BlackRock Municipal 2030 Target Term Trust
113 hedge funds and large institutions have $354M invested in BlackRock Municipal 2030 Target Term Trust in 2023 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 35 increasing their positions, 39 reducing their positions, and 18 closing their positions.
1.36% more ownership
Funds ownership: 24.56% → 25.92% (+1.4%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less capital invested
Capital invested by funds: $360M → $354M (-$5.72M)
4% less funds holding
Funds holding: 118 → 113 (-5)
10% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 39
28% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$7.29M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$6.37M |
| 3 |
PFO
Pathstone Family Office
Englewood,
New Jersey
|
+$4.48M |
| 4 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
+$4.15M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$3.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.14M |
| 2 |
Cohen & Steers
New York
|
-$1.55M |
| 3 |
ACMA
Arbor Capital Management (Alaska)
Anchorage,
Alaska
|
-$1.5M |
| 4 |
WCM
WealthBridge Capital Management
Westerville,
Ohio
|
-$1.37M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.25M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PMFA
126
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$62.3K | -3,000 | Closed |
|
|
LIA
127
Luken Investment Analytics
Brentwood,
Tennessee
| – | -$29.8K | -1,434 | Closed |
|
|
FMTCOCP
128
Farmers & Merchants Trust Co of Chambersburg PA
Chambersburg,
Pennsylvania
| – | -$21K | -1,000 | Closed |
|
|
AF
129
Advisornet Financial
Minnetonka,
Minnesota
| – | -$17.7K | -850 | Closed |
|
|
EC
130
Elequin Capital
New York
| – | -$10.4K | -500 | Closed |
|
131
BlackRock
New York
| – | -$21 | -1 | Closed |
|
BTT Hedge Fund Activity: Q3 2023 in Review
113 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q3 2023, worth a combined $354M — down 1.6% from $360M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of BTT and 13 opened new positions — a net loss of 5 holders — while 39 trimmed existing stakes and 35 added.
The largest buyer was Karpus Investment Management, adding an estimated $7.29M. The largest seller was Morgan Stanley, cutting an estimated $5.14M.
- 113 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q3 2023, down from 118 in Q2 2023.
- Funds reported $354M of BlackRock Municipal 2030 Target Term Trust stock for Q3 2023, down 1.6% quarter-over-quarter.
- 13 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q3 2023 and 18 closed out, a net change of -5 holders.
- The largest BlackRock Municipal 2030 Target Term Trust buyer in Q3 2023 was Karpus Investment Management, an estimated $7.29M added.
- The largest BlackRock Municipal 2030 Target Term Trust seller in Q3 2023 was Morgan Stanley, an estimated $5.14M sold.
Based on aggregated 13F filings for Q3 2023.