BlackRock Municipal 2030 Target Term Trust
BTT
127 hedge funds and large institutions have $469M invested in BlackRock Municipal 2030 Target Term Trust in 2024 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 41 increasing their positions, 41 reducing their positions, and 13 closing their positions.
62% more capital inflows, than outflows
Capital inflows: $52.6M | Capital outflows: $32.5M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
1.43% more ownership
Funds ownership: 31.67% → 33.1% (+1.4%)
8% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 13
1% more funds holding
Funds holding: 126 → 127 (+1)
0% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Almitas Capital
Santa Monica,
California
|
+$9.8M |
| 2 |
Logan Stone Capital
Chicago,
Illinois
|
+$6.32M |
| 3 |
Pathstone Holdings
Englewood,
New Jersey
|
+$6.13M |
| 4 |
Tortoise Investment Management
White Plains,
New York
|
+$4.68M |
| 5 |
LPL Financial
San Diego,
California
|
+$4.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$7.92M |
| 2 |
AW
Atlas Wealth
Cincinnati,
Ohio
|
-$3.74M |
| 3 |
Rockefeller Capital Management
New York
|
-$3.68M |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$2.61M |
| 5 |
Goldman Sachs
New York
|
-$1.92M |
BTT Hedge Fund Activity: Q3 2024 in Review
127 of the 6,989 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q3 2024, worth a combined $469M — up 8.7% from $432M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new BTT positions and 13 closed out — a net gain of 1 holder — while 41 added to existing stakes and 41 trimmed.
The largest buyer was Almitas Capital, adding an estimated $9.8M. The largest seller was Rivernorth Capital Management, cutting an estimated $7.92M.
- 127 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q3 2024, up from 126 in Q2 2024.
- Funds reported $469M of BlackRock Municipal 2030 Target Term Trust stock for Q3 2024, up 8.7% quarter-over-quarter.
- 14 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q3 2024 and 13 closed out, a net change of +1 holder.
- The largest BlackRock Municipal 2030 Target Term Trust buyer in Q3 2024 was Almitas Capital, an estimated $9.8M added.
- The largest BlackRock Municipal 2030 Target Term Trust seller in Q3 2024 was Rivernorth Capital Management, an estimated $7.92M sold.
Based on aggregated 13F filings for Q3 2024.