BlackRock Municipal 2030 Target Term Trust
68 hedge funds and large institutions have $188M invested in BlackRock Municipal 2030 Target Term Trust in 2016 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 27 increasing their positions, 16 reducing their positions, and 5 closing their positions.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
69% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 16
10% more funds holding
Funds holding: 62 → 68 (+6)
0.07% more ownership
Funds ownership: 12.14% → 12.21% (+0.07%)
9% less capital invested
Capital invested by funds: $207M → $188M (-$19.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
V
Veritable
Wilmington,
Delaware
|
+$1.43M |
| 2 |
SG Americas Securities
New York
|
+$1.08M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$952K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$880K |
| 5 |
LPL Financial
San Diego,
California
|
+$752K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$2.05M |
| 2 |
VanEck Associates
New York
|
-$1.96M |
| 3 |
Morgan Stanley
New York
|
-$1.37M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.31M |
| 5 |
Citigroup
New York
|
-$732K |
BTT Hedge Fund Activity: Q4 2016 in Review
68 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q4 2016, worth a combined $188M — down 9.4% from $207M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new BTT positions and 5 closed out — a net gain of 7 holders — while 27 added to existing stakes and 16 trimmed.
The largest buyer was Veritable, adding an estimated $1.43M. The largest seller was Wells Fargo, cutting an estimated $2.05M.
- 68 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q4 2016, up from 62 in Q3 2016.
- Funds reported $188M of BlackRock Municipal 2030 Target Term Trust stock for Q4 2016, down 9.4% quarter-over-quarter.
- 12 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q4 2016 and 5 closed out, a net change of +7 holders.
- The largest BlackRock Municipal 2030 Target Term Trust buyer in Q4 2016 was Veritable, an estimated $1.43M added.
- The largest BlackRock Municipal 2030 Target Term Trust seller in Q4 2016 was Wells Fargo, an estimated $2.05M sold.
Based on aggregated 13F filings for Q4 2016.