BlackRock New York Municipal Bond Trust
BQH was delisted on the 19th of October, 2020.
12 hedge funds and large institutions have $15.6M invested in BlackRock New York Municipal Bond Trust in 2020 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 2 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
4% more capital invested
Capital invested by funds: $15M → $15.6M (+$587K)
8% less funds holding
Funds holding: 13 → 12 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$832K |
| 2 |
SCM
Shelton Capital Management
Denver,
Colorado
|
+$342K |
| 3 |
FWM
Focused Wealth Management
Newburgh,
New York
|
+$4.9K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$4.01K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$303 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$395K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$192K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$26K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$19.1K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$9.52K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCM
1
Saba Capital Management
New York
| $7.67M | – | – | – |
|
|
RCM
2
Rivernorth Capital Management
West Palm Beach,
Florida
| $5.17M | +$832K | +52,279 | +19% |
|
|
FWM
3
Focused Wealth Management
Newburgh,
New York
| $795K | +$4.9K | +308 | +0.6% |
|
|
4
UBS Group
Zurich,
Switzerland
| $688K | +$4.01K | +252 | +0.6% |
|
|
SCM
5
Shelton Capital Management
Denver,
Colorado
| $338K | +$342K | +21,481 | New |
|
6
Morgan Stanley
New York
| $317K | – | – | – |
|
|
IA
7
Icon Advisers
Greenwood Village,
Colorado
| $236K | -$395K | -24,834 | -62% |
|
|
8
Wells Fargo
San Francisco,
California
| $135K | -$19.1K | -1,200 | -12% |
|
|
9
Bank of America
Charlotte,
North Carolina
| $106K | -$9.52K | -598 | -8% |
|
|
10
Osaic Holdings
Scottsdale,
Arizona
| $89K | +$303 | +19 | +0.3% |
|
11
Royal Bank of Canada
Toronto,
Ontario, Canada
| $47K | – | – | – |
|
12
Citigroup
New York
| $6K | – | – | – |
|
|
13
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$192K | -12,226 | Closed |
|
|
WAM
14
Wolverine Asset Management
Chicago,
Illinois
| – | -$26K | -1,655 | Closed |
|
BQH Hedge Fund Activity: Q3 2020 in Review
12 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in BlackRock New York Municipal Bond Trust (BQH) for Q3 2020, worth a combined $15.6M — up 3.9% from $15M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of BQH and 1 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 4 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $832K. The largest seller was Icon Advisers, cutting an estimated $395K.
- 12 institutional investors held BlackRock New York Municipal Bond Trust (BQH) as of Q3 2020, down from 13 in Q2 2020.
- Funds reported $15.6M of BlackRock New York Municipal Bond Trust stock for Q3 2020, up 3.9% quarter-over-quarter.
- 1 fund opened new BlackRock New York Municipal Bond Trust positions in Q3 2020 and 2 closed out, a net change of -1 holder.
- The largest BlackRock New York Municipal Bond Trust buyer in Q3 2020 was Rivernorth Capital Management, an estimated $832K added.
- The largest BlackRock New York Municipal Bond Trust seller in Q3 2020 was Icon Advisers, an estimated $395K sold.
Based on aggregated 13F filings for Q3 2020.