BlackRock Municipal 2030 Target Term Trust
115 hedge funds and large institutions have $336M invested in BlackRock Municipal 2030 Target Term Trust in 2020 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 33 increasing their positions, 28 reducing their positions, and 7 closing their positions.
157% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 7
18% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 28
11% more funds holding
Funds holding: 104 → 115 (+11)
2% more capital invested
Capital invested by funds: $328M → $336M (+$8.09M)
0.05% less ownership
Funds ownership: 18.59% → 18.54% (-0.05%)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCP
Gill Capital Partners
Denver,
Colorado
|
+$1.34M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.34M |
| 3 |
V
Veritable
Wilmington,
Delaware
|
+$1.28M |
| 4 |
NCM
Narwhal Capital Management
Marietta,
Georgia
|
+$1.03M |
| 5 |
HCM
Harvey Capital Management
Palm Beach,
Florida
|
+$965K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCA
Biltmore Capital Advisors
Princeton,
New Jersey
|
-$5.46M |
| 2 |
Cohen & Steers
New York
|
-$1.36M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.23M |
| 4 |
IAP
Indie Asset Partners
Carmel,
Indiana
|
-$1.1M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$822K |
BTT Hedge Fund Activity: Q4 2020 in Review
115 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q4 2020, worth a combined $336M — up 2.5% from $328M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new BTT positions and 7 closed out — a net gain of 11 holders — while 33 added to existing stakes and 28 trimmed.
The largest buyer was Gill Capital Partners, adding an estimated $1.34M. The largest seller was Biltmore Capital Advisors, cutting an estimated $5.46M.
- 115 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q4 2020, up from 104 in Q3 2020.
- Funds reported $336M of BlackRock Municipal 2030 Target Term Trust stock for Q4 2020, up 2.5% quarter-over-quarter.
- 18 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q4 2020 and 7 closed out, a net change of +11 holders.
- The largest BlackRock Municipal 2030 Target Term Trust buyer in Q4 2020 was Gill Capital Partners, an estimated $1.34M added.
- The largest BlackRock Municipal 2030 Target Term Trust seller in Q4 2020 was Biltmore Capital Advisors, an estimated $5.46M sold.
Based on aggregated 13F filings for Q4 2020.