Blackrock Muni 2018 Term Tr
BPK
BPK was delisted on the 14th of December, 2018.
43 hedge funds and large institutions have $40.8M invested in Blackrock Muni 2018 Term Tr in 2017 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 13 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
34% more capital invested
Capital invested by funds: $30.4M → $40.8M (+$10.4M)
15% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 13
10% more funds holding
Funds holding: 39 → 43 (+4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$7.72M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.58M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.1M |
| 4 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$747K |
| 5 |
Squarepoint
New York
|
+$239K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$865K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$358K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$204K |
| 4 |
Morgan Stanley
New York
|
-$172K |
| 5 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
-$170K |
BPK Hedge Fund Activity: Q4 2017 in Review
43 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Blackrock Muni 2018 Term Tr (BPK) for Q4 2017, worth a combined $40.8M — up 34% from $30.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BPK positions and 3 closed out — a net gain of 4 holders — while 15 added to existing stakes and 13 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $7.72M. The largest seller was HighTower Advisors, cutting an estimated $865K.
- 43 institutional investors held Blackrock Muni 2018 Term Tr (BPK) as of Q4 2017, up from 39 in Q3 2017.
- Funds reported $40.8M of Blackrock Muni 2018 Term Tr stock for Q4 2017, up 34% quarter-over-quarter.
- 7 funds opened new Blackrock Muni 2018 Term Tr positions in Q4 2017 and 3 closed out, a net change of +4 holders.
- The largest Blackrock Muni 2018 Term Tr buyer in Q4 2017 was Karpus Investment Management, an estimated $7.72M added.
- The largest Blackrock Muni 2018 Term Tr seller in Q4 2017 was HighTower Advisors, an estimated $865K sold.
Based on aggregated 13F filings for Q4 2017.