BlackRock New York Municipal Bond Trust
BQH was delisted on the 19th of October, 2020.
14 hedge funds and large institutions have $10.6M invested in BlackRock New York Municipal Bond Trust in 2019 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 2 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
21% more capital invested
Capital invested by funds: $8.75M → $10.6M (+$1.8M)
7% less funds holding
Funds holding: 15 → 14 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$1.18M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.01M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$154K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$77.1K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$30K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$1.16M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$165K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$96.9K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$30.3K |
BQH Hedge Fund Activity: Q4 2019 in Review
14 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in BlackRock New York Municipal Bond Trust (BQH) for Q4 2019, worth a combined $10.6M — up 21% from $8.75M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of BQH and 1 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 5 added.
The largest buyer was Saba Capital Management, adding an estimated $1.18M. The largest seller was Icon Advisers, exiting entirely with an estimated $1.16M sold.
- 14 institutional investors held BlackRock New York Municipal Bond Trust (BQH) as of Q4 2019, down from 15 in Q3 2019.
- Funds reported $10.6M of BlackRock New York Municipal Bond Trust stock for Q4 2019, up 21% quarter-over-quarter.
- 1 fund opened new BlackRock New York Municipal Bond Trust positions in Q4 2019 and 2 closed out, a net change of -1 holder.
- The largest BlackRock New York Municipal Bond Trust buyer in Q4 2019 was Saba Capital Management, an estimated $1.18M added.
- The largest BlackRock New York Municipal Bond Trust seller in Q4 2019 was Icon Advisers, an estimated $1.16M sold.
Based on aggregated 13F filings for Q4 2019.