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.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+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: 126 → 125 (-1)
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Almitas Capital
Santa Monica,
California
|
+$9.76M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$6.32M |
| 3 |
Pathstone Holdings
Englewood,
New Jersey
|
+$6.13M |
| 4 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$4.68M |
| 5 |
LPL Financial
San Diego,
California
|
+$4.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
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
125 of the 6,978 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.