BlackRock Municipal 2030 Target Term Trust
59 hedge funds and large institutions have $204M invested in BlackRock Municipal 2030 Target Term Trust in 2015 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 22 increasing their positions, 20 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
13% more capital invested
Capital invested by funds: $180M → $204M (+$23.9M)
11% more funds holding
Funds holding: 53 → 59 (+6)
10% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 20
0.87% more ownership
Funds ownership: 12.53% → 13.4% (+0.87%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$2.99M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.71M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$2.5M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.84M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.44M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.29M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$1.12M |
| 4 |
Morgan Stanley
New York
|
-$446K |
| 5 |
JP Morgan Chase
New York
|
-$270K |
BTT Hedge Fund Activity: Q4 2015 in Review
59 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q4 2015, worth a combined $204M — up 13% from $180M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new BTT positions and 3 closed out — a net gain of 6 holders — while 22 added to existing stakes and 20 trimmed.
The largest buyer was LPL Financial, adding an estimated $2.99M. The largest seller was Rivernorth Capital Management, cutting an estimated $2.44M.
- 59 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q4 2015, up from 53 in Q3 2015.
- Funds reported $204M of BlackRock Municipal 2030 Target Term Trust stock for Q4 2015, up 13% quarter-over-quarter.
- 9 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q4 2015 and 3 closed out, a net change of +6 holders.
- The largest BlackRock Municipal 2030 Target Term Trust buyer in Q4 2015 was LPL Financial, an estimated $2.99M added.
- The largest BlackRock Municipal 2030 Target Term Trust seller in Q4 2015 was Rivernorth Capital Management, an estimated $2.44M sold.
Based on aggregated 13F filings for Q4 2015.