BlackRock Municipal 2030 Target Term Trust
98 hedge funds and large institutions have $276M invested in BlackRock Municipal 2030 Target Term Trust in 2019 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 34 increasing their positions, 24 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
42% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 24
3% more funds holding
Funds holding: 95 → 98 (+3)
2% more capital invested
Capital invested by funds: $271M → $276M (+$5.07M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.37% less ownership
Funds ownership: 17.22% → 16.85% (-0.37%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.75M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.12M |
| 3 |
VanEck Associates
New York
|
+$943K |
| 4 |
BCA
Biltmore Capital Advisors
Princeton,
New Jersey
|
+$641K |
| 5 |
LA
LexAurum Advisors
Overland Park,
Kansas
|
+$551K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$6.92M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$6.26M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$564K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$518K |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$422K |
BTT Hedge Fund Activity: Q2 2019 in Review
98 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q2 2019, worth a combined $276M — up 1.9% from $271M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BTT positions and 3 closed out — a net gain of 4 holders — while 34 added to existing stakes and 24 trimmed.
The largest buyer was Wells Fargo, adding an estimated $3.75M. The largest seller was Rivernorth Capital Management, cutting an estimated $6.92M.
- 98 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q2 2019, up from 95 in Q1 2019.
- Funds reported $276M of BlackRock Municipal 2030 Target Term Trust stock for Q2 2019, up 1.9% quarter-over-quarter.
- 7 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q2 2019 and 3 closed out, a net change of +4 holders.
- The largest BlackRock Municipal 2030 Target Term Trust buyer in Q2 2019 was Wells Fargo, an estimated $3.75M added.
- The largest BlackRock Municipal 2030 Target Term Trust seller in Q2 2019 was Rivernorth Capital Management, an estimated $6.92M sold.
Based on aggregated 13F filings for Q2 2019.