BlackRock Municipal 2030 Target Term Trust
114 hedge funds and large institutions have $356M invested in BlackRock Municipal 2030 Target Term Trust in 2021 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 43 increasing their positions, 23 reducing their positions, and 8 closing their positions.
88% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 8
87% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 23
5% more funds holding
Funds holding: 109 → 114 (+5)
5% more capital invested
Capital invested by funds: $340M → $356M (+$15.7M)
0.56% more ownership
Funds ownership: 18.89% → 19.45% (+0.56%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Narwhal Capital Management
Marietta,
Georgia
|
+$2.4M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.27M |
| 3 |
VanEck Associates
New York
|
+$720K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$668K |
| 5 |
Rockefeller Capital Management
New York
|
+$599K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$19.9M |
| 2 |
FFA
First Foundation Advisors
Irvine,
California
|
-$1.76M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$734K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$728K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$688K |
BTT Hedge Fund Activity: Q4 2021 in Review
114 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q4 2021, worth a combined $356M — up 4.6% from $340M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new BTT positions and 8 closed out — a net gain of 7 holders — while 43 added to existing stakes and 23 trimmed.
The largest buyer was Narwhal Capital Management, adding an estimated $2.4M. The largest seller was Wells Fargo, cutting an estimated $19.9M.
- 114 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q4 2021, up from 109 in Q3 2021.
- Funds reported $356M of BlackRock Municipal 2030 Target Term Trust stock for Q4 2021, up 4.6% quarter-over-quarter.
- 15 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q4 2021 and 8 closed out, a net change of +7 holders.
- The largest BlackRock Municipal 2030 Target Term Trust buyer in Q4 2021 was Narwhal Capital Management, an estimated $2.4M added.
- The largest BlackRock Municipal 2030 Target Term Trust seller in Q4 2021 was Wells Fargo, an estimated $19.9M sold.
Based on aggregated 13F filings for Q4 2021.