BlackRock Municipal 2030 Target Term Trust
60 hedge funds and large institutions have $209M invested in BlackRock Municipal 2030 Target Term Trust in 2016 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 20 increasing their positions, 17 reducing their positions, and 5 closing their positions.
160% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 5
18% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 17
15% more funds holding
Funds holding: 52 → 60 (+8)
4% more capital invested
Capital invested by funds: $200M → $209M (+$8.91M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.12% less ownership
Funds ownership: 12.38% → 12.26% (-0.12%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
V
Veritable
Wilmington,
Delaware
|
+$5.42M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.66M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$759K |
| 4 |
VanEck Associates
New York
|
+$670K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$507K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$8.83M |
| 2 |
LPL Financial
San Diego,
California
|
-$2.9M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$921K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$689K |
| 5 |
Citigroup
New York
|
-$430K |
BTT Hedge Fund Activity: Q2 2016 in Review
60 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q2 2016, worth a combined $209M — up 4.5% from $200M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BTT positions and 5 closed out — a net gain of 8 holders — while 20 added to existing stakes and 17 trimmed.
The largest buyer was Veritable, opening a new position worth an estimated $5.42M. The largest seller was Wells Fargo, cutting an estimated $8.83M.
- 60 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q2 2016, up from 52 in Q1 2016.
- Funds reported $209M of BlackRock Municipal 2030 Target Term Trust stock for Q2 2016, up 4.5% quarter-over-quarter.
- 13 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q2 2016 and 5 closed out, a net change of +8 holders.
- The largest BlackRock Municipal 2030 Target Term Trust buyer in Q2 2016 was Veritable, an estimated $5.42M added.
- The largest BlackRock Municipal 2030 Target Term Trust seller in Q2 2016 was Wells Fargo, an estimated $8.83M sold.
Based on aggregated 13F filings for Q2 2016.