BlackRock New York Municipal Bond Trust
BQH was delisted on the 19th of October, 2020.
13 hedge funds and large institutions have $11.7M invested in BlackRock New York Municipal Bond Trust in 2020 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
11% more capital invested
Capital invested by funds: $10.6M → $11.7M (+$1.13M)
7% less funds holding
Funds holding: 14 → 13 (-1)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.47M |
| 2 |
SCM
Saba Capital Management
New York
|
+$511K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$282K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$7.73K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$2.68K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.09M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$62.5K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$23.4K |
| 4 |
FWM
Focused Wealth Management
Newburgh,
New York
|
-$22.6K |
| 5 |
AC
Almitas Capital
Santa Monica,
California
|
-$8.22K |
BQH Hedge Fund Activity: Q1 2020 in Review
13 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in BlackRock New York Municipal Bond Trust (BQH) for Q1 2020, worth a combined $11.7M — up 11% from $10.6M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new BQH positions and 1 closed out — a net gain of 1 holder — while 4 added to existing stakes and 5 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $2.47M. The largest seller was Karpus Investment Management, exiting entirely with an estimated $1.09M sold.
- 13 institutional investors held BlackRock New York Municipal Bond Trust (BQH) as of Q1 2020, down from 14 in Q4 2019.
- Funds reported $11.7M of BlackRock New York Municipal Bond Trust stock for Q1 2020, up 11% quarter-over-quarter.
- 2 funds opened new BlackRock New York Municipal Bond Trust positions in Q1 2020 and 1 closed out, a net change of +1 holder.
- The largest BlackRock New York Municipal Bond Trust buyer in Q1 2020 was Rivernorth Capital Management, an estimated $2.47M added.
- The largest BlackRock New York Municipal Bond Trust seller in Q1 2020 was Karpus Investment Management, an estimated $1.09M sold.
Based on aggregated 13F filings for Q1 2020.