BlackRock Municipal 2030 Target Term Trust
95 hedge funds and large institutions have $271M invested in BlackRock Municipal 2030 Target Term Trust in 2019 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 37 increasing their positions, 16 reducing their positions, and 14 closing their positions.
131% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 16
14% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 14
4% more capital invested
Capital invested by funds: $261M → $271M (+$10.2M)
0% more funds holding
Funds holding: 95 → 95 (0)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.81% less ownership
Funds ownership: 18.03% → 17.22% (-0.81%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCA
Biltmore Capital Advisors
Princeton,
New Jersey
|
+$10.7M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.7M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.26M |
| 4 |
FFA
First Foundation Advisors
Irvine,
California
|
+$1.04M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$535K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$13M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$2.93M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$2.48M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.4M |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.38M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ZCA
101
Zeke Capital Advisors
Berwyn,
Pennsylvania
| – | -$246K | -12,000 | Closed |
|
|
TSS
102
Two Sigma Securities
New York
| – | -$233K | -11,361 | Closed |
|
103
Citadel Advisors
Miami,
Florida
| – | -$201K | -9,812 | Closed |
|
|
AIC
104
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$69K | -3,347 | Closed |
|
|
QCIG
105
Quad-Cities Investment Group
Davenport,
Iowa
| – | -$33K | -1,600 | Closed |
|
|
NFG
106
Next Financial Group
Houston,
Texas
| – | -$20K | -970 | Closed |
|
|
WANY
107
Wealthspire Advisors (New York)
New York
| – | -$8K | -400 | Closed |
|
108
BlackRock
New York
| – | +$22 | +1 | New |
|
BTT Hedge Fund Activity: Q1 2019 in Review
95 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q1 2019, worth a combined $271M — up 3.9% from $261M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new BTT positions and 14 closed out — a net gain of 2 holders — while 37 added to existing stakes and 16 trimmed.
The largest buyer was Biltmore Capital Advisors, opening a new position worth an estimated $10.7M. The largest seller was Rivernorth Capital Management, cutting an estimated $13M.
- 95 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q1 2019, unchanged from Q4 2018.
- Funds reported $271M of BlackRock Municipal 2030 Target Term Trust stock for Q1 2019, up 3.9% quarter-over-quarter.
- 16 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q1 2019 and 14 closed out, a net change of +2 holders.
- The largest BlackRock Municipal 2030 Target Term Trust buyer in Q1 2019 was Biltmore Capital Advisors, an estimated $10.7M added.
- The largest BlackRock Municipal 2030 Target Term Trust seller in Q1 2019 was Rivernorth Capital Management, an estimated $13M sold.
Based on aggregated 13F filings for Q1 2019.