The BlackRock Strategic Municipal Trust
BSD
BSD was delisted on the 9th of April, 2021.
20 hedge funds and large institutions have $6.88M invested in The BlackRock Strategic Municipal Trust in 2017 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 5 reducing their positions, and 3 closing their positions.
11% more capital invested
Capital invested by funds: $6.21M → $6.88M (+$672K)
0.52% more ownership
Funds ownership: 6.36% → 6.89% (+0.52%)
0% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 5
5% less funds holding
Funds holding: 21 → 20 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$910K |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$257K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$137K |
| 4 |
Morgan Stanley
New York
|
+$57.2K |
| 5 |
Cohen & Steers
New York
|
+$12.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$225K |
| 2 |
IA
IFP Advisors
Tampa,
Florida
|
-$115K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$37.6K |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$13K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$10.5K |
BSD Hedge Fund Activity: Q4 2017 in Review
20 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in The BlackRock Strategic Municipal Trust (BSD) for Q4 2017, worth a combined $6.88M — up 11% from $6.21M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of BSD and 2 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 5 added.
The largest buyer was Laurion Capital Management, adding an estimated $910K. The largest seller was Guggenheim Capital, cutting an estimated $225K.
- 20 institutional investors held The BlackRock Strategic Municipal Trust (BSD) as of Q4 2017, down from 21 in Q3 2017.
- Funds reported $6.88M of The BlackRock Strategic Municipal Trust stock for Q4 2017, up 11% quarter-over-quarter.
- 2 funds opened new The BlackRock Strategic Municipal Trust positions in Q4 2017 and 3 closed out, a net change of -1 holder.
- The largest The BlackRock Strategic Municipal Trust buyer in Q4 2017 was Laurion Capital Management, an estimated $910K added.
- The largest The BlackRock Strategic Municipal Trust seller in Q4 2017 was Guggenheim Capital, an estimated $225K sold.
Based on aggregated 13F filings for Q4 2017.