Blackrock Muni 2018 Term Tr
BPK
BPK was delisted on the 14th of December, 2018.
40 hedge funds and large institutions have $102M invested in Blackrock Muni 2018 Term Tr in 2018 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 17 reducing their positions, and 2 closing their positions.
33% more capital invested
Capital invested by funds: $76.7M → $102M (+$25M)
2% less funds holding
Funds holding: 41 → 40 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
59% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$27M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.8M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$623K |
| 4 |
LCM
Laurion Capital Management
New York
|
+$150K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$149K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$1.06M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$695K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$692K |
| 4 |
Morgan Stanley
New York
|
-$661K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$476K |
BPK Hedge Fund Activity: Q2 2018 in Review
40 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Blackrock Muni 2018 Term Tr (BPK) for Q2 2018, worth a combined $102M — up 33% from $76.7M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of BPK and 1 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 7 added.
The largest buyer was Karpus Investment Management, adding an estimated $27M. The largest seller was Ancora Advisors, cutting an estimated $1.06M.
- 40 institutional investors held Blackrock Muni 2018 Term Tr (BPK) as of Q2 2018, down from 41 in Q1 2018.
- Funds reported $102M of Blackrock Muni 2018 Term Tr stock for Q2 2018, up 33% quarter-over-quarter.
- 1 fund opened new Blackrock Muni 2018 Term Tr positions in Q2 2018 and 2 closed out, a net change of -1 holder.
- The largest Blackrock Muni 2018 Term Tr buyer in Q2 2018 was Karpus Investment Management, an estimated $27M added.
- The largest Blackrock Muni 2018 Term Tr seller in Q2 2018 was Ancora Advisors, an estimated $1.06M sold.
Based on aggregated 13F filings for Q2 2018.