The BlackRock Strategic Municipal Trust
BSD
BSD was delisted on the 9th of April, 2021.
31 hedge funds and large institutions have $8.42M invested in The BlackRock Strategic Municipal Trust in 2018 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 1 closing their positions.
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
26% more capital invested
Capital invested by funds: $6.68M → $8.42M (+$1.74M)
24% more funds holding
Funds holding: 25 → 31 (+6)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$645K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$620K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$540K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$363K |
| 5 |
LCM
Laurion Capital Management
New York
|
+$287K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.07M |
| 2 |
LCM
Lucas Capital Management
Red Bank,
New Jersey
|
-$153K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$39.2K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$30.5K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
-$25.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CF
26
Centaurus Financial
Anaheim,
California
| $24K | +$24.1K | +1,910 | New |
|
|
IA
27
IFP Advisors
Tampa,
Florida
| $16K | -$10.5K | -835 | -39% |
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| $16K | -$6.83K | -542 | -30% |
|
|
CAL
29
Capital Analysts LLC
Fort Washington,
Pennsylvania
| $9K | – | – | – |
|
30
Fifth Third Bancorp
Cincinnati,
Ohio
| $5K | – | – | – |
|
31
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $3K | +$2.55K | +202 | New |
|
|
LCM
32
Lucas Capital Management
Red Bank,
New Jersey
| – | -$153K | -12,000 | Closed |
|
BSD Hedge Fund Activity: Q2 2018 in Review
31 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in The BlackRock Strategic Municipal Trust (BSD) for Q2 2018, worth a combined $8.42M — up 26% from $6.68M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BSD positions and 1 closed out — a net gain of 6 holders — while 5 added to existing stakes and 9 trimmed.
The largest buyer was Robinson Capital Management, opening a new position worth an estimated $645K. The largest seller was Guggenheim Capital, cutting an estimated $1.07M.
- 31 institutional investors held The BlackRock Strategic Municipal Trust (BSD) as of Q2 2018, up from 25 in Q1 2018.
- Funds reported $8.42M of The BlackRock Strategic Municipal Trust stock for Q2 2018, up 26% quarter-over-quarter.
- 7 funds opened new The BlackRock Strategic Municipal Trust positions in Q2 2018 and 1 closed out, a net change of +6 holders.
- The largest The BlackRock Strategic Municipal Trust buyer in Q2 2018 was Robinson Capital Management, an estimated $645K added.
- The largest The BlackRock Strategic Municipal Trust seller in Q2 2018 was Guggenheim Capital, an estimated $1.07M sold.
Based on aggregated 13F filings for Q2 2018.