BlackRock Municipal 2030 Target Term Trust
126 hedge funds and large institutions have $432M invested in BlackRock Municipal 2030 Target Term Trust in 2024 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 46 increasing their positions, 40 reducing their positions, and 6 closing their positions.
133% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 6
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
15% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 40
6% more capital invested
Capital invested by funds: $407M → $432M (+$24.8M)
4.26% more ownership
Funds ownership: 27.41% → 31.67% (+4.3%)
4% more funds holding
Funds holding: 121 → 126 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$7.88M |
| 2 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$7.54M |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$6.1M |
| 4 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
+$3.7M |
| 5 |
ST
Sentinel Trust
Houston,
Texas
|
+$2.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rockefeller Capital Management
New York
|
-$4.03M |
| 2 |
RVPG
Relative Value Partners Group
|
-$1.41M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.36M |
| 4 |
WCM
WealthBridge Capital Management
Westerville,
Ohio
|
-$1.22M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.02M |
BTT Hedge Fund Activity: Q2 2024 in Review
126 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q2 2024, worth a combined $432M — up 6.1% from $407M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new BTT positions and 6 closed out — a net gain of 8 holders — while 46 added to existing stakes and 40 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $7.88M. The largest seller was Rockefeller Capital Management, cutting an estimated $4.03M.
- 126 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q2 2024, up from 121 in Q1 2024.
- Funds reported $432M of BlackRock Municipal 2030 Target Term Trust stock for Q2 2024, up 6.1% quarter-over-quarter.
- 14 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q2 2024 and 6 closed out, a net change of +8 holders.
- The largest BlackRock Municipal 2030 Target Term Trust buyer in Q2 2024 was Saba Capital Management, an estimated $7.88M added.
- The largest BlackRock Municipal 2030 Target Term Trust seller in Q2 2024 was Rockefeller Capital Management, an estimated $4.03M sold.
Based on aggregated 13F filings for Q2 2024.