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BlackRock Municipal 2030 Target Term Trust
BTT

115 hedge funds and large institutions have $360M invested in BlackRock Municipal 2030 Target Term Trust in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 43 increasing their positions, 32 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

34% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 32

6% more capital invested

Capital invested by funds: $341M → $360M (+$19.3M)

0.85% more ownership

Funds ownership: 22.76% → 23.61% (+0.85%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

4% less funds holding

Funds holding: 120 → 115 (-5)

14% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 14

Holders
115
Holders Change
-5
Holders Change %
-4.17%
% of All Funds
1.83%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
12
Increased
43
Reduced
32
Closed
14
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
RCM
Rivernorth Capital Management
Florida
+$6.87M
2
Morgan Stanley
Morgan Stanley
New York
+$3.7M
3
KIM
Karpus Investment Management
New York
+$3.56M
4
MGIA
Moneta Group Investment Advisors
Missouri
+$1.84M
5
VanEck Associates
VanEck Associates
New York
+$1.29M

Top Sellers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
-$2.58M
2
WAM
Weiss Asset Management
Massachusetts
-$1.79M
3
XF
XML Financial
Maryland
-$1.47M
4
Rockefeller Capital Management
Rockefeller Capital Management
New York
-$1.23M
5
M&T Bank
M&T Bank
New York
-$971K
Name Holding Trade Value Shares
Change 		Change in
Stake
HNB
101
Huntington National Bank
Ohio
$105K +$15.2K +700 +17%
PA
102
Parallel Advisors
California
$102K +$455 +21 +0.5%
BI
103
Bramshill Investments
Florida
$101K -$45.7K -2,107 -31%
MA
104
Montag & Associates
Georgia
$47.9K – – –
JP Morgan Chase
105
JP Morgan Chase
New York
$39.2K +$3.68K +170 +10%
CCP
106
Carmel Capital Partners
California
$36.9K +$36.8K +1,700 New
Fifth Third Bancorp
107
Fifth Third Bancorp
Ohio
$29.3K +$13K +600 +80%
NA
108
NewEdge Advisors
Louisiana
$29.3K – – –
KFI
109
Key Financial Inc
Pennsylvania
$25.3K – – –
AF
110
Advisornet Financial
Minnesota
$18.5K +$18.4K +850 New
MHR
111
Matthew Hamilton Rosenberg
$16.3K – – –
FIA
112
FNY Investment Advisers
New York
$13K +$13K +600 New
BAM
113
Belpointe Asset Management
Nevada
$11.9K – – –
BONH
114
Bank of New Hampshire
New Hampshire
$10.9K – – –
Commonwealth Equity Services
115
Commonwealth Equity Services
Massachusetts
$1.56K -$61.6K -2,844 -4%
Wells Fargo
116
Wells Fargo
California
$5 -$217K -10,003 Closed
WAM
117
Weiss Asset Management
Massachusetts
– -$1.79M -83,983 Closed
M&T Bank
118
M&T Bank
New York
– -$971K -45,600 Closed
AFS
119
Access Financial Services
Minnesota
– -$321K -15,076 Closed
AA
120
AQR Arbitrage
Connecticut
– -$259K -12,160 Closed
PSCM
121
Per Stirling Capital Management
Texas
– -$246K -11,554 Closed
WAM
122
Wolverine Asset Management
Illinois
– -$92.4K -4,338 Closed
USCWA
123
U.S. Capital Wealth Advisors
Texas
– -$85.2K -4,000 Closed
LWP
124
Laurel Wealth Planning
Minnesota
– -$34.1K -1,600 Closed
MS
125
Madden Securities
Texas
– -$21.3K -1,000 Closed
2 3 4
5
6

BTT Hedge Fund Activity: Q1 2023 in Review

115 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q1 2023, worth a combined $360M — up 5.7% from $341M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of BTT and 12 opened new positions — a net loss of 2 holders — while 32 trimmed existing stakes and 43 added.

The largest buyer was Rivernorth Capital Management, adding an estimated $6.87M. The largest seller was Bank of America, cutting an estimated $2.58M.

  • 115 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q1 2023, down from 120 in Q4 2022.
  • Funds reported $360M of BlackRock Municipal 2030 Target Term Trust stock for Q1 2023, up 5.7% quarter-over-quarter.
  • 12 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q1 2023 and 14 closed out, a net change of -2 holders.
  • The largest BlackRock Municipal 2030 Target Term Trust buyer in Q1 2023 was Rivernorth Capital Management, an estimated $6.87M added.
  • The largest BlackRock Municipal 2030 Target Term Trust seller in Q1 2023 was Bank of America, an estimated $2.58M sold.

Based on aggregated 13F filings for Q1 2023.