Blackrock Muni 2018 Term Tr
BPK
BPK was delisted on the 14th of December, 2018.
41 hedge funds and large institutions have $76.7M invested in Blackrock Muni 2018 Term Tr in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 14 reducing their positions, and 7 closing their positions.
88% more capital invested
Capital invested by funds: $40.8M → $76.7M (+$35.9M)
5% less funds holding
Funds holding: 43 → 41 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
43% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$36.1M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$2.94M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.06M |
| 4 |
MA
Mutual Advisors
Omaha,
Nebraska
|
+$913K |
| 5 |
DWM
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
+$240K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$1.69M |
| 2 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$1.67M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$944K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$652K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$481K |
BPK Hedge Fund Activity: Q1 2018 in Review
41 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Blackrock Muni 2018 Term Tr (BPK) for Q1 2018, worth a combined $76.7M — up 88% from $40.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of BPK and 5 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 8 added.
The largest buyer was Karpus Investment Management, adding an estimated $36.1M. The largest seller was UBS Group, cutting an estimated $1.69M.
- 41 institutional investors held Blackrock Muni 2018 Term Tr (BPK) as of Q1 2018, down from 43 in Q4 2017.
- Funds reported $76.7M of Blackrock Muni 2018 Term Tr stock for Q1 2018, up 88% quarter-over-quarter.
- 5 funds opened new Blackrock Muni 2018 Term Tr positions in Q1 2018 and 7 closed out, a net change of -2 holders.
- The largest Blackrock Muni 2018 Term Tr buyer in Q1 2018 was Karpus Investment Management, an estimated $36.1M added.
- The largest Blackrock Muni 2018 Term Tr seller in Q1 2018 was UBS Group, an estimated $1.69M sold.
Based on aggregated 13F filings for Q1 2018.