BlackRock Municipal 2030 Target Term Trust
113 hedge funds and large institutions have $297M invested in BlackRock Municipal 2030 Target Term Trust in 2022 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 32 increasing their positions, 31 reducing their positions, and 11 closing their positions.
36% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 11
3% more funds holding
Funds holding: 110 → 113 (+3)
3% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 31
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.38% less ownership
Funds ownership: 19.37% → 18.99% (-0.38%)
8% less capital invested
Capital invested by funds: $323M → $297M (-$25.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Covington Capital Management
Los Angeles,
California
|
+$3.16M |
| 2 |
Morgan Stanley
New York
|
+$2.93M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$2.43M |
| 4 |
SPIA
Steward Partners Investment Advisory
New York
|
+$1.56M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$6.36M |
| 2 |
JP Morgan Chase
New York
|
-$5.01M |
| 3 |
XF
XML Financial
Bethesda,
Maryland
|
-$4.21M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.44M |
| 5 |
Millennium Management
New York
|
-$1.29M |
BTT Hedge Fund Activity: Q2 2022 in Review
113 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q2 2022, worth a combined $297M — down 8% from $323M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new BTT positions and 11 closed out — a net gain of 4 holders — while 32 added to existing stakes and 31 trimmed.
The largest buyer was Covington Capital Management, adding an estimated $3.16M. The largest seller was Wells Fargo, cutting an estimated $6.36M.
- 113 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q2 2022, up from 110 in Q1 2022.
- Funds reported $297M of BlackRock Municipal 2030 Target Term Trust stock for Q2 2022, down 8% quarter-over-quarter.
- 15 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q2 2022 and 11 closed out, a net change of +4 holders.
- The largest BlackRock Municipal 2030 Target Term Trust buyer in Q2 2022 was Covington Capital Management, an estimated $3.16M added.
- The largest BlackRock Municipal 2030 Target Term Trust seller in Q2 2022 was Wells Fargo, an estimated $6.36M sold.
Based on aggregated 13F filings for Q2 2022.