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BlackRock Municipal 2030 Target Term Trust
BTT

129 hedge funds and large institutions have $551M invested in BlackRock Municipal 2030 Target Term Trust in 2025 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 44 increasing their positions, 40 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% more repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 40

8% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 12

4% more capital invested

Capital invested by funds: $530M → $551M (+$21.1M)

1% less funds holding

Funds holding: 130 → 129 (-1)

2.34% less ownership

Funds ownership: 38.02% → 35.68% (-2.3%)

25% less funds holding in top 10

Funds holding in top 10: 4 → 3 (-1)

Holders
129
Holders Change
-1
Holders Change %
-0.77%
% of All Funds
1.7%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.04%
New
13
Increased
44
Reduced
40
Closed
12
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
KIM
Karpus Investment Management
New York
+$12.2M
2
Pathstone Holdings
Pathstone Holdings
New Jersey
+$10.2M
3
TIM
Tortoise Investment Management
New York
+$2.19M
4
SCM
Saba Capital Management
New York
+$1.58M
5
UBS Group
UBS Group
Switzerland
+$1.28M

Top Sellers

Rank Fund Capital Flow
1
LSC
Logan Stone Capital
Illinois
-$8.67M
2
RCM
Rivernorth Capital Management
Florida
-$5.65M
3
AA
AQR Arbitrage
Connecticut
-$3.25M
4
COLIM
City of London Investment Management
United Kingdom
-$1.9M
5
Bank of America
Bank of America
North Carolina
-$1.83M
Name Holding Trade Value Shares
Change 		Change in
Stake
Susquehanna International Group
76
Susquehanna International Group
Pennsylvania
$435K +$422K +19,865 New
Carson Wealth (CWM LLC)
77
Carson Wealth (CWM LLC)
Nebraska
$427K – – –
KPWS
78
Kestra Private Wealth Services
Texas
$416K +$2.34K +110 +0.6%
ASN
79
Advisory Services Network
Georgia
$410K -$92.6K -4,353 -19%
CAM
80
Covenant Asset Management
New Jersey
$405K – – –
IWA
81
Icon Wealth Advisors
Texas
$368K – – –
BBPWM
82
Blue Bell Private Wealth Management
Pennsylvania
$341K +$40.4K +1,900 +14%
AWM
83
Avior Wealth Management
Nebraska
$334K -$320K -15,059 -50%
MML Investors Services
84
MML Investors Services
Massachusetts
$330K +$50.1K +2,355 +19%
RDFA
85
Ritter Daniher Financial Advisory
Ohio
$329K +$2.08K +98 +0.7%
TS
86
Tamar Securities
California
$325K -$42.4K -1,992 -12%
SAM
87
Smith Asset Management
Florida
$322K – – –
Northwestern Mutual Wealth Management
88
Northwestern Mutual Wealth Management
Wisconsin
$314K -$134K -6,300 -30%
SFWA
89
Summit Financial Wealth Advisors
Louisiana
$299K – – –
CSP
90
Cary Street Partners
Virginia
$296K – – –
ACP
91
Aviance Capital Partners
Florida
$295K +$49.2K +2,314 +21%
EWM
92
Edge Wealth Management
New York
$285K – – –
WFA
93
Wellspring Financial Advisors
Ohio
$285K +$277K +13,033 New
WAP
94
Wealthcare Advisory Partners
Pennsylvania
$269K +$149 +7 +0.1%
TWP
95
Tyche Wealth Partners
Texas
$253K +$510 +24 +0.2%
Cambridge Investment Research Advisors
96
Cambridge Investment Research Advisors
Iowa
$253K – – –
MWM
97
Melfa Wealth Management
Massachusetts
$252K -$2.15K -101 -0.9%
HIA
98
Harbor Investment Advisory
Maryland
$251K – – –
Cetera Investment Advisers
99
Cetera Investment Advisers
Illinois
$249K -$18.9K -890 -7%
P
100
&Partners
Tennessee
$245K +$29.6K +1,393 +14%
2 3
4
5 6

BTT Hedge Fund Activity: Q2 2025 in Review

129 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q2 2025, worth a combined $551M — up 4% from $530M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new BTT positions and 12 closed out — a net gain of 1 holder — while 44 added to existing stakes and 40 trimmed.

The largest buyer was Karpus Investment Management, adding an estimated $12.2M. The largest seller was Logan Stone Capital, cutting an estimated $8.67M.

  • 129 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q2 2025, down from 130 in Q1 2025.
  • Funds reported $551M of BlackRock Municipal 2030 Target Term Trust stock for Q2 2025, up 4% quarter-over-quarter.
  • 13 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q2 2025 and 12 closed out, a net change of +1 holder.
  • The largest BlackRock Municipal 2030 Target Term Trust buyer in Q2 2025 was Karpus Investment Management, an estimated $12.2M added.
  • The largest BlackRock Municipal 2030 Target Term Trust seller in Q2 2025 was Logan Stone Capital, an estimated $8.67M sold.

Based on aggregated 13F filings for Q2 2025.