BlackRock New York Municipal Bond Trust
BQH was delisted on the 19th of October, 2020.
11 hedge funds and large institutions have $2.23M invested in BlackRock New York Municipal Bond Trust in 2016 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 2 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
5% less capital invested
Capital invested by funds: $2.35M → $2.23M (-$118K)
15% less funds holding
Funds holding: 13 → 11 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Creative Planning
Overland Park,
Kansas
|
+$35.7K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$22.2K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.71K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$16 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$298K |
| 2 |
AIG
American International Group
New York
|
-$22K |
| 3 |
Morgan Stanley
New York
|
-$11K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$3.43K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Lazard Asset Management
New York
| $682K | – | – | – |
|
|
FWM
2
Focused Wealth Management
Newburgh,
New York
| $526K | – | – | – |
|
|
LTFS
3
Ladenburg Thalmann Financial Services
Miami,
Florida
| $236K | – | – | – |
|
|
KIM
4
Karpus Investment Management
Pittsford,
New York
| $211K | -$298K | -19,022 | -59% |
|
5
Bank of America
Charlotte,
North Carolina
| $192K | – | – | – |
|
|
6
Wells Fargo
San Francisco,
California
| $105K | +$16 | +1 | +0% |
|
|
7
UBS Group
Zurich,
Switzerland
| $88K | +$22.2K | +1,420 | +35% |
|
|
8
Morgan Stanley
New York
| $80K | -$11K | -705 | -12% |
|
|
9
Creative Planning
Overland Park,
Kansas
| $56K | +$35.7K | +2,278 | +187% |
|
|
10
Royal Bank of Canada
Toronto,
Ontario, Canada
| $46K | +$2.71K | +173 | +6% |
|
11
Citigroup
New York
| $6K | – | – | – |
|
|
WAM
12
Wolverine Asset Management
Chicago,
Illinois
| $3K | -$3.43K | -219 | -52% |
|
|
AIG
13
American International Group
New York
| – | -$22K | -1,500 | Closed |
|
|
TRCT
14
Tower Research Capital (TRC)
New York
| – | -$3K | -186 | Closed |
|
BQH Hedge Fund Activity: Q2 2016 in Review
11 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in BlackRock New York Municipal Bond Trust (BQH) for Q2 2016, worth a combined $2.23M — down 5% from $2.35M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of BQH and 0 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 4 added.
The largest buyer was Creative Planning, adding an estimated $35.7K. The largest seller was Karpus Investment Management, cutting an estimated $298K.
- 11 institutional investors held BlackRock New York Municipal Bond Trust (BQH) as of Q2 2016, down from 13 in Q1 2016.
- Funds reported $2.23M of BlackRock New York Municipal Bond Trust stock for Q2 2016, down 5% quarter-over-quarter.
- 0 funds opened new BlackRock New York Municipal Bond Trust positions in Q2 2016 and 2 closed out, a net change of -2 holders.
- The largest BlackRock New York Municipal Bond Trust buyer in Q2 2016 was Creative Planning, an estimated $35.7K added.
- The largest BlackRock New York Municipal Bond Trust seller in Q2 2016 was Karpus Investment Management, an estimated $298K sold.
Based on aggregated 13F filings for Q2 2016.