BlackRock Municipal 2030 Target Term Trust
55 hedge funds and large institutions have $194M invested in BlackRock Municipal 2030 Target Term Trust in 2015 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 15 increasing their positions, 18 reducing their positions, and 11 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
6% more funds holding
Funds holding: 52 → 55 (+3)
1% more capital invested
Capital invested by funds: $193M → $194M (+$1.36M)
0.54% more ownership
Funds ownership: 13.03% → 13.57% (+0.54%)
17% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$22.8M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.87M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.69M |
| 4 |
HCM
Harvey Capital Management
Palm Beach,
Florida
|
+$1.2M |
| 5 |
Morgan Stanley
New York
|
+$956K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$8.44M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$6.5M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$3.55M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.49M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.36M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCM
51
Horrell Capital Management
Little Rock,
Arkansas
| $39K | – | – | – |
|
|
AIG
52
American International Group
New York
| $30.4K | – | – | – |
|
53
Fifth Third Bancorp
Cincinnati,
Ohio
| $22K | – | – | – |
|
|
TRCT
54
Tower Research Capital (TRC)
New York
| $12K | +$9.69K | +474 | +376% |
|
|
55
1832 Asset Management
Toronto,
Ontario, Canada
| – | -$8.44M | -401,801 | Closed |
|
|
SIA
56
Sit Investment Associates
Minneapolis,
Minnesota
| – | -$3.55M | -169,300 | Closed |
|
|
DA
57
Doliver Advisors
Houston,
Texas
| – | -$1.36M | -70,133 | Closed |
|
58
HighTower Advisors
Chicago,
Illinois
| – | -$567K | -27,025 | Closed |
|
|
GA
59
Geller Advisors
New York
| – | -$439K | -20,950 | Closed |
|
|
V
60
Veritable
Wilmington,
Delaware
| – | -$418K | -19,915 | Closed |
|
|
SAM
61
Shamrock Asset Management
Dallas,
Texas
| – | -$120K | -5,855 | Closed |
|
|
BBHC
62
Brown Brothers Harriman & Co
New York
| – | -$42K | -2,000 | Closed |
|
63
Group One Trading
Chicago,
Illinois
| – | -$38K | -1,800 | Closed |
|
|
BC
64
Bartlett & Co
Cincinnati,
Ohio
| – | -$17K | -800 | Closed |
|
BTT Hedge Fund Activity: Q2 2015 in Review
55 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q2 2015, worth a combined $194M — up 0.71% from $193M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new BTT positions and 11 closed out — a net gain of 3 holders — while 15 added to existing stakes and 18 trimmed.
The largest buyer was Wells Fargo, adding an estimated $22.8M. The largest seller was 1832 Asset Management, exiting entirely with an estimated $8.44M sold.
- 55 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q2 2015, up from 52 in Q1 2015.
- Funds reported $194M of BlackRock Municipal 2030 Target Term Trust stock for Q2 2015, up 0.71% quarter-over-quarter.
- 14 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q2 2015 and 11 closed out, a net change of +3 holders.
- The largest BlackRock Municipal 2030 Target Term Trust buyer in Q2 2015 was Wells Fargo, an estimated $22.8M added.
- The largest BlackRock Municipal 2030 Target Term Trust seller in Q2 2015 was 1832 Asset Management, an estimated $8.44M sold.
Based on aggregated 13F filings for Q2 2015.