BlackRock Municipal 2030 Target Term Trust
52 hedge funds and large institutions have $193M invested in BlackRock Municipal 2030 Target Term Trust in 2015 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 21 increasing their positions, 12 reducing their positions, and 23 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 12
0.95% less ownership
Funds ownership: 13.98% → 13.03% (-0.95%)
3% less capital invested
Capital invested by funds: $198M → $193M (-$5.4M)
19% less funds holding
Funds holding: 64 → 52 (-12)
48% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 23
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $21K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$5.52M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$3.63M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$3.54M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$2.48M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$1.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$12.1M |
| 2 |
OHA
Oak Hill Advisors
New York
|
-$5.9M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$4.68M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$2.97M |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$2M |
BTT Hedge Fund Activity: Q1 2015 in Review
52 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q1 2015, worth a combined $193M — down 2.7% from $198M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of BTT and 12 opened new positions — a net loss of 11 holders — while 12 trimmed existing stakes and 21 added.
The largest buyer was Deutsche Bank, adding an estimated $5.52M. The largest seller was AllianceBernstein, exiting entirely with an estimated $12.1M sold.
- 52 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q1 2015, down from 64 in Q4 2014.
- Funds reported $193M of BlackRock Municipal 2030 Target Term Trust stock for Q1 2015, down 2.7% quarter-over-quarter.
- 12 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q1 2015 and 23 closed out, a net change of -11 holders.
- The largest BlackRock Municipal 2030 Target Term Trust buyer in Q1 2015 was Deutsche Bank, an estimated $5.52M added.
- The largest BlackRock Municipal 2030 Target Term Trust seller in Q1 2015 was AllianceBernstein, an estimated $12.1M sold.
Based on aggregated 13F filings for Q1 2015.