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BlackRock Municipal 2030 Target Term Trust
BTT

104 hedge funds and large institutions have $328M invested in BlackRock Municipal 2030 Target Term Trust in 2020 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 33 increasing their positions, 31 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 31

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

1% less funds holding

Funds holding: 105 → 104 (-1)

7% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 14

2.37% less ownership

Funds ownership: 20.96% → 18.59% (-2.4%)

7% less capital invested

Capital invested by funds: $351M → $328M (-$23.4M)

Holders
104
Holders Change
-1
Holders Change %
-0.95%
% of All Funds
2.1%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.06%
New
13
Increased
33
Reduced
31
Closed
14
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
MSL
Mackay Shields LLC
New York
+$30.3M
2
UBS Group
UBS Group
Switzerland
+$3.99M
3
Rockefeller Capital Management
Rockefeller Capital Management
New York
+$1.5M
4
RJA
Raymond James & Associates
Florida
+$1.21M
5
Morgan Stanley
Morgan Stanley
New York
+$1.04M

Top Sellers

Rank Fund Capital Flow
1
Wells Fargo
Wells Fargo
California
-$35.3M
2
BlackRock
BlackRock
New York
-$30.1M
3
RCM
Rivernorth Capital Management
Florida
-$6.34M
4
BCA
Biltmore Capital Advisors
New Jersey
-$4.47M
5
PPA
Parametric Portfolio Associates
Washington
-$3.28M
Name Holding Trade Value Shares
Change 		Change in
Stake
APWM
101
Atlas Private Wealth Management
New York
$18K -$13.6K -550 -43%
PNC Financial Services Group
102
PNC Financial Services Group
Pennsylvania
$16K +$15K +610 New
NFSG
103
Newbridge Financial Services Group
Florida
$12K +$12.3K +500 New
SSW
104
Smith Shellnut Wilson
Mississippi
$5K -$120K -4,875 -98%
PFO
105
Pathstone Family Office
New Jersey
$1K -$592 -24 -50%
BlackRock
106
BlackRock
New York
– -$30.1M -1,267,885 Closed
RCM
107
Rivernorth Capital Management
Florida
– -$6.34M -266,719 Closed
HCM
108
Harvey Capital Management
Florida
– -$914K -38,500 Closed
HIMC
109
Heritage Investors Management Corp
Maryland
– -$337K -14,200 Closed
EWM
110
Edge Wealth Management
New York
– -$322K -13,546 Closed
FM
111
Family Management
New York
– -$306K -12,866 Closed
Envestnet Asset Management
112
Envestnet Asset Management
Illinois
– -$280K -11,780 Closed
Mercer Global Advisors
113
Mercer Global Advisors
Colorado
– -$219K -9,210 Closed
CRWM
114
Castle Rock Wealth Management
California
– -$230K -9,200 Closed
FAM
115
Formidable Asset Management
Ohio
– -$203K -8,400 Closed
RIM
116
Rockbridge Investment Management
New York
– -$131K -5,530 Closed
KPW
117
Kore Private Wealth
New York
– -$127K -5,355 Closed
Fidelity Investments
118
Fidelity Investments
Massachusetts
– -$23K -951 Closed
TJHA
119
Thomas J. Herzfeld Advisors
Florida
– -$15K -607 Closed
1 2 3 4
5

BTT Hedge Fund Activity: Q3 2020 in Review

104 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q3 2020, worth a combined $328M — down 6.6% from $351M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of BTT and 13 opened new positions — a net loss of 1 holder — while 31 trimmed existing stakes and 33 added.

The largest buyer was Mackay Shields LLC, adding an estimated $30.3M. The largest seller was Wells Fargo, cutting an estimated $35.3M.

  • 104 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q3 2020, down from 105 in Q2 2020.
  • Funds reported $328M of BlackRock Municipal 2030 Target Term Trust stock for Q3 2020, down 6.6% quarter-over-quarter.
  • 13 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q3 2020 and 14 closed out, a net change of -1 holder.
  • The largest BlackRock Municipal 2030 Target Term Trust buyer in Q3 2020 was Mackay Shields LLC, an estimated $30.3M added.
  • The largest BlackRock Municipal 2030 Target Term Trust seller in Q3 2020 was Wells Fargo, an estimated $35.3M sold.

Based on aggregated 13F filings for Q3 2020.