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BlackRock Municipal 2030 Target Term Trust
BTT

115 hedge funds and large institutions have $360M invested in BlackRock Municipal 2030 Target Term Trust in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 43 increasing their positions, 32 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

34% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 32

6% more capital invested

Capital invested by funds: $341M → $360M (+$19.3M)

0.85% more ownership

Funds ownership: 22.76% → 23.61% (+0.85%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

4% less funds holding

Funds holding: 120 → 115 (-5)

14% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 14

Holders
115
Holders Change
-5
Holders Change %
-4.17%
% of All Funds
1.83%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
12
Increased
43
Reduced
32
Closed
14
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
RCM
Rivernorth Capital Management
Florida
+$6.87M
2
Morgan Stanley
Morgan Stanley
New York
+$3.7M
3
KIM
Karpus Investment Management
New York
+$3.56M
4
MGIA
Moneta Group Investment Advisors
Missouri
+$1.84M
5
VanEck Associates
VanEck Associates
New York
+$1.29M

Top Sellers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
-$2.58M
2
WAM
Weiss Asset Management
Massachusetts
-$1.79M
3
XF
XML Financial
Maryland
-$1.47M
4
Rockefeller Capital Management
Rockefeller Capital Management
New York
-$1.23M
5
M&T Bank
M&T Bank
New York
-$971K
Name Holding Trade Value Shares
Change 		Change in
Stake
JCM
26
Jacobi Capital Management
Pennsylvania
$2.31M +$1.17M +53,851 +102%
Ameriprise
27
Ameriprise
Minnesota
$2.07M +$152K +7,027 +8%
ST
28
Sentinel Trust
Texas
$2.06M – – –
MGIA
29
Moneta Group Investment Advisors
Missouri
$1.85M +$1.84M +84,991 New
Janney Montgomery Scott
30
Janney Montgomery Scott
Pennsylvania
$1.8M -$79.1K -3,651 -4%
LA
31
LexAurum Advisors
Kansas
$1.74M -$63.6K -2,935 -4%
LSC
32
Logan Stone Capital
Illinois
$1.69M +$329K +15,180 +24%
Royal Bank of Canada
33
Royal Bank of Canada
Ontario, Canada
$1.62M -$66.3K -3,058 -4%
CHAM
34
Clear Harbor Asset Management
Connecticut
$1.59M +$130K +6,015 +9%
ACMA
35
Arbor Capital Management (Alaska)
Alaska
$1.55M +$35.7K +1,647 +2%
ASN
36
Advisory Services Network
Georgia
$1.55M -$540K -24,938 -26%
Baird Financial Group
37
Baird Financial Group
Wisconsin
$1.4M +$24.3K +1,121 +2%
PA
38
Pinnacle Associates
New York
$1.28M -$3.03K -140 -0.2%
Northwestern Mutual Wealth Management
39
Northwestern Mutual Wealth Management
Wisconsin
$1.2M -$173K -7,978 -13%
Cohen & Steers
40
Cohen & Steers
New York
$1.14M +$1.13M +52,263 New
JFG
41
Jefferies Financial Group
New York
$1.13M – – –
TW
42
TrinityPoint Wealth
Connecticut
$1.09M +$36.5K +1,683 +3%
AIM
43
Anchor Investment Management
South Carolina
$1.06M -$47.6K -2,199 -4%
OIM
44
Oder Investment Management
California
$994K +$25.6K +1,182 +3%
CCWA
45
CLA (CliftonLarsonAllen) Wealth Advisors
Minnesota
$948K +$392K +18,076 +71%
PAG
46
Private Advisor Group
New Jersey
$917K -$58.9K -2,717 -6%
Carson Wealth (CWM LLC)
47
Carson Wealth (CWM LLC)
Nebraska
$743K +$293K +13,500 +65%
PAWA
48
Palo Alto Wealth Advisors
California
$732K -$242K -11,178 -25%
Lido Advisors
49
Lido Advisors
California
$683K +$22 +1 +0%
BCG
50
Breakwater Capital Group
New Jersey
$662K -$122K -5,638 -16%
1
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BTT Hedge Fund Activity: Q1 2023 in Review

115 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q1 2023, worth a combined $360M — up 5.7% from $341M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of BTT and 12 opened new positions — a net loss of 2 holders — while 32 trimmed existing stakes and 43 added.

The largest buyer was Rivernorth Capital Management, adding an estimated $6.87M. The largest seller was Bank of America, cutting an estimated $2.58M.

  • 115 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q1 2023, down from 120 in Q4 2022.
  • Funds reported $360M of BlackRock Municipal 2030 Target Term Trust stock for Q1 2023, up 5.7% quarter-over-quarter.
  • 12 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q1 2023 and 14 closed out, a net change of -2 holders.
  • The largest BlackRock Municipal 2030 Target Term Trust buyer in Q1 2023 was Rivernorth Capital Management, an estimated $6.87M added.
  • The largest BlackRock Municipal 2030 Target Term Trust seller in Q1 2023 was Bank of America, an estimated $2.58M sold.

Based on aggregated 13F filings for Q1 2023.