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BlackRock Municipal 2030 Target Term Trust
BTT

141 hedge funds and large institutions have $574M invested in BlackRock Municipal 2030 Target Term Trust in 2025 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 54 increasing their positions, 39 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 39

27% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 11

1% more funds holding

Funds holding: 139 → 141 (+2)

1% more capital invested

Capital invested by funds: $570M → $574M (+$4.49M)

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

2.83% less ownership

Funds ownership: 38.52% → 35.69% (-2.8%)

Holders
141
Holders Change
+2
Holders Change %
+1.44%
% of All Funds
1.71%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.04%
New
14
Increased
54
Reduced
39
Closed
11
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Focus Partners Wealth
Focus Partners Wealth
Massachusetts
+$5.68M
2
KIM
Karpus Investment Management
New York
+$4.75M
3
TIM
Tortoise Investment Management
New York
+$3.12M
4
Allspring Global Investments
Allspring Global Investments
North Carolina
+$1.69M
5
ST
Sentinel Trust
Texas
+$1.6M

Top Sellers

Rank Fund Capital Flow
1
GP
Gridiron Partners
Pennsylvania
-$40.3M
2
Pathstone Holdings
Pathstone Holdings
New Jersey
-$9.64M
3
Kovitz Investment Group Partners
Kovitz Investment Group Partners
Illinois
-$5.97M
4
RCM
Rivernorth Capital Management
Florida
-$3.02M
5
Morgan Stanley
Morgan Stanley
New York
-$1.63M
Name Holding Trade Value Shares
Change 		Change in
Stake
Cohen & Steers
51
Cohen & Steers
New York
$1.14M +$225K +10,000 +25%
TJHA
52
Thomas J. Herzfeld Advisors
Florida
$1.13M +$8.67K +385 +0.8%
IC
53
IEQ Capital
California
$1.08M -$596K -26,477 -36%
WFA
54
Wellspring Financial Advisors
Ohio
$1.06M – – –
SA
55
Sanctuary Advisors
Indiana
$1.05M +$698 +31 +0.1%
PNC Financial Services Group
56
PNC Financial Services Group
Pennsylvania
$1.01M +$279K +12,400 +39%
EWA
57
EP Wealth Advisors
California
$996K +$983K +43,632 New
SMA
58
Seven Mile Advisory
New Jersey
$988K – – –
PAG
59
Private Advisor Group
New Jersey
$987K +$5.07K +225 +0.5%
OIM
60
Oder Investment Management
California
$985K -$14.7K -653 -1%
OC
61
Oppenheimer & Co
New York
$865K +$186K +8,239 +28%
KAS
62
Kestra Advisory Services
Texas
$831K +$170K +7,533 +26%
EPW
63
Evolve Private Wealth
California
$776K +$766K +34,009 New
M&T Bank
64
M&T Bank
New York
$739K +$354K +15,703 +94%
PTC
65
Private Trust Company
Ohio
$700K +$22.5K +1,000 +3%
MML Investors Services
66
MML Investors Services
Massachusetts
$667K +$273K +12,102 +71%
PFA
67
Petra Financial Advisors
Colorado
$652K +$19.4K +860 +3%
IWC
68
Integrated Wealth Concepts
Massachusetts
$647K -$68K -3,018 -10%
Janney Montgomery Scott
69
Janney Montgomery Scott
Pennsylvania
$629K +$203K +9,007 +49%
JFG
70
Jefferies Financial Group
New York
$604K +$11.3K +500 +2%
AHIA
71
Andrew Hill Investment Advisors
Florida
$597K – – –
CEFA
72
Closed-End Fund Advisors
Virginia
$568K +$561K +24,907 New
Invesco
73
Invesco
Georgia
$568K +$560K +24,869 New
EWA
74
Encompass Wealth Advisors
Oregon
$557K – – –
WSFS
75
Wilmington Savings Fund Society
Delaware
$536K – – –
1 2
3
4 5

BTT Hedge Fund Activity: Q4 2025 in Review

141 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q4 2025, worth a combined $574M — up 0.79% from $570M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new BTT positions and 11 closed out — a net gain of 3 holders — while 54 added to existing stakes and 39 trimmed.

The largest buyer was Focus Partners Wealth, opening a new position worth an estimated $5.68M. The largest seller was Gridiron Partners, cutting an estimated $40.3M.

  • 141 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q4 2025, up from 139 in Q3 2025.
  • Funds reported $574M of BlackRock Municipal 2030 Target Term Trust stock for Q4 2025, up 0.79% quarter-over-quarter.
  • 14 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q4 2025 and 11 closed out, a net change of +3 holders.
  • The largest BlackRock Municipal 2030 Target Term Trust buyer in Q4 2025 was Focus Partners Wealth, an estimated $5.68M added.
  • The largest BlackRock Municipal 2030 Target Term Trust seller in Q4 2025 was Gridiron Partners, an estimated $40.3M sold.

Based on aggregated 13F filings for Q4 2025.