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BlackRock Municipal 2030 Target Term Trust

125 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 12 funds opening new positions, 41 increasing their positions, 41 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

9% more capital invested

Capital invested by funds: $432M → $469M (+$37.5M)

1.42% more ownership

Funds ownership: 31.67%33.09% (+1.4%)

0% more repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 41

1% less funds holding

Funds holding: 126125 (-1)

8% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 13

Holders
125
Holders Change
-1
Holders Change %
-0.79%
% of All Funds
1.79%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.04%
New
12
Increased
41
Reduced
41
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$55.8M +$948K +44,616 +2%
RCM
2
Rivernorth Capital Management
Florida
$38.1M -$7.92M -372,650 -17%
MSL
3
Mackay Shields LLC
New York
$30.3M
Morgan Stanley
4
Morgan Stanley
New York
$29.2M -$1.59M -74,902 -5%
Allspring Global Investments
5
Allspring Global Investments
North Carolina
$23.6M -$2.61M -122,677 -10%
Bank of America
6
Bank of America
North Carolina
$21.9M -$1.27M -59,952 -6%
LSC
7
Logan Stone Capital
Illinois
$20.9M +$6.32M +297,711 +44%
UBS Group
8
UBS Group
Switzerland
$17.9M +$384K +18,092 +2%
TIM
9
Tortoise Investment Management
New York
$13.4M +$4.68M +220,154 +55%
AC
10
Almitas Capital
California
$11.6M +$9.76M +459,519 +594%
VanEck Associates
11
VanEck Associates
New York
$11.4M +$921K +43,381 +9%
COLIM
12
City of London Investment Management
United Kingdom
$11.1M +$1.52M +71,520 +16%
ST
13
Sentinel Trust
Texas
$11M +$1.23M +57,975 +13%
Pathstone Holdings
14
Pathstone Holdings
New Jersey
$10.8M +$6.13M +288,682 +138%
MFG
15
Merit Financial Group
Georgia
$10.4M -$152K -7,178 -1%
NCM
16
Narwhal Capital Management
Georgia
$10.1M -$282K -13,288 -3%
Stifel Financial
17
Stifel Financial
Missouri
$8.67M -$1.09M -51,188 -11%
LPL Financial
18
LPL Financial
California
$8.66M +$4.2M +197,617 +97%
SCM
19
Saba Capital Management
New York
$8.27M
HWAM
20
Hennion & Walsh Asset Management
New Jersey
$6.24M +$1.06M +49,793 +21%
AA
21
AQR Arbitrage
Connecticut
$5.63M -$921K -43,359 -14%
WCM
22
WealthBridge Capital Management
Ohio
$5.26M -$48.2K -2,267 -0.9%
HC
23
Hara Capital
Washington
$5.26M +$3.7M +174,313 +252%
Cerity Partners
24
Cerity Partners
New York
$5.19M
JCM
25
Jacobi Capital Management
Pennsylvania
$4.25M +$164K +7,699 +4%

BTT Hedge Fund Activity: Q3 2024 in Review

125 of the 6,964 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.

Sellers outnumbered buyers: 13 funds closed out of BTT and 12 opened new positions — a net loss of 1 holder — while 41 trimmed existing stakes and 41 added.

The largest buyer was Almitas Capital, adding an estimated $9.76M. The largest seller was Rivernorth Capital Management, cutting an estimated $7.92M.

  • 125 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q3 2024, down 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.
  • 12 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 $9.76M 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.