The BlackRock Strategic Municipal Trust
BSD
BSD was delisted on the 9th of April, 2021.
25 hedge funds and large institutions have $7.08M invested in The BlackRock Strategic Municipal Trust in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 5 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
17% more capital invested
Capital invested by funds: $6.05M → $7.08M (+$1.03M)
4% less funds holding
Funds holding: 26 → 25 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$891K |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$454K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$261K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$215K |
| 5 |
Morgan Stanley
New York
|
+$165K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$766K |
| 2 |
RIM
Regent Investment Management
Louisville,
Kentucky
|
-$137K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$72.1K |
| 4 |
NFG
Next Financial Group
Houston,
Texas
|
-$26K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$9.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RIM
26
Regent Investment Management
Louisville,
Kentucky
| – | -$137K | -10,132 | Closed |
|
|
NFG
27
Next Financial Group
Houston,
Texas
| – | -$26K | -1,960 | Closed |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| – | -$4K | -297 | Closed |
|
29
Barclays
London,
United Kingdom
| – | -$1K | -111 | Closed |
|
|
GSC
30
Ground Swell Capital
Folly Beach,
South Carolina
| – | -$1K | -108 | Closed |
|
BSD Hedge Fund Activity: Q3 2014 in Review
25 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in The BlackRock Strategic Municipal Trust (BSD) for Q3 2014, worth a combined $7.08M — up 17% from $6.05M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BSD and 4 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 6 added.
The largest buyer was Sit Investment Associates, opening a new position worth an estimated $891K. The largest seller was Advisors Asset Management, cutting an estimated $766K.
- 25 institutional investors held The BlackRock Strategic Municipal Trust (BSD) as of Q3 2014, down from 26 in Q2 2014.
- Funds reported $7.08M of The BlackRock Strategic Municipal Trust stock for Q3 2014, up 17% quarter-over-quarter.
- 4 funds opened new The BlackRock Strategic Municipal Trust positions in Q3 2014 and 5 closed out, a net change of -1 holder.
- The largest The BlackRock Strategic Municipal Trust buyer in Q3 2014 was Sit Investment Associates, an estimated $891K added.
- The largest The BlackRock Strategic Municipal Trust seller in Q3 2014 was Advisors Asset Management, an estimated $766K sold.
Based on aggregated 13F filings for Q3 2014.