BlackRock New York Municipal Bond Trust
BQH was delisted on the 19th of October, 2020.
10 hedge funds and large institutions have $2.32M invested in BlackRock New York Municipal Bond Trust in 2016 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 2 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
0% less capital invested
Capital invested by funds: $2.32M → $2.32M (-$3K)
9% less funds holding
Funds holding: 11 → 10 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FWM
Focused Wealth Management
Newburgh,
New York
|
+$205K |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$197K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$26.2K |
| 4 |
Morgan Stanley
New York
|
+$24K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$7.28K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$162K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$103K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FWM
1
Focused Wealth Management
Newburgh,
New York
| $703K | +$205K | +14,108 | +39% |
|
2
Lazard Asset Management
New York
| $643K | – | – | – |
|
|
3
Bank of America
Charlotte,
North Carolina
| $210K | +$26.2K | +1,800 | +14% |
|
|
LTFS
4
Ladenburg Thalmann Financial Services
Miami,
Florida
| $206K | – | – | – |
|
|
CRC
5
Curi RMB Capital
Chicago,
Illinois
| $189K | +$197K | +13,509 | New |
|
|
6
Wells Fargo
San Francisco,
California
| $99K | +$7.28K | +500 | +8% |
|
7
Royal Bank of Canada
Toronto,
Ontario, Canada
| $91K | – | – | – |
|
|
8
Morgan Stanley
New York
| $89K | +$24K | +1,650 | +35% |
|
|
9
UBS Group
Zurich,
Switzerland
| $76K | -$103K | -7,086 | -57% |
|
10
Creative Planning
Overland Park,
Kansas
| $10K | – | – | – |
|
11
Citigroup
New York
| $5K | – | – | – |
|
|
KIM
12
Karpus Investment Management
Pittsford,
New York
| – | -$162K | -10,340 | Closed |
|
|
TRCT
13
Tower Research Capital (TRC)
New York
| – | -$4K | -267 | Closed |
|
BQH Hedge Fund Activity: Q4 2016 in Review
10 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in BlackRock New York Municipal Bond Trust (BQH) for Q4 2016, worth a combined $2.32M — down 0.13% from $2.32M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of BQH and 1 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 4 added.
The largest buyer was Focused Wealth Management, adding an estimated $205K. The largest seller was Karpus Investment Management, exiting entirely with an estimated $162K sold.
- 10 institutional investors held BlackRock New York Municipal Bond Trust (BQH) as of Q4 2016, down from 11 in Q3 2016.
- Funds reported $2.32M of BlackRock New York Municipal Bond Trust stock for Q4 2016, down 0.13% quarter-over-quarter.
- 1 fund opened new BlackRock New York Municipal Bond Trust positions in Q4 2016 and 2 closed out, a net change of -1 holder.
- The largest BlackRock New York Municipal Bond Trust buyer in Q4 2016 was Focused Wealth Management, an estimated $205K added.
- The largest BlackRock New York Municipal Bond Trust seller in Q4 2016 was Karpus Investment Management, an estimated $162K sold.
Based on aggregated 13F filings for Q4 2016.