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BlackRock Municipal 2030 Target Term Trust
BTT

129 hedge funds and large institutions have $551M invested in BlackRock Municipal 2030 Target Term Trust in 2025 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 44 increasing their positions, 40 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% more repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 40

8% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 12

4% more capital invested

Capital invested by funds: $530M → $551M (+$21.1M)

1% less funds holding

Funds holding: 130 → 129 (-1)

2.34% less ownership

Funds ownership: 38.02% → 35.68% (-2.3%)

25% less funds holding in top 10

Funds holding in top 10: 4 → 3 (-1)

Holders
129
Holders Change
-1
Holders Change %
-0.77%
% of All Funds
1.7%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.04%
New
13
Increased
44
Reduced
40
Closed
12
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
KIM
Karpus Investment Management
New York
+$12.2M
2
Pathstone Holdings
Pathstone Holdings
New Jersey
+$10.2M
3
TIM
Tortoise Investment Management
New York
+$2.19M
4
SCM
Saba Capital Management
New York
+$1.58M
5
UBS Group
UBS Group
Switzerland
+$1.28M

Top Sellers

Rank Fund Capital Flow
1
LSC
Logan Stone Capital
Illinois
-$8.67M
2
RCM
Rivernorth Capital Management
Florida
-$5.65M
3
AA
AQR Arbitrage
Connecticut
-$3.25M
4
COLIM
City of London Investment Management
United Kingdom
-$1.9M
5
Bank of America
Bank of America
North Carolina
-$1.83M
Name Holding Trade Value Shares
Change 		Change in
Stake
Cerity Partners
26
Cerity Partners
New York
$3.13M -$10.6K -500 -0.3%
Raymond James Financial
27
Raymond James Financial
Florida
$3.06M +$38.1K +1,793 +1%
ECM
28
Elgethun Capital Management
South Dakota
$2.89M +$3.61K +170 +0.1%
MWM
29
Maltin Wealth Management
New Jersey
$2.84M +$346K +16,273 +14%
Rockefeller Capital Management
30
Rockefeller Capital Management
New York
$2.81M -$386K -18,156 -13%
HC
31
Hara Capital
Washington
$2.64M +$490K +23,063 +24%
SA
32
Scarborough Advisors
Maryland
$2.59M +$15.7K +738 +0.6%
PAS
33
Park Avenue Securities
New York
$2.53M +$422K +19,861 +21%
SPIA
34
Steward Partners Investment Advisory
New York
$2.44M -$69.4K -3,262 -3%
EIA
35
Eldridge Investment Advisors
New Hampshire
$2.36M -$35.5K -1,668 -2%
WW
36
Waterfront Wealth
Kansas
$2.35M -$100K -4,723 -4%
AWA
37
Amplius Wealth Advisors
Pennsylvania
$2.29M -$8.51K -400 -0.4%
MC
38
Matisse Capital
Oregon
$2.21M – – –
WKWM
39
Walter & Keenan Wealth Management
Indiana
$2.03M -$232K -10,935 -11%
DWM
40
Dakota Wealth Management
Florida
$1.95M +$147K +6,900 +8%
Ameriprise
41
Ameriprise
Minnesota
$1.93M -$44.9K -2,112 -2%
Royal Bank of Canada
42
Royal Bank of Canada
Ontario, Canada
$1.78M +$80.9K +3,807 +5%
IC
43
IEQ Capital
California
$1.74M +$688K +32,370 +69%
GP
44
Gridiron Partners
Pennsylvania
$1.66M – – –
Wealth Enhancement Advisory Services
45
Wealth Enhancement Advisory Services
Minnesota
$1.64M +$89.2K +4,197 +6%
AIM
46
Anchor Investment Management
South Carolina
$1.54M +$49.3K +2,321 +3%
AAM
47
Advisors Asset Management
Colorado
$1.5M -$861K -40,475 -37%
Baird Financial Group
48
Baird Financial Group
Wisconsin
$1.34M -$7.46K -351 -0.6%
SWM
49
Seed Wealth Management
Illinois
$1.31M -$65.9K -3,100 -5%
Commonwealth Equity Services
50
Commonwealth Equity Services
Massachusetts
$1.23M -$31K -1,460 -3%
1
2
3 4 5

BTT Hedge Fund Activity: Q2 2025 in Review

129 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q2 2025, worth a combined $551M — up 4% from $530M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new BTT positions and 12 closed out — a net gain of 1 holder — while 44 added to existing stakes and 40 trimmed.

The largest buyer was Karpus Investment Management, adding an estimated $12.2M. The largest seller was Logan Stone Capital, cutting an estimated $8.67M.

  • 129 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q2 2025, down from 130 in Q1 2025.
  • Funds reported $551M of BlackRock Municipal 2030 Target Term Trust stock for Q2 2025, up 4% quarter-over-quarter.
  • 13 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q2 2025 and 12 closed out, a net change of +1 holder.
  • The largest BlackRock Municipal 2030 Target Term Trust buyer in Q2 2025 was Karpus Investment Management, an estimated $12.2M added.
  • The largest BlackRock Municipal 2030 Target Term Trust seller in Q2 2025 was Logan Stone Capital, an estimated $8.67M sold.

Based on aggregated 13F filings for Q2 2025.