BlackRock New York Municipal Bond Trust
BQH was delisted on the 19th of October, 2020.
11 hedge funds and large institutions have $2.11M invested in BlackRock New York Municipal Bond Trust in 2017 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 1 reducing their positions, and 1 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 1
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
10% more funds holding
Funds holding: 10 → 11 (+1)
9% less capital invested
Capital invested by funds: $2.32M → $2.11M (-$209K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$261K |
| 2 |
FWM
Focused Wealth Management
Newburgh,
New York
|
+$206K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$64.4K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$24K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$19.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$189K |
| 2 |
Morgan Stanley
New York
|
-$20.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FWM
1
Focused Wealth Management
Newburgh,
New York
| $911K | +$206K | +14,592 | +29% |
|
|
KIM
2
Karpus Investment Management
Pittsford,
New York
| $261K | +$261K | +18,502 | New |
|
|
3
Bank of America
Charlotte,
North Carolina
| $231K | +$19.8K | +1,400 | +9% |
|
|
LTFS
4
Ladenburg Thalmann Financial Services
Miami,
Florida
| $231K | +$24K | +1,702 | +12% |
|
|
5
UBS Group
Zurich,
Switzerland
| $141K | +$64.4K | +4,561 | +84% |
|
6
Royal Bank of Canada
Toronto,
Ontario, Canada
| $105K | +$14.1K | +1,000 | +15% |
|
7
Wells Fargo
San Francisco,
California
| $99K | – | – | – |
|
|
8
Morgan Stanley
New York
| $69K | -$20.3K | -1,441 | -23% |
|
9
Lazard Asset Management
New York
| $46K | – | – | – |
|
10
Creative Planning
Overland Park,
Kansas
| $10K | – | – | – |
|
11
Citigroup
New York
| $5K | – | – | – |
|
|
AG
12
Advisor Group
Phoenix,
Arizona
| $3K | +$2.82K | +200 | New |
|
|
CRC
13
Curi RMB Capital
Chicago,
Illinois
| – | -$189K | -13,509 | Closed |
|
BQH Hedge Fund Activity: Q1 2017 in Review
11 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in BlackRock New York Municipal Bond Trust (BQH) for Q1 2017, worth a combined $2.11M — down 9% from $2.32M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new BQH positions and 1 closed out — a net gain of 1 holder — while 5 added to existing stakes and 1 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $261K. The largest seller was Curi RMB Capital, exiting entirely with an estimated $189K sold.
- 11 institutional investors held BlackRock New York Municipal Bond Trust (BQH) as of Q1 2017, up from 10 in Q4 2016.
- Funds reported $2.11M of BlackRock New York Municipal Bond Trust stock for Q1 2017, down 9% quarter-over-quarter.
- 2 funds opened new BlackRock New York Municipal Bond Trust positions in Q1 2017 and 1 closed out, a net change of +1 holder.
- The largest BlackRock New York Municipal Bond Trust buyer in Q1 2017 was Karpus Investment Management, an estimated $261K added.
- The largest BlackRock New York Municipal Bond Trust seller in Q1 2017 was Curi RMB Capital, an estimated $189K sold.
Based on aggregated 13F filings for Q1 2017.