BlackRock Municipal Income Trust II
BLE
BLE was delisted on the 6th of February, 2026.
98 hedge funds and large institutions have $127M invested in BlackRock Municipal Income Trust II in 2023 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 31 increasing their positions, 30 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
4% more funds holding
Funds holding: 94 → 98 (+4)
2.52% more ownership
Funds ownership: 25.99% → 28.51% (+2.5%)
3% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 30
4% less capital invested
Capital invested by funds: $132M → $127M (-$4.72M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$14M |
| 2 |
API
Advisor Partners II
Walnut Creek,
California
|
+$1.99M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$1.36M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.13M |
| 5 |
Morgan Stanley
New York
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WP
Woodline Partners
San Francisco,
California
|
-$4.56M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$2.53M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$417K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$415K |
| 5 |
VanEck Associates
New York
|
-$414K |
BLE Hedge Fund Activity: Q3 2023 in Review
98 of the 6,303 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal Income Trust II (BLE) for Q3 2023, worth a combined $127M — down 3.6% from $132M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new BLE positions and 6 closed out — a net gain of 5 holders — while 31 added to existing stakes and 30 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $14M. The largest seller was Woodline Partners, exiting entirely with an estimated $4.56M sold.
- 98 institutional investors held BlackRock Municipal Income Trust II (BLE) as of Q3 2023, up from 94 in Q2 2023.
- Funds reported $127M of BlackRock Municipal Income Trust II stock for Q3 2023, down 3.6% quarter-over-quarter.
- 11 funds opened new BlackRock Municipal Income Trust II positions in Q3 2023 and 6 closed out, a net change of +5 holders.
- The largest BlackRock Municipal Income Trust II buyer in Q3 2023 was Rivernorth Capital Management, an estimated $14M added.
- The largest BlackRock Municipal Income Trust II seller in Q3 2023 was Woodline Partners, an estimated $4.56M sold.
Based on aggregated 13F filings for Q3 2023.