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BlackRock Municipal 2030 Target Term Trust
BTT

125 hedge funds and large institutions have $445M invested in BlackRock Municipal 2030 Target Term Trust in 2023 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 37 increasing their positions, 43 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

117% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 12

26% more capital invested

Capital invested by funds: $354M → $445M (+$90.5M)

11% more funds holding

Funds holding: 113 → 125 (+12)

4.39% more ownership

Funds ownership: 25.92% → 30.31% (+4.4%)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

14% less repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 43

Holders
125
Holders Change
+12
Holders Change %
+10.62%
% of All Funds
1.82%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
26
Increased
37
Reduced
43
Closed
12
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$26.2M
2
KIM
Karpus Investment Management
New York
+$12.5M
3
LSC
Logan Stone Capital
Illinois
+$11.8M
4
1CP
1607 Capital Partners
Virginia
+$4.05M
5
COLIM
City of London Investment Management
United Kingdom
+$3.74M

Top Sellers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
-$3.67M
2
GCP
Gill Capital Partners
Colorado
-$2.36M
3
UBS Group
UBS Group
Switzerland
-$1.77M
4
RCM
Robinson Capital Management
Michigan
-$1.36M
5
WCM
WealthBridge Capital Management
Ohio
-$1.26M
Name Holding Trade Value Shares
Change 		Change in
Stake
OC
76
Oppenheimer & Co
New York
$399K -$19.6K -974 -5%
WAP
77
Wealthcare Advisory Partners
Pennsylvania
$373K +$723 +36 +0.2%
Nomura Holdings
78
Nomura Holdings
Japan
$354K +$342K +17,000 New
SWP
79
Stratos Wealth Partners
Ohio
$353K +$76.3K +3,800 +29%
IWA
80
Icon Wealth Advisors
Texas
$350K +$338K +16,825 New
CAM
81
Cresset Asset Management
Illinois
$348K – – –
TCA
82
Transcend Capital Advisors
New Jersey
$332K +$743 +37 +0.2%
TS
83
Tamar Securities
California
$329K +$181 +9 +0.1%
MFG
84
Magnus Financial Group
New York
$317K -$66.3K -3,301 -18%
IC
85
IEQ Capital
California
$316K +$2.97K +148 +1%
PTC
86
Private Trust Company
Ohio
$315K +$2.95K +147 +1%
Creative Planning
87
Creative Planning
Kansas
$308K +$2.21K +110 +0.7%
KAS
88
Kestra Advisory Services
Texas
$303K +$20.3K +1,011 +7%
CAN
89
Cetera Advisor Networks
California
$282K -$22.2K -1,107 -8%
CAPTRUST Financial Advisors
90
CAPTRUST Financial Advisors
North Carolina
$276K – – –
MWM
91
MGB Wealth Management
Texas
$275K +$266K +13,226 New
JWM
92
JGP Wealth Management
Oregon
$271K +$262K +13,023 New
EWM
93
Edge Wealth Management
New York
$270K +$261K +13,000 New
HKAM
94
Horizon Kinetics Asset Management
New York
$269K – – –
SAM
95
Smartleaf Asset Management
Massachusetts
$267K +$259K +12,880 New
AWM
96
Avior Wealth Management
Nebraska
$266K -$42.9K -2,133 -14%
Cambridge Investment Research Advisors
97
Cambridge Investment Research Advisors
Iowa
$262K -$30.3K -1,507 -11%
MML Investors Services
98
MML Investors Services
Massachusetts
$261K +$252K +12,541 New
MWM
99
Melfa Wealth Management
Massachusetts
$240K +$232K +11,546 New
TWP
100
Tyche Wealth Partners
Texas
$238K +$230K +11,427 New
2 3
4
5 6

BTT Hedge Fund Activity: Q4 2023 in Review

125 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q4 2023, worth a combined $445M — up 26% from $354M a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new BTT positions and 12 closed out — a net gain of 14 holders — while 37 added to existing stakes and 43 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $26.2M. The largest seller was Bank of America, cutting an estimated $3.67M.

  • 125 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q4 2023, up from 113 in Q3 2023.
  • Funds reported $445M of BlackRock Municipal 2030 Target Term Trust stock for Q4 2023, up 26% quarter-over-quarter.
  • 26 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q4 2023 and 12 closed out, a net change of +14 holders.
  • The largest BlackRock Municipal 2030 Target Term Trust buyer in Q4 2023 was Morgan Stanley, an estimated $26.2M added.
  • The largest BlackRock Municipal 2030 Target Term Trust seller in Q4 2023 was Bank of America, an estimated $3.67M sold.

Based on aggregated 13F filings for Q4 2023.