BlackRock Municipal 2030 Target Term Trust
106 hedge funds and large institutions have $295M invested in BlackRock Municipal 2030 Target Term Trust in 2020 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 40 increasing their positions, 27 reducing their positions, and 11 closing their positions.
55% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 11
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
48% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 27
2% more funds holding
Funds holding: 104 → 106 (+2)
1.91% more ownership
Funds ownership: 16.52% → 18.43% (+1.9%)
4% more capital invested
Capital invested by funds: $284M → $295M (+$11.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$12.8M |
| 2 |
MSL
Mackay Shields LLC
New York
|
+$5.87M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$4.55M |
| 4 |
G
GenTrust
Miami,
Florida
|
+$3.47M |
| 5 |
Morgan Stanley
New York
|
+$3.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$4.63M |
| 2 |
WKWM
Walter & Keenan Wealth Management
Souh Bend,
Indiana
|
-$3.8M |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$3.7M |
| 4 |
LFAS
Level Four Advisory Services
Dallas,
Texas
|
-$2.04M |
| 5 |
VanEck Associates
New York
|
-$1.37M |
BTT Hedge Fund Activity: Q1 2020 in Review
106 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q1 2020, worth a combined $295M — up 3.9% from $284M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new BTT positions and 11 closed out — a net gain of 6 holders — while 40 added to existing stakes and 27 trimmed.
The largest buyer was Wells Fargo, adding an estimated $12.8M. The largest seller was UBS Group, cutting an estimated $4.63M.
- 106 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q1 2020, up from 104 in Q4 2019.
- Funds reported $295M of BlackRock Municipal 2030 Target Term Trust stock for Q1 2020, up 3.9% quarter-over-quarter.
- 17 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q1 2020 and 11 closed out, a net change of +6 holders.
- The largest BlackRock Municipal 2030 Target Term Trust buyer in Q1 2020 was Wells Fargo, an estimated $12.8M added.
- The largest BlackRock Municipal 2030 Target Term Trust seller in Q1 2020 was UBS Group, an estimated $4.63M sold.
Based on aggregated 13F filings for Q1 2020.