BlackRock Municipal 2030 Target Term Trust
64 hedge funds and large institutions have $178M invested in BlackRock Municipal 2030 Target Term Trust in 2017 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 22 increasing their positions, 21 reducing their positions, and 9 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 21
1.04% less ownership
Funds ownership: 12.21% → 11.17% (-1%)
5% less capital invested
Capital invested by funds: $188M → $178M (-$9.8M)
6% less funds holding
Funds holding: 68 → 64 (-4)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.26M |
| 2 |
Morgan Stanley
New York
|
+$2M |
| 3 |
JP Morgan Chase
New York
|
+$1.82M |
| 4 |
LPL Financial
San Diego,
California
|
+$851K |
| 5 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$350K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$16.9M |
| 2 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
-$2.58M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$2.21M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.05M |
| 5 |
SG Americas Securities
New York
|
-$801K |
BTT Hedge Fund Activity: Q1 2017 in Review
64 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q1 2017, worth a combined $178M — down 5.2% from $188M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of BTT and 6 opened new positions — a net loss of 3 holders — while 21 trimmed existing stakes and 22 added.
The largest buyer was Ameriprise, opening a new position worth an estimated $2.26M. The largest seller was Wells Fargo, cutting an estimated $16.9M.
- 64 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q1 2017, down from 68 in Q4 2016.
- Funds reported $178M of BlackRock Municipal 2030 Target Term Trust stock for Q1 2017, down 5.2% quarter-over-quarter.
- 6 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q1 2017 and 9 closed out, a net change of -3 holders.
- The largest BlackRock Municipal 2030 Target Term Trust buyer in Q1 2017 was Ameriprise, an estimated $2.26M added.
- The largest BlackRock Municipal 2030 Target Term Trust seller in Q1 2017 was Wells Fargo, an estimated $16.9M sold.
Based on aggregated 13F filings for Q1 2017.