BlackRock Municipal 2030 Target Term Trust
72 hedge funds and large institutions have $184M invested in BlackRock Municipal 2030 Target Term Trust in 2017 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 34 increasing their positions, 13 reducing their positions, and 6 closing their positions.
162% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 13
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
6% more funds holding
Funds holding: 68 → 72 (+4)
3% more capital invested
Capital invested by funds: $179M → $184M (+$4.66M)
0.52% more ownership
Funds ownership: 10.96% → 11.48% (+0.52%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.96M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$1.38M |
| 3 |
VanEck Associates
New York
|
+$1.11M |
| 4 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
+$877K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$720K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Harvey Capital Management
Palm Beach,
Florida
|
-$1.24M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$874K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$868K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$335K |
| 5 |
V
Veritable
Wilmington,
Delaware
|
-$305K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
76
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$868K | -37,526 | Closed |
|
|
CTC
77
Central Trust Company
Jefferson City,
Missouri
| – | -$46K | -2,000 | Closed |
|
|
NA
78
NewEdge Advisors
New Orleans,
Louisiana
| – | -$23.1K | -1,000 | Closed |
|
|
PFBT
79
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$9K | -400 | Closed |
|
BTT Hedge Fund Activity: Q3 2017 in Review
72 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q3 2017, worth a combined $184M — up 2.6% from $179M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new BTT positions and 6 closed out — a net gain of 5 holders — while 34 added to existing stakes and 13 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.96M. The largest seller was Harvey Capital Management, exiting entirely with an estimated $1.24M sold.
- 72 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q3 2017, up from 68 in Q2 2017.
- Funds reported $184M of BlackRock Municipal 2030 Target Term Trust stock for Q3 2017, up 2.6% quarter-over-quarter.
- 11 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q3 2017 and 6 closed out, a net change of +5 holders.
- The largest BlackRock Municipal 2030 Target Term Trust buyer in Q3 2017 was Morgan Stanley, an estimated $1.96M added.
- The largest BlackRock Municipal 2030 Target Term Trust seller in Q3 2017 was Harvey Capital Management, an estimated $1.24M sold.
Based on aggregated 13F filings for Q3 2017.