Blackrock Muni 2018 Term Tr
BPK
BPK was delisted on the 14th of December, 2018.
41 hedge funds and large institutions have $104M invested in Blackrock Muni 2018 Term Tr in 2018 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 4 increasing their positions, 16 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
3% more funds holding
Funds holding: 40 → 41 (+1)
2% more capital invested
Capital invested by funds: $102M → $104M (+$2.06M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
75% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DWM
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
+$2.31M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.23M |
| 3 |
WA
WBH Advisory
Baltimore,
Maryland
|
+$568K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$249K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$167K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCM
Jacobi Capital Management
Pittston,
Pennsylvania
|
-$1M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$903K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$299K |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
-$201K |
| 5 |
LPL Financial
San Diego,
California
|
-$195K |
BPK Hedge Fund Activity: Q3 2018 in Review
41 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Blackrock Muni 2018 Term Tr (BPK) for Q3 2018, worth a combined $104M — up 2% from $102M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BPK positions and 6 closed out — a net gain of 1 holder — while 4 added to existing stakes and 16 trimmed.
The largest buyer was Dakota Wealth Management, opening a new position worth an estimated $2.31M. The largest seller was Jacobi Capital Management, exiting entirely with an estimated $1M sold.
- 41 institutional investors held Blackrock Muni 2018 Term Tr (BPK) as of Q3 2018, up from 40 in Q2 2018.
- Funds reported $104M of Blackrock Muni 2018 Term Tr stock for Q3 2018, up 2% quarter-over-quarter.
- 7 funds opened new Blackrock Muni 2018 Term Tr positions in Q3 2018 and 6 closed out, a net change of +1 holder.
- The largest Blackrock Muni 2018 Term Tr buyer in Q3 2018 was Dakota Wealth Management, an estimated $2.31M added.
- The largest Blackrock Muni 2018 Term Tr seller in Q3 2018 was Jacobi Capital Management, an estimated $1M sold.
Based on aggregated 13F filings for Q3 2018.