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BlackRock Municipal 2030 Target Term Trust
BTT

139 hedge funds and large institutions have $570M invested in BlackRock Municipal 2030 Target Term Trust in 2025 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 44 increasing their positions, 48 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

183% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 6

8% more funds holding

Funds holding: 129 → 139 (+10)

2.84% more ownership

Funds ownership: 35.68% → 38.52% (+2.8%)

3% more capital invested

Capital invested by funds: $551M → $570M (+$19M)

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

8% less repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 48

Holders
139
Holders Change
+10
Holders Change %
+7.75%
% of All Funds
1.82%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.04%
New
17
Increased
44
Reduced
48
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
GP
Gridiron Partners
Pennsylvania
+$39.9M
2
KIM
Karpus Investment Management
New York
+$18.2M
3
Pathstone Holdings
Pathstone Holdings
New Jersey
+$3.08M
4
HWAM
Hennion & Walsh Asset Management
New Jersey
+$3.02M
5
Allspring Global Investments
Allspring Global Investments
North Carolina
+$1.75M

Top Sellers

Rank Fund Capital Flow
1
SCM
Saba Capital Management
New York
-$18.3M
2
MSL
Mackay Shields LLC
New York
-$3.2M
3
UBS Group
UBS Group
Switzerland
-$1.22M
4
ST
Sentinel Trust
Texas
-$957K
5
LPL Financial
LPL Financial
California
-$821K
Name Holding Trade Value Shares
Change 		Change in
Stake
ACA
76
Ackerman Capital Advisors
Texas
$453K +$448K +20,158 New
Susquehanna International Group
77
Susquehanna International Group
Pennsylvania
$450K +$4.12K +185 +0.9%
Carson Wealth (CWM LLC)
78
Carson Wealth (CWM LLC)
Nebraska
$438K – – –
KPWS
79
Kestra Private Wealth Services
Texas
$429K +$2.36K +106 +0.6%
LA
80
LexAurum Advisors
Kansas
$424K -$268K -12,046 -39%
AQR Capital Management
81
AQR Capital Management
Connecticut
$416K +$412K +18,539 New
Janney Montgomery Scott
82
Janney Montgomery Scott
Pennsylvania
$416K -$120K -5,381 -22%
ASN
83
Advisory Services Network
Georgia
$416K +$67 +3 +0%
CAM
84
Covenant Asset Management
New Jersey
$415K – – –
MML Investors Services
85
MML Investors Services
Massachusetts
$385K +$45.9K +2,064 +14%
CIA
86
Concurrent Investment Advisors
Florida
$384K +$380K +17,100 New
IWA
87
Icon Wealth Advisors
Texas
$378K – – –
M&T Bank
88
M&T Bank
New York
$375K +$132K +5,937 +55%
AWM
89
Avior Wealth Management
Nebraska
$350K +$7.74K +348 +2%
Bank of Montreal
90
Bank of Montreal
Ontario, Canada
$349K +$346K +15,559 New
RDFA
91
Ritter Daniher Financial Advisory
Ohio
$340K +$2.11K +95 +0.6%
BBPWM
92
Blue Bell Private Wealth Management
Pennsylvania
$338K -$12.2K -550 -4%
LSC
93
Logan Stone Capital
Illinois
$326K -$513K -23,054 -61%
Northwestern Mutual Wealth Management
94
Northwestern Mutual Wealth Management
Wisconsin
$318K -$4.43K -199 -1%
P
95
&Partners
Tennessee
$308K +$55.9K +2,512 +22%
CSP
96
Cary Street Partners
Virginia
$304K – – –
Franklin Resources
97
Franklin Resources
California
$298K +$295K +13,250 New
EWM
98
Edge Wealth Management
New York
$292K – – –
TS
99
Tamar Securities
California
$277K -$55.4K -2,492 -17%
WAP
100
Wealthcare Advisory Partners
Pennsylvania
$276K +$133 +6 +0%
2 3
4
5 6

BTT Hedge Fund Activity: Q3 2025 in Review

139 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q3 2025, worth a combined $570M — up 3.4% from $551M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new BTT positions and 6 closed out — a net gain of 11 holders — while 44 added to existing stakes and 48 trimmed.

The largest buyer was Gridiron Partners, adding an estimated $39.9M. The largest seller was Saba Capital Management, cutting an estimated $18.3M.

  • 139 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q3 2025, up from 129 in Q2 2025.
  • Funds reported $570M of BlackRock Municipal 2030 Target Term Trust stock for Q3 2025, up 3.4% quarter-over-quarter.
  • 17 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q3 2025 and 6 closed out, a net change of +11 holders.
  • The largest BlackRock Municipal 2030 Target Term Trust buyer in Q3 2025 was Gridiron Partners, an estimated $39.9M added.
  • The largest BlackRock Municipal 2030 Target Term Trust seller in Q3 2025 was Saba Capital Management, an estimated $18.3M sold.

Based on aggregated 13F filings for Q3 2025.