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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.

New
Increased
Maintained
Reduced
Closed

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: 12 (+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: 121126 (+5)

Holders
126
Holders Change
+5
Holders Change %
+4.13%
% of All Funds
1.82%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
14
Increased
46
Reduced
40
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$52.7M +$403K +19,544 +0.8%
RCM
2
Rivernorth Capital Management
Florida
$44.3M -$229K -11,113 -0.5%
Morgan Stanley
3
Morgan Stanley
New York
$29.6M -$713K -34,600 -2%
MSL
4
Mackay Shields LLC
New York
$29.1M
Allspring Global Investments
5
Allspring Global Investments
North Carolina
$25.2M +$2.18M +105,661 +10%
Bank of America
6
Bank of America
North Carolina
$22.2M -$1.36M -66,071 -6%
UBS Group
7
UBS Group
Switzerland
$16.9M +$445K +21,587 +3%
LSC
8
Logan Stone Capital
Illinois
$13.9M +$6.1M +296,221 +79%
VanEck Associates
9
VanEck Associates
New York
$10.3M -$634K -30,786 -6%
MFG
10
Merit Financial Group
Georgia
$10.1M -$64.7K -3,141 -0.6%
NCM
11
Narwhal Capital Management
Georgia
$10M -$67.2K -3,260 -0.7%
Stifel Financial
12
Stifel Financial
Missouri
$9.4M -$122K -5,930 -1%
ST
13
Sentinel Trust
Texas
$9.37M +$2.32M +112,531 +33%
COLIM
14
City of London Investment Management
United Kingdom
$9.22M +$319K +15,482 +4%
TIM
15
Tortoise Investment Management
New York
$8.27M +$7.54M +365,845 +1,132%
SCM
16
Saba Capital Management
New York
$7.94M +$7.88M +382,344 New
AA
17
AQR Arbitrage
Connecticut
$6.29M +$1.45M +70,622 +30%
Rockefeller Capital Management
18
Rockefeller Capital Management
New York
$5.97M -$4.03M -195,821 -41%
WCM
19
WealthBridge Capital Management
Ohio
$5.1M -$1.22M -59,275 -19%
Cerity Partners
20
Cerity Partners
New York
$4.98M +$242K +11,761 +5%
HWAM
21
Hennion & Walsh Asset Management
New Jersey
$4.96M +$153K +7,439 +3%
Pathstone Holdings
22
Pathstone Holdings
New Jersey
$4.34M +$173K +8,419 +4%
LPL Financial
23
LPL Financial
California
$4.21M +$527K +25,580 +14%
JCM
24
Jacobi Capital Management
Pennsylvania
$3.93M +$204K +9,905 +6%
AW
25
Atlas Wealth
Ohio
$3.74M +$3.7M +179,785 New

BTT Hedge Fund Activity: Q2 2024 in Review

126 of the 6,924 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.