The BlackRock Strategic Municipal Trust
BSD
BSD was delisted on the 9th of April, 2021.
24 hedge funds and large institutions have $10.3M invested in The BlackRock Strategic Municipal Trust in 2016 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
4% more funds holding
Funds holding: 23 → 24 (+1)
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
27% less capital invested
Capital invested by funds: $14M → $10.3M (-$3.73M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.02M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$371K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
+$211K |
| 4 |
GC
Grimes & Company
Westborough,
Massachusetts
|
+$196K |
| 5 |
Morgan Stanley
New York
|
+$96.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
-$4.8M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.1M |
| 3 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
-$509K |
| 4 |
LPL Financial
San Diego,
California
|
-$346K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$271K |
BSD Hedge Fund Activity: Q2 2016 in Review
24 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in The BlackRock Strategic Municipal Trust (BSD) for Q2 2016, worth a combined $10.3M — down 27% from $14M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new BSD positions and 4 closed out — a net gain of 1 holder — while 6 added to existing stakes and 6 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $2.02M. The largest seller was Cardan Capital Partners, exiting entirely with an estimated $4.8M sold.
- 24 institutional investors held The BlackRock Strategic Municipal Trust (BSD) as of Q2 2016, up from 23 in Q1 2016.
- Funds reported $10.3M of The BlackRock Strategic Municipal Trust stock for Q2 2016, down 27% quarter-over-quarter.
- 5 funds opened new The BlackRock Strategic Municipal Trust positions in Q2 2016 and 4 closed out, a net change of +1 holder.
- The largest The BlackRock Strategic Municipal Trust buyer in Q2 2016 was Guggenheim Capital, an estimated $2.02M added.
- The largest The BlackRock Strategic Municipal Trust seller in Q2 2016 was Cardan Capital Partners, an estimated $4.8M sold.
Based on aggregated 13F filings for Q2 2016.