BlackRock Municipal Income Trust II
BLE
BLE was delisted on the 6th of February, 2026.
102 hedge funds and large institutions have $167M invested in BlackRock Municipal Income Trust II in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 36 increasing their positions, 28 reducing their positions, and 11 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 28
2% less capital invested
Capital invested by funds: $170M → $167M (-$2.98M)
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
1.01% less ownership
Funds ownership: 32.8% → 31.79% (-1%)
3% less funds holding
Funds holding: 105 → 102 (-3)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$1.42M |
| 2 |
MSL
Mackay Shields LLC
New York
|
+$1.15M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.15M |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.03M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$703K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$2.83M |
| 2 |
Morgan Stanley
New York
|
-$2.01M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$1.53M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.11M |
| 5 |
SCM
Saba Capital Management
New York
|
-$801K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HNB
101
Huntington National Bank
Columbus,
Ohio
| $11 | – | – | – |
|
|
FIA
102
FNY Investment Advisers
New York
| $8 | +$8.58K | +800 | New |
|
|
LSC
103
Logan Stone Capital
Chicago,
Illinois
| – | -$2.83M | -265,446 | Closed |
|
|
SCM
104
Saba Capital Management
New York
| – | -$801K | -75,040 | Closed |
|
|
MIG
105
Mariner Investment Group
Harrison,
New York
| – | -$737K | -69,020 | Closed |
|
|
CAM
106
Crestone Asset Management
Boulder,
Colorado
| – | -$262K | -24,488 | Closed |
|
|
KPWS
107
Kestra Private Wealth Services
Austin,
Texas
| – | -$130K | -12,175 | Closed |
|
|
STA
108
Summit Trail Advisors
New York
| – | -$130K | -12,143 | Closed |
|
|
MNBTD
109
Moody National Bank Trust Division
Galveston,
Texas
| – | -$122K | -11,399 | Closed |
|
110
Financial Engines Advisors
Santa Clara,
California
| – | -$118K | -10,969 | Closed |
|
|
AA
111
AlphaCentric Advisors
San Juan,
Puerto Rico
| – | -$60.9K | -5,700 | Closed |
|
|
BI
112
Bramshill Investments
Naples,
Florida
| – | -$46.1K | -4,316 | Closed |
|
|
WB
113
Webster Bank
Waterbury,
Connecticut
| – | -$22.7K | -2,122 | Closed |
|
BLE Hedge Fund Activity: Q1 2024 in Review
102 of the 6,946 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal Income Trust II (BLE) for Q1 2024, worth a combined $167M — down 1.7% from $170M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of BLE and 10 opened new positions — a net loss of 1 holder — while 28 trimmed existing stakes and 36 added.
The largest buyer was Nine Masts Capital, opening a new position worth an estimated $1.42M. The largest seller was Logan Stone Capital, exiting entirely with an estimated $2.83M sold.
- 102 institutional investors held BlackRock Municipal Income Trust II (BLE) as of Q1 2024, down from 105 in Q4 2023.
- Funds reported $167M of BlackRock Municipal Income Trust II stock for Q1 2024, down 1.7% quarter-over-quarter.
- 10 funds opened new BlackRock Municipal Income Trust II positions in Q1 2024 and 11 closed out, a net change of -1 holder.
- The largest BlackRock Municipal Income Trust II buyer in Q1 2024 was Nine Masts Capital, an estimated $1.42M added.
- The largest BlackRock Municipal Income Trust II seller in Q1 2024 was Logan Stone Capital, an estimated $2.83M sold.
Based on aggregated 13F filings for Q1 2024.