BlackRock Municipal 2030 Target Term Trust
62 hedge funds and large institutions have $207M invested in BlackRock Municipal 2030 Target Term Trust in 2016 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 28 increasing their positions, 14 reducing their positions, and 7 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 14
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
3% more funds holding
Funds holding: 60 → 62 (+2)
0.12% less ownership
Funds ownership: 12.26% → 12.14% (-0.12%)
1% less capital invested
Capital invested by funds: $209M → $207M (-$1.64M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$4.03M |
| 2 |
V
Veritable
Wilmington,
Delaware
|
+$2.64M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.05M |
| 4 |
HCM
Harvey Capital Management
Palm Beach,
Florida
|
+$1.64M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$735K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$8.16M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.61M |
| 3 |
LFR
Lehman Financial Resources
Media,
Pennsylvania
|
-$2.51M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.26M |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$780K |
BTT Hedge Fund Activity: Q3 2016 in Review
62 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q3 2016, worth a combined $207M — down 0.79% from $209M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new BTT positions and 7 closed out — a net gain of 4 holders — while 28 added to existing stakes and 14 trimmed.
The largest buyer was Mackay Shields LLC, opening a new position worth an estimated $4.03M. The largest seller was UBS Group, cutting an estimated $8.16M.
- 62 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q3 2016, up from 60 in Q2 2016.
- Funds reported $207M of BlackRock Municipal 2030 Target Term Trust stock for Q3 2016, down 0.79% quarter-over-quarter.
- 11 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q3 2016 and 7 closed out, a net change of +4 holders.
- The largest BlackRock Municipal 2030 Target Term Trust buyer in Q3 2016 was Mackay Shields LLC, an estimated $4.03M added.
- The largest BlackRock Municipal 2030 Target Term Trust seller in Q3 2016 was UBS Group, an estimated $8.16M sold.
Based on aggregated 13F filings for Q3 2016.