We are live on ! Find out more
BTT icon

BlackRock Municipal 2030 Target Term Trust
BTT

120 hedge funds and large institutions have $341M invested in BlackRock Municipal 2030 Target Term Trust in 2022 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 34 increasing their positions, 37 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

145% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 11

19% more capital invested

Capital invested by funds: $287M → $341M (+$53.6M)

12% more funds holding

Funds holding: 107 → 120 (+13)

2.96% more ownership

Funds ownership: 19.8% → 22.76% (+3%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

8% less repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 37

Holders
120
Holders Change
+13
Holders Change %
+12.15%
% of All Funds
1.93%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
27
Increased
34
Reduced
37
Closed
11
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
KIM
Karpus Investment Management
New York
+$25.3M
2
RCM
Rivernorth Capital Management
Florida
+$21.4M
3
Cerity Partners
Cerity Partners
New York
+$2.99M
4
MFG
Merit Financial Group
Georgia
+$1.88M
5
HWAM
Hennion & Walsh Asset Management
New Jersey
+$1.8M

Top Sellers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
-$5.94M
2
GP
Geneva Partners
Wisconsin
-$2.59M
3
SIAP
Sterling Investment Advisors (Pennsylvania)
Pennsylvania
-$938K
4
Northwestern Mutual Wealth Management
Northwestern Mutual Wealth Management
Wisconsin
-$910K
5
Stifel Financial
Stifel Financial
Missouri
-$718K
Name Holding Trade Value Shares
Change 		Change in
Stake
ST
26
Sentinel Trust
Texas
$2.02M +$1.71M +81,255 +606%
MFG
27
Merit Financial Group
Georgia
$1.9M +$1.88M +89,170 New
Ameriprise
28
Ameriprise
Minnesota
$1.88M -$41.8K -1,987 -2%
Janney Montgomery Scott
29
Janney Montgomery Scott
Pennsylvania
$1.84M +$15.8K +750 +0.9%
WAM
30
Weiss Asset Management
Massachusetts
$1.79M +$1.77M +83,983 New
LA
31
LexAurum Advisors
Kansas
$1.77M -$11.5K -547 -0.7%
Royal Bank of Canada
32
Royal Bank of Canada
Ontario, Canada
$1.66M -$80.8K -3,844 -5%
Commonwealth Equity Services
33
Commonwealth Equity Services
Massachusetts
$1.59M -$171K -8,131 -10%
ACMA
34
Arbor Capital Management (Alaska)
Alaska
$1.52M -$49.8K -2,366 -3%
CHAM
35
Clear Harbor Asset Management
Connecticut
$1.43M +$725K +34,483 +105%
Northwestern Mutual Wealth Management
36
Northwestern Mutual Wealth Management
Wisconsin
$1.35M -$910K -43,271 -41%
Baird Financial Group
37
Baird Financial Group
Wisconsin
$1.35M -$375K -17,816 -22%
LSC
38
Logan Stone Capital
Illinois
$1.33M +$1.31M +62,462 New
PA
39
Pinnacle Associates
New York
$1.26M +$196K +9,317 +19%
JCM
40
Jacobi Capital Management
Pennsylvania
$1.12M +$170K +8,084 +18%
JFG
41
Jefferies Financial Group
New York
$1.11M +$1.09M +51,913 New
AIM
42
Anchor Investment Management
South Carolina
$1.08M +$25.3K +1,202 +2%
TW
43
TrinityPoint Wealth
Connecticut
$1.03M -$36.8K -1,748 -3%
Osaic Holdings
44
Osaic Holdings
Arizona
$989K -$11.9K -565 -1%
M&T Bank
45
M&T Bank
New York
$971K +$643K +30,600 +204%
PAWA
46
Palo Alto Wealth Advisors
California
$954K +$942K +44,798 New
OIM
47
Oder Investment Management
California
$950K +$80.8K +3,841 +9%
LDFR
48
Lehman & Derafelo Financial Resources
Pennsylvania
$858K -$98.8K -4,696 -10%
BCG
49
Breakwater Capital Group
New Jersey
$769K +$760K +36,125 New
HCM
50
Harvey Capital Management
Florida
$694K – – –
1
2
3 4 5

BTT Hedge Fund Activity: Q4 2022 in Review

120 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q4 2022, worth a combined $341M — up 19% from $287M a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new BTT positions and 11 closed out — a net gain of 16 holders — while 34 added to existing stakes and 37 trimmed.

The largest buyer was Karpus Investment Management, adding an estimated $25.3M. The largest seller was Bank of America, cutting an estimated $5.94M.

  • 120 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q4 2022, up from 107 in Q3 2022.
  • Funds reported $341M of BlackRock Municipal 2030 Target Term Trust stock for Q4 2022, up 19% quarter-over-quarter.
  • 27 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q4 2022 and 11 closed out, a net change of +16 holders.
  • The largest BlackRock Municipal 2030 Target Term Trust buyer in Q4 2022 was Karpus Investment Management, an estimated $25.3M added.
  • The largest BlackRock Municipal 2030 Target Term Trust seller in Q4 2022 was Bank of America, an estimated $5.94M sold.

Based on aggregated 13F filings for Q4 2022.