipal Income Trust II in 2022 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 30 increasing their positions, 30 reducing their positions, and 17 closing their positions.
59% more capital invested
Capital invested by funds: $65.5M → $104M (+$38.4M)
7.23% more ownership
Funds ownership: 13.43% → 20.66% (+7.2%)
0% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 30
6% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 17
3% less funds holding
Funds holding: 96 → 93 (-3)
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
|
+$19.3M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$10.7M |
| 3 |
WP
Woodline Partners
San Francisco,
California
|
+$2.19M |
| 4 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$2.09M |
| 5 |
Morgan Stanley
New York
|
+$2.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$4.53M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$2.08M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.22M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$956K |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$729K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Comerica Bank
Dallas,
Texas
| – | -$96K | -10,042 | Closed |
|
|
FAIM
102
Financial Advocates Investment Management
Olympia,
Washington
| – | -$223K | -4,833 | Closed |
|
|
FCB
103
First Command Bank
Fort Worth,
Texas
| – | -$35K | -3,500 | Closed |
|
|
FCFS
104
First Command Financial Services
Fort Worth,
Texas
| – | -$35K | -3,500 | Closed |
|
|
GWSG
105
GPS Wealth Strategies Group
Centennial,
Colorado
| – | -$33K | -3,276 | Closed |
|
106
US Bancorp
Minneapolis,
Minnesota
| – | -$25K | -2,500 | Closed |
|
|
EIP
107
Ellis Investment Partners
Berwyn,
Pennsylvania
| – | -$14K | -1,468 | Closed |
|
|
SA
108
SRH Advisors
Salina,
Kansas
| – | -$13K | -1,280 | Closed |
|
|
FIA
109
FNY Investment Advisers
New York
| – | -$5K | -600 | Closed |
|
|
LS
110
Leelyn Smith
Geneva,
Illinois
| – | -$6K | -574 | Closed |
|
|
AA
111
Ancora Advisors
Cleveland,
Ohio
| – | -$5K | -550 | Closed |
|
BLE Hedge Fund Activity: Q4 2022 in Review
93 of the 6,223 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal Income Trust II (BLE) for Q4 2022, worth a combined $104M — up 59% from $65.5M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of BLE and 16 opened new positions — a net loss of 1 holder — while 30 trimmed existing stakes and 30 added.
The largest buyer was Karpus Investment Management, adding an estimated $19.3M. The largest seller was UBS Group, cutting an estimated $4.53M.
- 93 institutional investors held BlackRock Municipal Income Trust II (BLE) as of Q4 2022, down from 96 in Q3 2022.
- Funds reported $104M of BlackRock Municipal Income Trust II stock for Q4 2022, up 59% quarter-over-quarter.
- 16 funds opened new BlackRock Municipal Income Trust II positions in Q4 2022 and 17 closed out, a net change of -1 holder.
- The largest BlackRock Municipal Income Trust II buyer in Q4 2022 was Karpus Investment Management, an estimated $19.3M added.
- The largest BlackRock Municipal Income Trust II seller in Q4 2022 was UBS Group, an estimated $4.53M sold.
Based on aggregated 13F filings for Q4 2022.