The BlackRock Strategic Municipal Trust
BSD
BSD was delisted on the 9th of April, 2021.
19 hedge funds and large institutions have $6.47M invested in The BlackRock Strategic Municipal Trust in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 4 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
1.57% less ownership
Funds ownership: 8.45% → 6.89% (-1.6%)
14% less funds holding
Funds holding: 22 → 19 (-3)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
25% less capital invested
Capital invested by funds: $8.67M → $6.47M (-$2.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$199K |
| 2 |
MA
Mutual Advisors
Omaha,
Nebraska
|
+$146K |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$77.3K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$28.8K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$19.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$1.03M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$567K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$314K |
| 4 |
Cohen & Steers
New York
|
-$69K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$58.5K |
BSD Hedge Fund Activity: Q1 2020 in Review
19 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in The BlackRock Strategic Municipal Trust (BSD) for Q1 2020, worth a combined $6.47M — down 25% from $8.67M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of BSD and 3 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 8 added.
The largest buyer was Guggenheim Capital, opening a new position worth an estimated $199K. The largest seller was Fiera Capital (Canada), exiting entirely with an estimated $1.03M sold.
- 19 institutional investors held The BlackRock Strategic Municipal Trust (BSD) as of Q1 2020, down from 22 in Q4 2019.
- Funds reported $6.47M of The BlackRock Strategic Municipal Trust stock for Q1 2020, down 25% quarter-over-quarter.
- 3 funds opened new The BlackRock Strategic Municipal Trust positions in Q1 2020 and 4 closed out, a net change of -1 holder.
- The largest The BlackRock Strategic Municipal Trust buyer in Q1 2020 was Guggenheim Capital, an estimated $199K added.
- The largest The BlackRock Strategic Municipal Trust seller in Q1 2020 was Fiera Capital (Canada), an estimated $1.03M sold.
Based on aggregated 13F filings for Q1 2020.