BlackRock New York Municipal Bond Trust
BQH was delisted on the 19th of October, 2020.
13 hedge funds and large institutions have $15M invested in BlackRock New York Municipal Bond Trust in 2020 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 3 reducing their positions, and 2 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 3
29% more capital invested
Capital invested by funds: $11.7M → $15M (+$3.33M)
0% more funds holding
Funds holding: 13 → 13 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$1.65M |
| 2 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$593K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$151K |
| 4 |
Morgan Stanley
New York
|
+$107K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$95.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Almitas Capital
Santa Monica,
California
|
-$505K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$145K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$95.1K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$17.7K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$3.08K |
BQH Hedge Fund Activity: Q2 2020 in Review
13 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in BlackRock New York Municipal Bond Trust (BQH) for Q2 2020, worth a combined $15M — up 29% from $11.7M a quarter earlier.
Fund positioning in BQH was balanced in Q2 2020: 2 funds opened new positions, 2 closed out, 7 added to existing stakes and 3 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $1.65M. The largest seller was Almitas Capital, exiting entirely with an estimated $505K sold.
- 13 institutional investors held BlackRock New York Municipal Bond Trust (BQH) as of Q2 2020, unchanged from Q1 2020.
- Funds reported $15M of BlackRock New York Municipal Bond Trust stock for Q2 2020, up 29% quarter-over-quarter.
- 2 funds opened new BlackRock New York Municipal Bond Trust positions in Q2 2020 and 2 closed out, a net change of 0 holders.
- The largest BlackRock New York Municipal Bond Trust buyer in Q2 2020 was Saba Capital Management, an estimated $1.65M added.
- The largest BlackRock New York Municipal Bond Trust seller in Q2 2020 was Almitas Capital, an estimated $505K sold.
Based on aggregated 13F filings for Q2 2020.