The BlackRock Strategic Municipal Trust
BSD
BSD was delisted on the 9th of April, 2021.
29 hedge funds and large institutions have $8.79M invested in The BlackRock Strategic Municipal Trust in 2018 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 5 reducing their positions, and 5 closing their positions.
120% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 5
4% more capital invested
Capital invested by funds: $8.42M → $8.79M (+$375K)
6% less funds holding
Funds holding: 31 → 29 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$542K |
| 2 |
Invesco
Atlanta,
Georgia
|
+$350K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$207K |
| 4 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$191K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$117K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$288K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$283K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$223K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$132K |
| 5 |
SEI Investments
Oaks,
Pennsylvania
|
-$72K |
BSD Hedge Fund Activity: Q3 2018 in Review
29 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in The BlackRock Strategic Municipal Trust (BSD) for Q3 2018, worth a combined $8.79M — up 4.5% from $8.42M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BSD and 3 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 11 added.
The largest buyer was Robinson Capital Management, adding an estimated $542K. The largest seller was Laurion Capital Management, exiting entirely with an estimated $288K sold.
- 29 institutional investors held The BlackRock Strategic Municipal Trust (BSD) as of Q3 2018, down from 31 in Q2 2018.
- Funds reported $8.79M of The BlackRock Strategic Municipal Trust stock for Q3 2018, up 4.5% quarter-over-quarter.
- 3 funds opened new The BlackRock Strategic Municipal Trust positions in Q3 2018 and 5 closed out, a net change of -2 holders.
- The largest The BlackRock Strategic Municipal Trust buyer in Q3 2018 was Robinson Capital Management, an estimated $542K added.
- The largest The BlackRock Strategic Municipal Trust seller in Q3 2018 was Laurion Capital Management, an estimated $288K sold.
Based on aggregated 13F filings for Q3 2018.