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BlackRock Municipal 2030 Target Term Trust

121 hedge funds and large institutions have $407M invested in BlackRock Municipal 2030 Target Term Trust in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 37 increasing their positions, 44 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.9% less ownership

Funds ownership: 30.31%27.41% (-2.9%)

3% less funds holding

Funds holding: 125121 (-4)

9% less capital invested

Capital invested by funds: $445M → $407M (-$38M)

16% less repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 44

23% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 13

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
121
Holders Change
-4
Holders Change %
-3.2%
% of All Funds
1.74%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.01%
New
10
Increased
37
Reduced
44
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GC
51
Guggenheim Capital
Illinois
$986K +$136K +6,460 +16%
ASN
52
Advisory Services Network
Georgia
$960K -$295K -13,985 -23%
EWA
53
EP Wealth Advisors
California
$954K
IWC
54
Integrated Wealth Concepts
Massachusetts
$914K -$40.5K -1,925 -4%
OIM
55
Oder Investment Management
California
$889K +$21.3K +1,011 +2%
PAG
56
Private Advisor Group
New Jersey
$852K -$9.84K -467 -1%
Janney Montgomery Scott
57
Janney Montgomery Scott
Pennsylvania
$828K -$65K -3,087 -7%
RP
58
Riverbridge Partners
Minnesota
$700K +$700K +33,219 New
MWM
59
Maltin Wealth Management
New Jersey
$695K +$695K +32,989 New
TIM
60
Tortoise Investment Management
New York
$681K
Carson Wealth (CWM LLC)
61
Carson Wealth (CWM LLC)
Nebraska
$650K +$1.09K +52 +0.2%
MGIA
62
Moneta Group Investment Advisors
Missouri
$627K -$439K -20,855 -41%
JFG
63
Jefferies Financial Group
New York
$604K +$115K +5,475 +24%
AHIA
64
Andrew Hill Investment Advisors
Florida
$558K
TW
65
TrinityPoint Wealth
Connecticut
$549K -$25.7K -1,218 -4%
EWA
66
Encompass Wealth Advisors
Oregon
$514K
PNC Financial Services Group
67
PNC Financial Services Group
Pennsylvania
$495K
CAM
68
Covenant Asset Management
New Jersey
$479K
SP
69
Successful Portfolios
Florida
$476K -$21.1K -1,000 -4%
WAM
70
Wolverine Asset Management
Illinois
$447K +$347K +16,467 +345%
OC
71
Oppenheimer & Co
New York
$416K +$12.6K +600 +3%
RJT
72
Raymond James Trust
Florida
$410K
SFWA
73
Summit Financial Wealth Advisors
Louisiana
$409K -$5.26K -250 -1%
SWM
74
Seed Wealth Management
Illinois
$394K -$19K -900 -5%
WAP
75
Wealthcare Advisory Partners
Pennsylvania
$378K +$337 +16 +0.1%

BTT Hedge Fund Activity: Q1 2024 in Review

121 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q1 2024, worth a combined $407M — down 8.5% from $445M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of BTT and 10 opened new positions — a net loss of 3 holders — while 44 trimmed existing stakes and 37 added.

The largest buyer was City of London Investment Management, adding an estimated $5.1M. The largest seller was Morgan Stanley, cutting an estimated $34.1M.

  • 121 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q1 2024, down from 125 in Q4 2023.
  • Funds reported $407M of BlackRock Municipal 2030 Target Term Trust stock for Q1 2024, down 8.5% quarter-over-quarter.
  • 10 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q1 2024 and 13 closed out, a net change of -3 holders.
  • The largest BlackRock Municipal 2030 Target Term Trust buyer in Q1 2024 was City of London Investment Management, an estimated $5.1M added.
  • The largest BlackRock Municipal 2030 Target Term Trust seller in Q1 2024 was Morgan Stanley, an estimated $34.1M sold.

Based on aggregated 13F filings for Q1 2024.