BlackRock Municipal 2030 Target Term Trust
125 hedge funds and large institutions have $445M invested in BlackRock Municipal 2030 Target Term Trust in 2023 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 37 increasing their positions, 43 reducing their positions, and 12 closing their positions.
117% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 12
26% more capital invested
Capital invested by funds: $354M → $445M (+$90.5M)
11% more funds holding
Funds holding: 113 → 125 (+12)
4.39% more ownership
Funds ownership: 25.92% → 30.31% (+4.4%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
14% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$26.2M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$12.5M |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$11.8M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$4.05M |
| 5 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$3.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$3.67M |
| 2 |
GCP
Gill Capital Partners
Denver,
Colorado
|
-$2.36M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.77M |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.36M |
| 5 |
WCM
WealthBridge Capital Management
Westerville,
Ohio
|
-$1.26M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RG
126
Retirement Group
San Diego,
California
| $1.37K | +$1.33K | +66 | New |
|
|
RCM
127
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| – | -$1.36M | -70,029 | Closed |
|
128
Citadel Advisors
Miami,
Florida
| – | -$932K | -48,027 | Closed |
|
|
PAWA
129
Palo Alto Wealth Advisors
Palo Alto,
California
| – | -$572K | -29,380 | Closed |
|
|
JIC
130
Joel Isaacson & Co
New York
| – | -$351K | -18,094 | Closed |
|
131
First Trust Advisors
Wheaton,
Illinois
| – | -$274K | -14,140 | Closed |
|
|
CFGSD
132
Compass Financial Group (South Dakota)
Sioux Falls,
South Dakota
| – | -$255K | -13,156 | Closed |
|
|
CSPIA
133
Cary Street Partners Investment Advisory
Richmond,
Virginia
| – | -$115K | -5,914 | Closed |
|
|
KFI
134
Key Financial Inc
West Chester,
Pennsylvania
| – | -$22.6K | -1,166 | Closed |
|
135
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$14.6K | -750 | Closed |
|
|
FIA
136
FNY Investment Advisers
New York
| – | -$11K | -600 | Closed |
|
137
JP Morgan Chase
New York
| – | -$175 | -9 | Closed |
|
BTT Hedge Fund Activity: Q4 2023 in Review
125 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q4 2023, worth a combined $445M — up 26% from $354M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new BTT positions and 12 closed out — a net gain of 14 holders — while 37 added to existing stakes and 43 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $26.2M. The largest seller was Bank of America, cutting an estimated $3.67M.
- 125 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q4 2023, up from 113 in Q3 2023.
- Funds reported $445M of BlackRock Municipal 2030 Target Term Trust stock for Q4 2023, up 26% quarter-over-quarter.
- 26 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q4 2023 and 12 closed out, a net change of +14 holders.
- The largest BlackRock Municipal 2030 Target Term Trust buyer in Q4 2023 was Morgan Stanley, an estimated $26.2M added.
- The largest BlackRock Municipal 2030 Target Term Trust seller in Q4 2023 was Bank of America, an estimated $3.67M sold.
Based on aggregated 13F filings for Q4 2023.