The BlackRock Strategic Municipal Trust
BSD
BSD was delisted on the 9th of April, 2021.
20 hedge funds and large institutions have $9.31M invested in The BlackRock Strategic Municipal Trust in 2019 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 9 increasing their positions, 3 reducing their positions, and 6 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 3
9% less capital invested
Capital invested by funds: $10.2M → $9.31M (-$885K)
26% less funds holding
Funds holding: 27 → 20 (-7)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$400K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$275K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$71.7K |
| 4 |
Cohen & Steers
New York
|
+$65.7K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$58.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.2M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$241K |
| 3 |
PAS
Park Avenue Securities
New York
|
-$235K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$231K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$217K |
BSD Hedge Fund Activity: Q1 2019 in Review
20 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in The BlackRock Strategic Municipal Trust (BSD) for Q1 2019, worth a combined $9.31M — down 8.7% from $10.2M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of BSD and 0 opened new positions — a net loss of 6 holders — while 3 trimmed existing stakes and 9 added.
The largest buyer was Advisors Asset Management, adding an estimated $400K. The largest seller was Robinson Capital Management, exiting entirely with an estimated $1.2M sold.
- 20 institutional investors held The BlackRock Strategic Municipal Trust (BSD) as of Q1 2019, down from 27 in Q4 2018.
- Funds reported $9.31M of The BlackRock Strategic Municipal Trust stock for Q1 2019, down 8.7% quarter-over-quarter.
- 0 funds opened new The BlackRock Strategic Municipal Trust positions in Q1 2019 and 6 closed out, a net change of -6 holders.
- The largest The BlackRock Strategic Municipal Trust buyer in Q1 2019 was Advisors Asset Management, an estimated $400K added.
- The largest The BlackRock Strategic Municipal Trust seller in Q1 2019 was Robinson Capital Management, an estimated $1.2M sold.
Based on aggregated 13F filings for Q1 2019.