The BlackRock Strategic Municipal Trust
BSD
BSD was delisted on the 9th of April, 2021.
27 hedge funds and large institutions have $10.2M invested in The BlackRock Strategic Municipal Trust in 2018 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 14 increasing their positions, 3 reducing their positions, and 4 closing their positions.
367% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 3
16% more capital invested
Capital invested by funds: $8.79M → $10.2M (+$1.4M)
7% less funds holding
Funds holding: 29 → 27 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$851K |
| 2 |
Cohen & Steers
New York
|
+$616K |
| 3 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$549K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$246K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$168K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$541K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$431K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$205K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$48.7K |
| 5 |
Morgan Stanley
New York
|
-$36.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAL
26
Capital Analysts LLC
Fort Washington,
Pennsylvania
| $8K | – | – | – |
|
|
WAM
27
Wolverine Asset Management
Chicago,
Illinois
| $3K | -$431K | -36,066 | -99% |
|
|
GC
28
Guggenheim Capital
Chicago,
Illinois
| – | -$541K | -44,199 | Closed |
|
|
CRC
29
Curi RMB Capital
Chicago,
Illinois
| – | -$205K | -16,759 | Closed |
|
30
US Bancorp
Minneapolis,
Minnesota
| – | -$30K | -2,427 | Closed |
|
31
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$3K | -270 | Closed |
|
BSD Hedge Fund Activity: Q4 2018 in Review
27 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in The BlackRock Strategic Municipal Trust (BSD) for Q4 2018, worth a combined $10.2M — up 16% from $8.79M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of BSD and 2 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 14 added.
The largest buyer was Sit Investment Associates, adding an estimated $851K. The largest seller was Guggenheim Capital, exiting entirely with an estimated $541K sold.
- 27 institutional investors held The BlackRock Strategic Municipal Trust (BSD) as of Q4 2018, down from 29 in Q3 2018.
- Funds reported $10.2M of The BlackRock Strategic Municipal Trust stock for Q4 2018, up 16% quarter-over-quarter.
- 2 funds opened new The BlackRock Strategic Municipal Trust positions in Q4 2018 and 4 closed out, a net change of -2 holders.
- The largest The BlackRock Strategic Municipal Trust buyer in Q4 2018 was Sit Investment Associates, an estimated $851K added.
- The largest The BlackRock Strategic Municipal Trust seller in Q4 2018 was Guggenheim Capital, an estimated $541K sold.
Based on aggregated 13F filings for Q4 2018.