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BlackRock Municipal 2030 Target Term Trust
BTT

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: 125 → 121 (-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: 2 → 1 (-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
–

Top Buyers

Rank Fund Capital Flow
1
COLIM
City of London Investment Management
United Kingdom
+$5.1M
2
ST
Sentinel Trust
Texas
+$2.02M
3
NMC
Nine Masts Capital
Hong Kong
+$1.15M
4
AAM
Advisors Asset Management
Colorado
+$742K
5
RP
Riverbridge Partners
Minnesota
+$700K

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$34.1M
2
LSC
Logan Stone Capital
Illinois
-$5.36M
3
1CP
1607 Capital Partners
Virginia
-$2.04M
4
AC
Almitas Capital
California
-$1.81M
5
LCM
Landscape Capital Management
New Jersey
-$1.3M
Name Holding Trade Value Shares
Change 		Change in
Stake
MFG
76
Magnus Financial Group
New York
$374K +$53.7K +2,549 +17%
Millennium Management
77
Millennium Management
New York
$371K -$610K -28,981 -62%
IWA
78
Icon Wealth Advisors
Texas
$354K – – –
CAM
79
Cresset Asset Management
Illinois
$353K – – –
TCA
80
Transcend Capital Advisors
New Jersey
$336K – – –
TS
81
Tamar Securities
California
$333K +$147 +7 +0%
Nomura Holdings
82
Nomura Holdings
Japan
$329K -$28.9K -1,370 -8%
PTC
83
Private Trust Company
Ohio
$320K +$1.39K +66 +0.4%
Creative Planning
84
Creative Planning
Kansas
$319K +$7.69K +365 +2%
KAS
85
Kestra Advisory Services
Texas
$317K +$10.6K +505 +3%
MWM
86
MGB Wealth Management
Texas
$279K – – –
EWM
87
Edge Wealth Management
New York
$274K – – –
SAM
88
Smartleaf Asset Management
Massachusetts
$270K – – –
AWM
89
Avior Wealth Management
Nebraska
$268K -$2.13K -101 -0.8%
FPCP
90
Fort Point Capital Partners
California
$257K +$257K +12,193 New
Cambridge Investment Research Advisors
91
Cambridge Investment Research Advisors
Iowa
$244K -$21.8K -1,035 -8%
MWM
92
Melfa Wealth Management
Massachusetts
$243K +$211 +10 +0.1%
TWP
93
Tyche Wealth Partners
Texas
$241K +$316 +15 +0.1%
Cetera Investment Advisers
94
Cetera Investment Advisers
Illinois
$230K +$230K +10,918 New
Mariner
95
Mariner
Kansas
$225K +$225K +10,679 New
HIA
96
Harbor Investment Advisory
Maryland
$224K – – –
CAN
97
Cetera Advisor Networks
California
$223K -$62.4K -2,963 -22%
MML Investors Services
98
MML Investors Services
Massachusetts
$223K -$41.2K -1,958 -16%
WWM
99
Western Wealth Management
Colorado
$217K -$10.5K -500 -5%
HighTower Advisors
100
HighTower Advisors
Illinois
$212K -$3.98K -189 -2%
2 3
4
5 6

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.