BlackRock Municipal 2030 Target Term Trust
105 hedge funds and large institutions have $351M invested in BlackRock Municipal 2030 Target Term Trust in 2020 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 35 increasing their positions, 31 reducing their positions, and 14 closing their positions.
19% more capital invested
Capital invested by funds: $295M → $351M (+$56.5M)
13% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 31
2.53% more ownership
Funds ownership: 18.43% → 20.96% (+2.5%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 14
1% less funds holding
Funds holding: 106 → 105 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$29.2M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.89M |
| 3 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
+$4.85M |
| 4 |
WKWM
Walter & Keenan Wealth Management
Souh Bend,
Indiana
|
+$3.97M |
| 5 |
SIAP
Sterling Investment Advisors (Pennsylvania)
Berwyn,
Pennsylvania
|
+$1.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
G
GenTrust
Miami,
Florida
|
-$2.42M |
| 2 |
RVPG
Relative Value Partners Group
|
-$1.72M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$1.43M |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$1.2M |
| 5 |
6M
6 Meridian
Wichita,
Kansas
|
-$1.02M |
BTT Hedge Fund Activity: Q2 2020 in Review
105 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q2 2020, worth a combined $351M — up 19% from $295M a quarter earlier.
Fund positioning in BTT was balanced in Q2 2020: 14 funds opened new positions, 14 closed out, 35 added to existing stakes and 31 trimmed.
The largest buyer was BlackRock, adding an estimated $29.2M. The largest seller was GenTrust, cutting an estimated $2.42M.
- 105 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q2 2020, down from 106 in Q1 2020.
- Funds reported $351M of BlackRock Municipal 2030 Target Term Trust stock for Q2 2020, up 19% quarter-over-quarter.
- 14 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q2 2020 and 14 closed out, a net change of 0 holders.
- The largest BlackRock Municipal 2030 Target Term Trust buyer in Q2 2020 was BlackRock, an estimated $29.2M added.
- The largest BlackRock Municipal 2030 Target Term Trust seller in Q2 2020 was GenTrust, an estimated $2.42M sold.
Based on aggregated 13F filings for Q2 2020.