We are live on ! Find out more
BTT icon

BlackRock Municipal 2030 Target Term Trust
BTT

130 hedge funds and large institutions have $530M invested in BlackRock Municipal 2030 Target Term Trust in 2025 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 49 increasing their positions, 42 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more funds holding in top 10

Funds holding in top 10: 3 → 4 (+1)

17% more repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 42

6% more capital invested

Capital invested by funds: $497M → $530M (+$32.3M)

1.21% more ownership

Funds ownership: 36.82% → 38.02% (+1.2%)

6% less funds holding

Funds holding: 138 → 130 (-8)

50% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 14

Holders
130
Holders Change
-8
Holders Change %
-5.8%
% of All Funds
1.74%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.05%
New
7
Increased
49
Reduced
42
Closed
14
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Pathstone Holdings
Pathstone Holdings
New Jersey
+$14.5M
2
TIM
Tortoise Investment Management
New York
+$6.08M
3
SCM
Saba Capital Management
New York
+$5.55M
4
KIM
Karpus Investment Management
New York
+$4.22M
5
MSL
Mackay Shields LLC
New York
+$3.43M

Top Sellers

Rank Fund Capital Flow
1
LSC
Logan Stone Capital
Illinois
-$8.66M
2
HC
Hara Capital
Washington
-$2.63M
3
VanEck Associates
VanEck Associates
New York
-$2.19M
4
Cerity Partners
Cerity Partners
New York
-$2.07M
5
NMC
Nine Masts Capital
Hong Kong
-$1.74M
Name Holding Trade Value Shares
Change 		Change in
Stake
MFG
76
Magnus Financial Group
New York
$485K -$1.56K -74 -0.3%
SP
77
Successful Portfolios
Florida
$461K – – –
Northwestern Mutual Wealth Management
78
Northwestern Mutual Wealth Management
Wisconsin
$439K – – –
Carson Wealth (CWM LLC)
79
Carson Wealth (CWM LLC)
Nebraska
$414K -$192K -9,088 -32%
ICMP
80
Integrated Capital Management (Pennsylvania)
Pennsylvania
$407K +$82.9K +3,923 +26%
KPWS
81
Kestra Private Wealth Services
Texas
$401K +$1.52K +72 +0.4%
CAM
82
Covenant Asset Management
New Jersey
$393K -$39.3K -1,860 -9%
TS
83
Tamar Securities
California
$357K +$106 +5 +0%
IWA
84
Icon Wealth Advisors
Texas
$357K – – –
BlackRock
85
BlackRock
New York
$340K +$338K +16,000 New
OC
86
Oppenheimer & Co
New York
$318K +$70.2K +3,319 +28%
RDFA
87
Ritter Daniher Financial Advisory
Ohio
$317K +$215K +10,169 +213%
SAM
88
Smith Asset Management
Florida
$312K – – –
ACA
89
Ackerman Capital Advisors
Texas
$310K -$204K -9,653 -40%
VF
90
Virtu Financial
New York
$298K +$297K +14,028 New
BBPWM
91
Blue Bell Private Wealth Management
Pennsylvania
$291K +$4.23K +200 +1%
SFWA
92
Summit Financial Wealth Advisors
Louisiana
$290K -$46.5K -2,200 -14%
CSP
93
Cary Street Partners
Virginia
$287K – – –
SFS
94
Shaker Financial Services
Virginia
$277K -$3.06K -145 -1%
EWM
95
Edge Wealth Management
New York
$276K – – –
MML Investors Services
96
MML Investors Services
Massachusetts
$270K +$22.3K +1,054 +9%
Cetera Investment Advisers
97
Cetera Investment Advisers
Illinois
$261K +$2.2K +104 +0.9%
WAP
98
Wealthcare Advisory Partners
Pennsylvania
$261K -$109K -5,177 -30%
MWM
99
Melfa Wealth Management
Massachusetts
$246K +$127 +6 +0.1%
Cambridge Investment Research Advisors
100
Cambridge Investment Research Advisors
Iowa
$246K – – –
2 3
4
5 6

BTT Hedge Fund Activity: Q1 2025 in Review

130 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q1 2025, worth a combined $530M — up 6.5% from $497M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of BTT and 7 opened new positions — a net loss of 7 holders — while 42 trimmed existing stakes and 49 added.

The largest buyer was Pathstone Holdings, adding an estimated $14.5M. The largest seller was Logan Stone Capital, cutting an estimated $8.66M.

  • 130 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q1 2025, down from 138 in Q4 2024.
  • Funds reported $530M of BlackRock Municipal 2030 Target Term Trust stock for Q1 2025, up 6.5% quarter-over-quarter.
  • 7 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q1 2025 and 14 closed out, a net change of -7 holders.
  • The largest BlackRock Municipal 2030 Target Term Trust buyer in Q1 2025 was Pathstone Holdings, an estimated $14.5M added.
  • The largest BlackRock Municipal 2030 Target Term Trust seller in Q1 2025 was Logan Stone Capital, an estimated $8.66M sold.

Based on aggregated 13F filings for Q1 2025.