BlackRock Municipal Income Trust II
BLE
BLE was delisted on the 6th of February, 2026.
95 hedge funds and large institutions have $181M invested in BlackRock Municipal Income Trust II in 2025 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 34 increasing their positions, 23 reducing their positions, and 15 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
48% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 23
0.36% more ownership
Funds ownership: 36.16% → 36.52% (+0.36%)
0% less capital invested
Capital invested by funds: $182M → $181M (-$175K)
10% less funds holding
Funds holding: 105 → 95 (-10)
53% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$2.17M |
| 2 |
MSL
Mackay Shields LLC
New York
|
+$2.15M |
| 3 |
Pathstone Holdings
Englewood,
New Jersey
|
+$1.62M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$602K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$579K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.57M |
| 2 |
VanEck Associates
New York
|
-$1.08M |
| 3 |
PAS
Park Avenue Securities
New York
|
-$1.04M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$751K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$461K |
BLE Hedge Fund Activity: Q1 2025 in Review
95 of the 7,476 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal Income Trust II (BLE) for Q1 2025, worth a combined $181M — down 0.1% from $182M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of BLE and 7 opened new positions — a net loss of 8 holders — while 23 trimmed existing stakes and 34 added.
The largest buyer was Hennion & Walsh Asset Management, opening a new position worth an estimated $2.17M. The largest seller was Guggenheim Capital, cutting an estimated $1.57M.
- 95 institutional investors held BlackRock Municipal Income Trust II (BLE) as of Q1 2025, down from 105 in Q4 2024.
- Funds reported $181M of BlackRock Municipal Income Trust II stock for Q1 2025, down 0.1% quarter-over-quarter.
- 7 funds opened new BlackRock Municipal Income Trust II positions in Q1 2025 and 15 closed out, a net change of -8 holders.
- The largest BlackRock Municipal Income Trust II buyer in Q1 2025 was Hennion & Walsh Asset Management, an estimated $2.17M added.
- The largest BlackRock Municipal Income Trust II seller in Q1 2025 was Guggenheim Capital, an estimated $1.57M sold.
Based on aggregated 13F filings for Q1 2025.