BlackRock 2037 Municipal Target Term Trust
BMN
21 hedge funds and large institutions have $40.9M invested in BlackRock 2037 Municipal Target Term Trust in 2026 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 4 reducing their positions, and 2 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 4
0% more funds holding
Funds holding: 21 → 21 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
5% less capital invested
Capital invested by funds: $42.9M → $40.9M (-$2M)
1.01% less ownership
Funds ownership: 26.87% → 25.86% (-1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$716K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$219K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$77.6K |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
+$77.1K |
| 5 |
CS
Clear Street
New York
|
+$72.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.83M |
| 2 |
SPIA
Steward Partners Investment Advisory
New York
|
-$531K |
| 3 |
NCM
Narwhal Capital Management
Marietta,
Georgia
|
-$396K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$189K |
| 5 |
NWMP
Noble Wealth Management PBC
Greenwood Village,
Colorado
|
-$45.3K |
BMN Hedge Fund Activity: Q2 2026 in Review
21 of the 8,318 institutional investors tracked by Wall St. Rank reported a position in BlackRock 2037 Municipal Target Term Trust (BMN) for Q2 2026, worth a combined $40.9M — down 4.7% from $42.9M a quarter earlier.
Fund positioning in BMN was balanced in Q2 2026: 2 funds opened new positions, 2 closed out, 9 added to existing stakes and 4 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $716K. The largest seller was Guggenheim Capital, cutting an estimated $1.83M.
- 21 institutional investors held BlackRock 2037 Municipal Target Term Trust (BMN) as of Q2 2026, unchanged from Q1 2026.
- Funds reported $40.9M of BlackRock 2037 Municipal Target Term Trust stock for Q2 2026, down 4.7% quarter-over-quarter.
- 2 funds opened new BlackRock 2037 Municipal Target Term Trust positions in Q2 2026 and 2 closed out, a net change of 0 holders.
- The largest BlackRock 2037 Municipal Target Term Trust buyer in Q2 2026 was Morgan Stanley, an estimated $716K added.
- The largest BlackRock 2037 Municipal Target Term Trust seller in Q2 2026 was Guggenheim Capital, an estimated $1.83M sold.
Based on aggregated 13F filings for Q2 2026.