BlackRock Municipal 2030 Target Term Trust
85 hedge funds and large institutions have $245M invested in BlackRock Municipal 2030 Target Term Trust in 2018 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 31 increasing their positions, 22 reducing their positions, and 10 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 22
19% more capital invested
Capital invested by funds: $206M → $245M (+$39.1M)
1.27% more ownership
Funds ownership: 13.6% → 14.87% (+1.3%)
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
1% less funds holding
Funds holding: 86 → 85 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$13.8M |
| 2 |
NCM
Narwhal Capital Management
Marietta,
Georgia
|
+$2.66M |
| 3 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$1.74M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.39M |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.97M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.93M |
| 3 |
Morgan Stanley
New York
|
-$674K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$665K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$338K |
BTT Hedge Fund Activity: Q3 2018 in Review
85 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q3 2018, worth a combined $245M — up 19% from $206M a quarter earlier.
Fund positioning in BTT was balanced in Q3 2018: 10 funds opened new positions, 10 closed out, 31 added to existing stakes and 22 trimmed.
The largest buyer was Wells Fargo, adding an estimated $13.8M. The largest seller was Rivernorth Capital Management, cutting an estimated $1.97M.
- 85 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q3 2018, down from 86 in Q2 2018.
- Funds reported $245M of BlackRock Municipal 2030 Target Term Trust stock for Q3 2018, up 19% quarter-over-quarter.
- 10 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q3 2018 and 10 closed out, a net change of 0 holders.
- The largest BlackRock Municipal 2030 Target Term Trust buyer in Q3 2018 was Wells Fargo, an estimated $13.8M added.
- The largest BlackRock Municipal 2030 Target Term Trust seller in Q3 2018 was Rivernorth Capital Management, an estimated $1.97M sold.
Based on aggregated 13F filings for Q3 2018.