The BlackRock Strategic Municipal Trust
BSD
BSD was delisted on the 9th of April, 2021.
23 hedge funds and large institutions have $14M invested in The BlackRock Strategic Municipal Trust in 2016 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 3 closing their positions.
49% more capital invested
Capital invested by funds: $9.39M → $14M (+$4.62M)
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
5.05% more ownership
Funds ownership: 9.28% → 14.32% (+5%)
8% less funds holding
Funds holding: 25 → 23 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
+$5.87M |
| 2 |
LPL Financial
San Diego,
California
|
+$252K |
| 3 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$42.8K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$27K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$19.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$275K |
| 2 |
Morgan Stanley
New York
|
-$170K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$163K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$145K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$113K |
BSD Hedge Fund Activity: Q1 2016 in Review
23 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in The BlackRock Strategic Municipal Trust (BSD) for Q1 2016, worth a combined $14M — up 49% from $9.39M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of BSD and 1 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 8 added.
The largest buyer was Cardan Capital Partners, opening a new position worth an estimated $5.87M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $275K sold.
- 23 institutional investors held The BlackRock Strategic Municipal Trust (BSD) as of Q1 2016, down from 25 in Q4 2015.
- Funds reported $14M of The BlackRock Strategic Municipal Trust stock for Q1 2016, up 49% quarter-over-quarter.
- 1 fund opened new The BlackRock Strategic Municipal Trust positions in Q1 2016 and 3 closed out, a net change of -2 holders.
- The largest The BlackRock Strategic Municipal Trust buyer in Q1 2016 was Cardan Capital Partners, an estimated $5.87M added.
- The largest The BlackRock Strategic Municipal Trust seller in Q1 2016 was Laurion Capital Management, an estimated $275K sold.
Based on aggregated 13F filings for Q1 2016.