We are live on ! Find out more
BTT icon

BlackRock Municipal 2030 Target Term Trust
BTT

51 hedge funds and large institutions have $113M invested in BlackRock Municipal 2030 Target Term Trust in 2013 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 14 increasing their positions, 7 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

211% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 9

100% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 7

83% more capital invested

Capital invested by funds: $61.7M → $113M (+$51.4M)

59% more funds holding

Funds holding: 32 → 51 (+19)

4.57% more ownership

Funds ownership: 4.82% → 9.39% (+4.6%)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $110K

Holders
51
Holders Change
+19
Holders Change %
+59.38%
% of All Funds
1.48%
Holding in Top 10
3
Holding in Top 10 Change
+3
Holding in Top 10 Change %
% of All Funds
0.09%
New
28
Increased
14
Reduced
7
Closed
9
Calls
–
Puts
$110K
Net Calls
-$110K
Net Calls Change
+$6K

Top Buyers

Rank Fund Capital Flow
1
RCM
Rivernorth Capital Management
Florida
+$8.99M
2
OHA
Oak Hill Advisors
New York
+$6.03M
3
KIM
Karpus Investment Management
New York
+$5.37M
4
Morgan Stanley
Morgan Stanley
New York
+$3.92M
5
U
UBS
Switzerland
+$3.78M

Top Sellers

Rank Fund Capital Flow
1
Comerica Bank
Comerica Bank
Texas
-$604K
2
Jane Street
Jane Street
New York
-$437K
3
ST
Semper Trust
Pennsylvania
-$327K
4
GCP
GSA Capital Partners
United Kingdom
-$214K
5
Janney Montgomery Scott
Janney Montgomery Scott
Pennsylvania
-$183K
Name Holding Trade Value Shares
Change 		Change in
Stake
U
1
UBS
Switzerland
$32.5M +$3.78M +218,528 +13%
Morgan Stanley
2
Morgan Stanley
New York
$13M +$3.92M +226,786 +43%
Bank of America
3
Bank of America
North Carolina
$11.1M +$3.61M +208,696 +47%
RCM
4
Rivernorth Capital Management
Florida
$8.9M +$8.99M +520,049 New
OHA
5
Oak Hill Advisors
New York
$5.97M +$6.03M +348,839 New
KIM
6
Karpus Investment Management
New York
$5.31M +$5.37M +310,256 New
LFR
7
Lehman Financial Resources
Pennsylvania
$4.92M +$2.17M +125,340 +77%
Wells Fargo
8
Wells Fargo
California
$3.38M +$895K +51,764 +36%
WAM
9
Weiss Asset Management
Massachusetts
$2.7M +$2.73M +157,669 New
FIMG
10
Financial & Investment Management Group
Michigan
$2.11M +$2.13M +123,000 New
CCMU
11
Cheyne Capital Management (UK)
United Kingdom
$1.71M +$1.73M +100,000 New
SIA
12
Sit Investment Associates
Minnesota
$1.41M +$1.43M +82,600 New
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$1.39M +$721K +41,714 +106%
SCM
14
Summit Capital Management
Washington
$1.33M +$1.35M +77,916 New
Susquehanna International Group
15
Susquehanna International Group
Pennsylvania
$1.25M +$1.26M +73,058 New
CAS
16
CTC Alternative Strategies
Illinois
$1.21M +$1.22M +70,405 New
DA
17
Doliver Advisors
Texas
$1.04M +$1.06M +61,038 New
HighTower Advisors
18
HighTower Advisors
Illinois
$1.02M +$1.04M +59,847 New
VKH
19
Virtu KCG Holdings
New York
$1.01M +$661K +38,246 +183%
MIG
20
Mariner Investment Group
New York
$1.01M +$1.02M +59,000 New
RJA
21
Raymond James & Associates
Florida
$967K +$976K +56,460 New
LPL Financial
22
LPL Financial
California
$931K +$48.2K +2,788 +5%
MPEM
23
Marathon Partners Equity Management
New York
$924K +$934K +54,000 New
Citigroup
24
Citigroup
New York
$738K -$24.6K -1,421 -3%
RC
25
Roundview Capital
New Jersey
$720K +$361K +20,900 +99%
1
2 3

BTT Hedge Fund Activity: Q4 2013 in Review

51 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q4 2013, worth a combined $113M — up 83% from $61.7M a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new BTT positions and 9 closed out — a net gain of 19 holders — while 14 added to existing stakes and 7 trimmed.

The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $8.99M. The largest seller was Comerica Bank, exiting entirely with an estimated $604K sold.

  • 51 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q4 2013, up from 32 in Q3 2013.
  • Funds reported $113M of BlackRock Municipal 2030 Target Term Trust stock for Q4 2013, up 83% quarter-over-quarter.
  • 28 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q4 2013 and 9 closed out, a net change of +19 holders.
  • The largest BlackRock Municipal 2030 Target Term Trust buyer in Q4 2013 was Rivernorth Capital Management, an estimated $8.99M added.
  • The largest BlackRock Municipal 2030 Target Term Trust seller in Q4 2013 was Comerica Bank, an estimated $604K sold.

Based on aggregated 13F filings for Q4 2013.