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BlackRock Municipal 2030 Target Term Trust

121 hedge funds and large institutions have $407M invested in BlackRock Municipal 2030 Target Term Trust in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 37 increasing their positions, 44 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.9% less ownership

Funds ownership: 30.31%27.41% (-2.9%)

3% less funds holding

Funds holding: 125121 (-4)

9% less capital invested

Capital invested by funds: $445M → $407M (-$38M)

16% less repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 44

23% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 13

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
121
Holders Change
-4
Holders Change %
-3.2%
% of All Funds
1.74%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.01%
New
10
Increased
37
Reduced
44
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
US Bancorp
101
US Bancorp
Minnesota
$210K -$7.35K -349 -3%
Comerica Bank
102
Comerica Bank
Texas
$202K +$126 +6 +0.1%
IW
103
Imprint Wealth
South Carolina
$201K +$203K +9,650 New
Osaic Holdings
104
Osaic Holdings
Arizona
$167K -$46.8K -2,221 -22%
Bessemer Group
105
Bessemer Group
New Jersey
$129K
CT
106
Colonial Trust
South Carolina
$105K
Northwestern Mutual Wealth Management
107
Northwestern Mutual Wealth Management
Wisconsin
$105K -$95.2K -4,522 -48%
PA
108
Parallel Advisors
California
$90.7K +$400 +19 +0.4%
RIL
109
Rothschild Investment LLC
Illinois
$84.2K
RDFA
110
Ritter Daniher Financial Advisory
Ohio
$53.1K +$337 +16 +0.6%
MA
111
Montag & Associates
Georgia
$46.4K
CA
112
Crewe Advisors
Utah
$42.1K
LC
113
Lindbrook Capital
California
$42.1K +$21.1K +1,000 +100%
CA
114
CoreCap Advisors
Michigan
$42.1K +$42.1K +2,000 New
HNB
115
Huntington National Bank
Ohio
$31.6K
NA
116
NewEdge Advisors
Louisiana
$27.7K
MHR
117
Matthew Hamilton Rosenberg
$15.6K
BONH
118
Bank of New Hampshire
New Hampshire
$10.5K
RG
119
Retirement Group
California
$1.39K
TRCT
120
Tower Research Capital (TRC)
New York
$126 +$126 +6 New
Wells Fargo
121
Wells Fargo
California
$112 -$11.8K -560 -99%
FIA
122
FNY Investment Advisers
New York
$12 +$12.6K +600 New
AC
123
Almitas Capital
California
-$1.81M -87,115 Closed
WAM
124
Weiss Asset Management
Massachusetts
-$1.24M -59,395 Closed
VF
125
Virtu Financial
New York
-$574K -27,619 Closed

BTT Hedge Fund Activity: Q1 2024 in Review

121 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q1 2024, worth a combined $407M — down 8.5% from $445M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of BTT and 10 opened new positions — a net loss of 3 holders — while 44 trimmed existing stakes and 37 added.

The largest buyer was City of London Investment Management, adding an estimated $5.1M. The largest seller was Morgan Stanley, cutting an estimated $34.1M.

  • 121 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q1 2024, down from 125 in Q4 2023.
  • Funds reported $407M of BlackRock Municipal 2030 Target Term Trust stock for Q1 2024, down 8.5% quarter-over-quarter.
  • 10 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q1 2024 and 13 closed out, a net change of -3 holders.
  • The largest BlackRock Municipal 2030 Target Term Trust buyer in Q1 2024 was City of London Investment Management, an estimated $5.1M added.
  • The largest BlackRock Municipal 2030 Target Term Trust seller in Q1 2024 was Morgan Stanley, an estimated $34.1M sold.

Based on aggregated 13F filings for Q1 2024.