BlackRock New York Municipal Bond Trust
BQH was delisted on the 19th of October, 2020.
10 hedge funds and large institutions have $2.55M invested in BlackRock New York Municipal Bond Trust in 2015 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 1 reducing their positions, and 3 closing their positions.
500% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 1
28% more capital invested
Capital invested by funds: $1.99M → $2.55M (+$557K)
17% less funds holding
Funds holding: 12 → 10 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$170K |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$165K |
| 3 |
FWM
Focused Wealth Management
Newburgh,
New York
|
+$39.7K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$39.7K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$8.33K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$26K |
| 2 |
Morgan Stanley
New York
|
-$3.13K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KIM
1
Karpus Investment Management
Pittsford,
New York
| $718K | +$165K | +11,639 | +32% |
|
2
Lazard Asset Management
New York
| $632K | – | – | – |
|
|
FWM
3
Focused Wealth Management
Newburgh,
New York
| $484K | +$39.7K | +2,810 | +9% |
|
|
LTFS
4
Ladenburg Thalmann Financial Services
Miami,
Florida
| $218K | +$39.7K | +2,810 | +24% |
|
|
5
Bank of America
Charlotte,
North Carolina
| $178K | +$170K | +12,000 | New |
|
6
Wells Fargo
San Francisco,
California
| $97K | +$14 | +1 | +0% |
|
|
7
Morgan Stanley
New York
| $84K | -$3.13K | -221 | -4% |
|
8
UBS Group
Zurich,
Switzerland
| $45K | – | – | – |
|
|
9
Royal Bank of Canada
Toronto,
Ontario, Canada
| $40K | +$8.33K | +589 | +28% |
|
|
AIG
10
American International Group
New York
| $37K | – | – | – |
|
11
Creative Planning
Overland Park,
Kansas
| $16K | +$5.47K | +387 | +55% |
|
|
12
Citigroup
New York
| – | -$26K | -1,859 | Closed |
|
|
TRCT
13
Tower Research Capital (TRC)
New York
| – | -$1K | -90 | Closed |
|
BQH Hedge Fund Activity: Q4 2015 in Review
10 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in BlackRock New York Municipal Bond Trust (BQH) for Q4 2015, worth a combined $2.55M — up 28% from $1.99M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of BQH and 1 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 6 added.
The largest buyer was Bank of America, opening a new position worth an estimated $170K. The largest seller was Citigroup, exiting entirely with an estimated $26K sold.
- 10 institutional investors held BlackRock New York Municipal Bond Trust (BQH) as of Q4 2015, down from 12 in Q3 2015.
- Funds reported $2.55M of BlackRock New York Municipal Bond Trust stock for Q4 2015, up 28% quarter-over-quarter.
- 1 fund opened new BlackRock New York Municipal Bond Trust positions in Q4 2015 and 3 closed out, a net change of -2 holders.
- The largest BlackRock New York Municipal Bond Trust buyer in Q4 2015 was Bank of America, an estimated $170K added.
- The largest BlackRock New York Municipal Bond Trust seller in Q4 2015 was Citigroup, an estimated $26K sold.
Based on aggregated 13F filings for Q4 2015.