BlackRock Municipal 2030 Target Term Trust
129 hedge funds and large institutions have $551M invested in BlackRock Municipal 2030 Target Term Trust in 2025 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 44 increasing their positions, 40 reducing their positions, and 12 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 40
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
4% more capital invested
Capital invested by funds: $530M → $551M (+$21.1M)
1% less funds holding
Funds holding: 130 → 129 (-1)
2.34% less ownership
Funds ownership: 38.02% → 35.68% (-2.3%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$12.2M |
| 2 |
Pathstone Holdings
Englewood,
New Jersey
|
+$10.2M |
| 3 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$2.19M |
| 4 |
SCM
Saba Capital Management
New York
|
+$1.58M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$8.67M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$5.65M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$3.25M |
| 4 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.9M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.83M |
BTT Hedge Fund Activity: Q2 2025 in Review
129 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q2 2025, worth a combined $551M — up 4% from $530M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BTT positions and 12 closed out — a net gain of 1 holder — while 44 added to existing stakes and 40 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $12.2M. The largest seller was Logan Stone Capital, cutting an estimated $8.67M.
- 129 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q2 2025, down from 130 in Q1 2025.
- Funds reported $551M of BlackRock Municipal 2030 Target Term Trust stock for Q2 2025, up 4% quarter-over-quarter.
- 13 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q2 2025 and 12 closed out, a net change of +1 holder.
- The largest BlackRock Municipal 2030 Target Term Trust buyer in Q2 2025 was Karpus Investment Management, an estimated $12.2M added.
- The largest BlackRock Municipal 2030 Target Term Trust seller in Q2 2025 was Logan Stone Capital, an estimated $8.67M sold.
Based on aggregated 13F filings for Q2 2025.