BlackRock Municipal 2030 Target Term Trust
110 hedge funds and large institutions have $352M invested in BlackRock Municipal 2030 Target Term Trust in 2021 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 39 increasing their positions, 28 reducing their positions, and 9 closing their positions.
39% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 28
4% more capital invested
Capital invested by funds: $339M → $352M (+$12.4M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.04% less ownership
Funds ownership: 19.04% → 19.01% (-0.04%)
4% less funds holding
Funds holding: 114 → 110 (-4)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.28M |
| 2 |
Rockefeller Capital Management
New York
|
+$1.71M |
| 3 |
VanEck Associates
New York
|
+$1.56M |
| 4 |
6M
6 Meridian
Wichita,
Kansas
|
+$1.55M |
| 5 |
LWM
Laidlaw Wealth Management
New York City,
New York
|
+$868K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$2.74M |
| 2 |
BCA
Biltmore Capital Advisors
Princeton,
New Jersey
|
-$1.85M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.83M |
| 4 |
IAP
Indie Asset Partners
Carmel,
Indiana
|
-$1.08M |
| 5 |
MSL
Mackay Shields LLC
New York
|
-$1.06M |
BTT Hedge Fund Activity: Q2 2021 in Review
110 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q2 2021, worth a combined $352M — up 3.7% from $339M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of BTT and 6 opened new positions — a net loss of 3 holders — while 28 trimmed existing stakes and 39 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $4.28M. The largest seller was Wells Fargo, cutting an estimated $2.74M.
- 110 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q2 2021, down from 114 in Q1 2021.
- Funds reported $352M of BlackRock Municipal 2030 Target Term Trust stock for Q2 2021, up 3.7% quarter-over-quarter.
- 6 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q2 2021 and 9 closed out, a net change of -3 holders.
- The largest BlackRock Municipal 2030 Target Term Trust buyer in Q2 2021 was Rivernorth Capital Management, an estimated $4.28M added.
- The largest BlackRock Municipal 2030 Target Term Trust seller in Q2 2021 was Wells Fargo, an estimated $2.74M sold.
Based on aggregated 13F filings for Q2 2021.