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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
GC
76
Guggenheim Capital
Illinois
$270K -$19.5K -790 -7%
HIA
77
Harbor Investment Advisory
Maryland
$265K – – –
1SB
78
1ST Source Bank
Indiana
$255K – – –
MML Investors Services
79
MML Investors Services
Massachusetts
$231K -$37.3K -1,512 -14%
KPWS
80
Kestra Private Wealth Services
Texas
$207K +$205K +8,295 New
WWM
81
Western Wealth Management
Colorado
$203K +$200K +8,120 New
Carson Wealth (CWM LLC)
82
Carson Wealth (CWM LLC)
Nebraska
$202K – – –
TIM
83
Tortoise Investment Management
New York
$142K -$69.7K -2,825 -33%
EP
84
Eudaimonia Partners
Tennessee
$134K -$73.3K -2,972 -36%
EW
85
Evoke Wealth
California
$100K – – –
M
86
MOTCO
Texas
$81K +$80.2K +3,250 New
APA
87
American Portfolios Advisors
New York
$80K – – –
Northwestern Mutual Wealth Management
88
Northwestern Mutual Wealth Management
Wisconsin
$79K -$4.93K -200 -6%
GWM
89
Geneos Wealth Management
Colorado
$64K +$395 +16 +0.6%
CHC
90
City Holding Co
West Virginia
$56K – – –
CCM
91
Covington Capital Management
California
$56K – – –
CHAM
92
Clear Harbor Asset Management
Connecticut
$50.7K +$50K +2,028 New
CSPIA
93
Cary Street Partners Investment Advisory
Virginia
$50K +$49.3K +2,000 New
IRC
94
Investors Research Corp
Georgia
$25K – – –
LF
95
Lee Financial
Texas
$25K – – –
NFG
96
Next Financial Group
Texas
$24K +$23.9K +970 New
ANBT
97
American National Bank & Trust
Texas
$20K – – –
FHA
98
Flagship Harbor Advisors
Massachusetts
$20K – – –
Fifth Third Bancorp
99
Fifth Third Bancorp
Ohio
$19K – – –
MHR
100
Matthew Hamilton Rosenberg
$19K – – –
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.