BlackRock New York Municipal Income Trust
BNY
BNY was delisted on the 6th of February, 2026.
49 hedge funds and large institutions have $49.5M invested in BlackRock New York Municipal Income Trust in 2023 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 18 increasing their positions, 12 reducing their positions, and 7 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 12
1.94% more ownership
Funds ownership: 20.16% → 22.1% (+1.9%)
4% less capital invested
Capital invested by funds: $51.3M → $49.5M (-$1.85M)
4% less funds holding
Funds holding: 51 → 49 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$4.01M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.07M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$799K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$630K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$267K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FWM
Focused Wealth Management
Newburgh,
New York
|
-$656K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$582K |
| 3 |
Edgewood Management
Greenwich,
Connecticut
|
-$465K |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$385K |
| 5 |
Morgan Stanley
New York
|
-$209K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Edgewood Management
Greenwich,
Connecticut
| – | -$465K | -45,000 | Closed |
|
|
KWA
52
Kingswood Wealth Advisors
San Diego,
California
| – | -$169K | -16,339 | Closed |
|
|
SRC
53
Shufro Rose & Co
New York
| – | -$159K | -15,373 | Closed |
|
|
LCM
54
Landscape Capital Management
Englewood,
New Jersey
| – | -$156K | -15,106 | Closed |
|
|
STA
55
Summit Trail Advisors
New York
| – | -$112K | -10,819 | Closed |
|
|
NA
56
NewEdge Advisors
New Orleans,
Louisiana
| – | -$111K | -10,700 | Closed |
|
|
WAM
57
Wolverine Asset Management
Chicago,
Illinois
| – | -$72.4K | -6,999 | Closed |
|
BNY Hedge Fund Activity: Q3 2023 in Review
49 of the 6,303 institutional investors tracked by Wall St. Rank reported a position in BlackRock New York Municipal Income Trust (BNY) for Q3 2023, worth a combined $49.5M — down 3.6% from $51.3M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of BNY and 5 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 18 added.
The largest buyer was Saba Capital Management, adding an estimated $4.01M. The largest seller was Focused Wealth Management, cutting an estimated $656K.
- 49 institutional investors held BlackRock New York Municipal Income Trust (BNY) as of Q3 2023, down from 51 in Q2 2023.
- Funds reported $49.5M of BlackRock New York Municipal Income Trust stock for Q3 2023, down 3.6% quarter-over-quarter.
- 5 funds opened new BlackRock New York Municipal Income Trust positions in Q3 2023 and 7 closed out, a net change of -2 holders.
- The largest BlackRock New York Municipal Income Trust buyer in Q3 2023 was Saba Capital Management, an estimated $4.01M added.
- The largest BlackRock New York Municipal Income Trust seller in Q3 2023 was Focused Wealth Management, an estimated $656K sold.
Based on aggregated 13F filings for Q3 2023.