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BlackRock Municipal 2030 Target Term Trust

98 hedge funds and large institutions have $274M 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.

New
Increased
Maintained
Reduced
Closed

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: 9598 (+3)

1% more capital invested

Capital invested by funds: $271M → $274M (+$2.88M)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.37% less ownership

Funds ownership: 17.22%16.85% (-0.37%)

Holders
98
Holders Change
+3
Holders Change %
+3.16%
% of All Funds
2.13%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
7
Increased
34
Reduced
24
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$57.2M +$3.75M +165,476 +7%
UBS Group
2
UBS Group
Switzerland
$33.4M -$564K -24,859 -2%
Bank of America
3
Bank of America
North Carolina
$32.6M +$1.12M +49,410 +4%
Morgan Stanley
4
Morgan Stanley
New York
$25.9M +$66.2K +2,919 +0.3%
KIM
5
Karpus Investment Management
New York
$18.1M -$6.26M -276,084 -26%
BCA
6
Biltmore Capital Advisors
New Jersey
$12M +$641K +28,270 +6%
VanEck Associates
7
VanEck Associates
New York
$7.75M +$943K +41,560 +14%
NCM
8
Narwhal Capital Management
Georgia
$5.97M -$2.99K -132 -0.1%
Stifel Financial
9
Stifel Financial
Missouri
$5.04M -$187K -8,249 -4%
WCM
10
WealthBridge Capital Management
Ohio
$4.58M -$144K -6,368 -3%
V
11
Veritable
Delaware
$3.92M +$2.43K +107 +0.1%
MSL
12
Mackay Shields LLC
New York
$3.9M
PAIM
13
Punch & Associates Investment Management
Minnesota
$3.53M -$17K -749 -0.5%
WKWM
14
Walter & Keenan Wealth Management
Indiana
$3.34M +$88.5K +3,900 +3%
LDFR
15
Lehman & Derafelo Financial Resources
Pennsylvania
$3.16M -$170K -7,495 -5%
RJA
16
Raymond James & Associates
Florida
$2.45M +$317K +13,971 +15%
Ameriprise
17
Ameriprise
Minnesota
$2.41M -$383K -16,879 -14%
PPA
18
Parametric Portfolio Associates
Washington
$2.34M -$65.2K -2,876 -3%
JP Morgan Chase
19
JP Morgan Chase
New York
$2.33M +$131K +5,765 +6%
LCM
20
Landscape Capital Management
New Jersey
$2.3M +$179K +7,888 +9%
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$2.11M -$34.7K -1,531 -2%
RJFSA
22
Raymond James Financial Services Advisors
Florida
$1.88M +$18.6K +822 +1%
COLIM
23
City of London Investment Management
United Kingdom
$1.74M
FFA
24
First Foundation Advisors
California
$1.71M +$96.8K +4,266 +6%
ASN
25
Advisory Services Network
Georgia
$1.55M +$1.13K +50 +0.1%

BTT Hedge Fund Activity: Q2 2019 in Review

98 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q2 2019, worth a combined $274M — up 1.1% 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 $274M of BlackRock Municipal 2030 Target Term Trust stock for Q2 2019, up 1.1% 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.