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BlackRock Municipal 2030 Target Term Trust
BTT

118 hedge funds and large institutions have $360M invested in BlackRock Municipal 2030 Target Term Trust in 2023 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 32 increasing their positions, 42 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 1 → 2 (+1)

23% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 13

3% more funds holding

Funds holding: 115 → 118 (+3)

0.95% more ownership

Funds ownership: 23.61% → 24.56% (+0.95%)

0% less capital invested

Capital invested by funds: $360M → $360M (-$260K)

24% less repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 42

Holders
118
Holders Change
+3
Holders Change %
+2.61%
% of All Funds
1.85%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
16
Increased
32
Reduced
42
Closed
13
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
RCM
Rivernorth Capital Management
Florida
+$7.85M
2
Morgan Stanley
Morgan Stanley
New York
+$4.95M
3
MFG
Merit Financial Group
Georgia
+$4.21M
4
KIM
Karpus Investment Management
New York
+$2.55M
5
AAM
Advisors Asset Management
Colorado
+$1.01M

Top Sellers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
-$3.34M
2
XF
XML Financial
Maryland
-$2.25M
3
LSC
Logan Stone Capital
Illinois
-$1.69M
4
CHAM
Clear Harbor Asset Management
Connecticut
-$1.59M
5
WCM
WealthBridge Capital Management
Ohio
-$728K
Name Holding Trade Value Shares
Change 		Change in
Stake
Osaic Holdings
51
Osaic Holdings
Arizona
$558K -$65.3K -3,097 -10%
Millennium Management
52
Millennium Management
New York
$546K +$554K +26,284 New
EWA
53
Encompass Wealth Advisors
Oregon
$507K – – –
CPIG
54
Chicago Partners Investment Group
Illinois
$489K -$74.8K -3,549 -13%
PNC Financial Services Group
55
PNC Financial Services Group
Pennsylvania
$489K -$6.43K -305 -1%
SP
56
Successful Portfolios
Florida
$470K -$4.21K -200 -0.9%
GC
57
Guggenheim Capital
Illinois
$460K +$144K +6,846 +45%
CAM
58
Covenant Asset Management
New Jersey
$454K – – –
SFWA
59
Summit Financial Wealth Advisors
Louisiana
$430K +$5.27K +250 +1%
Susquehanna International Group
60
Susquehanna International Group
Pennsylvania
$428K -$108K -5,116 -20%
IWC
61
Integrated Wealth Concepts
Massachusetts
$414K +$464 +22 +0.1%
HCM
62
Harvey Capital Management
Florida
$407K -$73.7K -3,500 -15%
RJT
63
Raymond James Trust
Florida
$404K +$19.3K +918 +5%
AWM
64
Avior Wealth Management
Nebraska
$388K -$695 -33 -0.2%
MFG
65
Magnus Financial Group
New York
$385K +$148K +7,010 +61%
WAP
66
Wealthcare Advisory Partners
Pennsylvania
$384K +$611 +29 +0.2%
JIC
67
Joel Isaacson & Co
New York
$376K – – –
TCA
68
Transcend Capital Advisors
New Jersey
$372K -$28.4K -1,350 -7%
First Trust Advisors
69
First Trust Advisors
Illinois
$362K -$65.6K -3,114 -15%
Cambridge Investment Research Advisors
70
Cambridge Investment Research Advisors
Iowa
$361K -$86.3K -4,098 -19%
AA
71
AQR Arbitrage
Connecticut
$359K +$364K +17,256 New
CAM
72
Cresset Asset Management
Illinois
$350K +$354K +16,800 New
IWP
73
Icon Wealth Partners
Texas
$350K – – –
OC
74
Oppenheimer & Co
New York
$347K +$352K +16,685 New
TS
75
Tamar Securities
California
$342K +$190 +9 +0.1%
1 2
3
4 5

BTT Hedge Fund Activity: Q2 2023 in Review

118 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q2 2023, worth a combined $360M — down 0.07% from $360M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new BTT positions and 13 closed out — a net gain of 3 holders — while 32 added to existing stakes and 42 trimmed.

The largest buyer was Rivernorth Capital Management, adding an estimated $7.85M. The largest seller was Bank of America, cutting an estimated $3.34M.

  • 118 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q2 2023, up from 115 in Q1 2023.
  • Funds reported $360M of BlackRock Municipal 2030 Target Term Trust stock for Q2 2023, down 0.07% quarter-over-quarter.
  • 16 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q2 2023 and 13 closed out, a net change of +3 holders.
  • The largest BlackRock Municipal 2030 Target Term Trust buyer in Q2 2023 was Rivernorth Capital Management, an estimated $7.85M added.
  • The largest BlackRock Municipal 2030 Target Term Trust seller in Q2 2023 was Bank of America, an estimated $3.34M sold.

Based on aggregated 13F filings for Q2 2023.