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BlackRock Municipal 2030 Target Term Trust
BTT

104 hedge funds and large institutions have $328M invested in BlackRock Municipal 2030 Target Term Trust in 2020 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 33 increasing their positions, 31 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 31

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

1% less funds holding

Funds holding: 105 → 104 (-1)

7% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 14

2.37% less ownership

Funds ownership: 20.96% → 18.59% (-2.4%)

7% less capital invested

Capital invested by funds: $351M → $328M (-$23.4M)

Holders
104
Holders Change
-1
Holders Change %
-0.95%
% of All Funds
2.1%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.06%
New
13
Increased
33
Reduced
31
Closed
14
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
MSL
Mackay Shields LLC
New York
+$30.3M
2
UBS Group
UBS Group
Switzerland
+$3.99M
3
Rockefeller Capital Management
Rockefeller Capital Management
New York
+$1.5M
4
RJA
Raymond James & Associates
Florida
+$1.21M
5
Morgan Stanley
Morgan Stanley
New York
+$1.04M

Top Sellers

Rank Fund Capital Flow
1
Wells Fargo
Wells Fargo
California
-$35.3M
2
BlackRock
BlackRock
New York
-$30.1M
3
RCM
Rivernorth Capital Management
Florida
-$6.34M
4
BCA
Biltmore Capital Advisors
New Jersey
-$4.47M
5
PPA
Parametric Portfolio Associates
Washington
-$3.28M
Name Holding Trade Value Shares
Change 		Change in
Stake
SP
51
Successful Portfolios
Florida
$668K – – –
STA
52
Summit Trail Advisors
New York
$651K -$30.7K -1,246 -5%
HighTower Advisors
53
HighTower Advisors
Illinois
$582K +$765 +31 +0.1%
ST
54
Sentinel Trust
Texas
$570K – – –
HKAM
55
Horizon Kinetics Asset Management
New York
$551K – – –
US Bancorp
56
US Bancorp
Minnesota
$539K +$54.3K +2,200 +11%
CAM
57
Covenant Asset Management
New Jersey
$524K – – –
BCM
58
Breiter Capital Management
Florida
$520K – – –
WAP
59
Wealthcare Advisory Partners
Pennsylvania
$515K – – –
AWA
60
Arete Wealth Advisors
Illinois
$510K +$26K +1,052 +6%
Thrivent Financial for Lutherans
61
Thrivent Financial for Lutherans
Minnesota
$500K – – –
TS
62
Tamar Securities
California
$484K -$46.7K -1,892 -9%
SFWA
63
Summit Financial Wealth Advisors
Louisiana
$472K – – –
IWP
64
Icon Wealth Partners
Texas
$420K – – –
RVPG
65
Relative Value Partners Group
$407K +$25 +1 +0%
Cetera Investment Advisers
66
Cetera Investment Advisers
Illinois
$404K +$399K +16,180 New
Cambridge Investment Research Advisors
67
Cambridge Investment Research Advisors
Iowa
$398K +$52.2K +2,115 +15%
TCA
68
Transcend Capital Advisors
New Jersey
$361K +$356K +14,426 New
COLIM
69
City of London Investment Management
United Kingdom
$357K – – –
Creative Planning
70
Creative Planning
Kansas
$356K -$86.3K -3,500 -20%
FHA
71
First Horizon Advisors
Tennessee
$316K +$312K +12,660 New
WS
72
Wedbush Securities
California
$315K -$3.92K -159 -1%
SCM
73
Schnieders Capital Management
California
$294K – – –
M&T Bank
74
M&T Bank
New York
$286K – – –
BI
75
Bramshill Investments
Florida
$281K +$277K +11,228 New
1 2
3
4 5

BTT Hedge Fund Activity: Q3 2020 in Review

104 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q3 2020, worth a combined $328M — down 6.6% from $351M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of BTT and 13 opened new positions — a net loss of 1 holder — while 31 trimmed existing stakes and 33 added.

The largest buyer was Mackay Shields LLC, adding an estimated $30.3M. The largest seller was Wells Fargo, cutting an estimated $35.3M.

  • 104 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q3 2020, down from 105 in Q2 2020.
  • Funds reported $328M of BlackRock Municipal 2030 Target Term Trust stock for Q3 2020, down 6.6% quarter-over-quarter.
  • 13 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q3 2020 and 14 closed out, a net change of -1 holder.
  • The largest BlackRock Municipal 2030 Target Term Trust buyer in Q3 2020 was Mackay Shields LLC, an estimated $30.3M added.
  • The largest BlackRock Municipal 2030 Target Term Trust seller in Q3 2020 was Wells Fargo, an estimated $35.3M sold.

Based on aggregated 13F filings for Q3 2020.