The BlackRock Strategic Municipal Trust
BSD
BSD was delisted on the 9th of April, 2021.
24 hedge funds and large institutions have $8.56M invested in The BlackRock Strategic Municipal Trust in 2016 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 9 reducing their positions, and 5 closing their positions.
11% less funds holding
Funds holding: 27 → 24 (-3)
13% less capital invested
Capital invested by funds: $9.83M → $8.56M (-$1.26M)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
56% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$728K |
| 2 |
Cohen & Steers
New York
|
+$305K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$199K |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
+$55.3K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$28.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$952K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$166K |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$138K |
| 4 |
LPL Financial
San Diego,
California
|
-$77.5K |
| 5 |
FNBT
FineMark National Bank & Trust
Fort Myers,
Florida
|
-$49.7K |
BSD Hedge Fund Activity: Q4 2016 in Review
24 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in The BlackRock Strategic Municipal Trust (BSD) for Q4 2016, worth a combined $8.56M — down 13% from $9.83M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BSD and 4 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 4 added.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $728K. The largest seller was Fiera Capital (Canada), exiting entirely with an estimated $952K sold.
- 24 institutional investors held The BlackRock Strategic Municipal Trust (BSD) as of Q4 2016, down from 27 in Q3 2016.
- Funds reported $8.56M of The BlackRock Strategic Municipal Trust stock for Q4 2016, down 13% quarter-over-quarter.
- 4 funds opened new The BlackRock Strategic Municipal Trust positions in Q4 2016 and 5 closed out, a net change of -1 holder.
- The largest The BlackRock Strategic Municipal Trust buyer in Q4 2016 was Laurion Capital Management, an estimated $728K added.
- The largest The BlackRock Strategic Municipal Trust seller in Q4 2016 was Fiera Capital (Canada), an estimated $952K sold.
Based on aggregated 13F filings for Q4 2016.