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BlackRock Municipal 2030 Target Term Trust

138 hedge funds and large institutions have $497M invested in BlackRock Municipal 2030 Target Term Trust in 2024 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 51 increasing their positions, 39 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

145% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 11

31% more repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 39

10% more funds holding

Funds holding: 125138 (+13)

6% more capital invested

Capital invested by funds: $469M → $497M (+$28.4M)

3.72% more ownership

Funds ownership: 33.09%36.82% (+3.7%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

Holders
138
Holders Change
+13
Holders Change %
+10.4%
% of All Funds
1.82%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
27
Increased
51
Reduced
39
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$57.9M +$4.91M +231,758 +9%
RCM
2
Rivernorth Capital Management
Florida
$32.3M -$4.07M -192,145 -11%
AC
3
Almitas Capital
California
$30.9M +$20.4M +964,150 +180%
MSL
4
Mackay Shields LLC
New York
$28.9M
Allspring Global Investments
5
Allspring Global Investments
North Carolina
$27.5M +$5.16M +243,776 +22%
Morgan Stanley
6
Morgan Stanley
New York
$25.1M -$2.79M -131,553 -10%
Pathstone Holdings
7
Pathstone Holdings
New Jersey
$19.7M +$9.76M +460,836 +93%
LSC
8
Logan Stone Capital
Illinois
$17.6M -$2.41M -113,951 -12%
Bank of America
9
Bank of America
North Carolina
$17.5M -$3.45M -162,769 -16%
TIM
10
Tortoise Investment Management
New York
$16.4M +$3.82M +180,475 +29%
UBS Group
11
UBS Group
Switzerland
$16.1M -$1.06M -50,011 -6%
COLIM
12
City of London Investment Management
United Kingdom
$14.4M +$3.87M +182,949 +36%
VanEck Associates
13
VanEck Associates
New York
$11.6M +$448K +21,179 +4%
ST
14
Sentinel Trust
Texas
$11.5M +$1.04M +49,225 +10%
SCM
15
Saba Capital Management
New York
$11.1M +$3.34M +157,536 +41%
MFG
16
Merit Financial Group
Georgia
$9.82M -$79.4K -3,749 -0.8%
NCM
17
Narwhal Capital Management
Georgia
$9M -$677K -31,984 -7%
LPL Financial
18
LPL Financial
California
$8.71M +$481K +22,700 +6%
HWAM
19
Hennion & Walsh Asset Management
New Jersey
$7.4M +$1.5M +70,952 +25%
1CP
20
1607 Capital Partners
Virginia
$6.49M +$3.34M +157,784 +100%
Kovitz Investment Group Partners
21
Kovitz Investment Group Partners
Illinois
$5.41M +$3.71M +175,022 +199%
Cerity Partners
22
Cerity Partners
New York
$4.97M +$30.7K +1,450 +0.6%
WCM
23
WealthBridge Capital Management
Ohio
$4.81M -$212K -9,995 -4%
HC
24
Hara Capital
Washington
$4.57M -$458K -21,621 -9%
Stifel Financial
25
Stifel Financial
Missouri
$4.28M -$4.09M -193,178 -48%

BTT Hedge Fund Activity: Q4 2024 in Review

138 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q4 2024, worth a combined $497M — up 6.1% from $469M a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new BTT positions and 11 closed out — a net gain of 16 holders — while 51 added to existing stakes and 39 trimmed.

The largest buyer was Almitas Capital, adding an estimated $20.4M. The largest seller was Stifel Financial, cutting an estimated $4.09M.

  • 138 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q4 2024, up from 125 in Q3 2024.
  • Funds reported $497M of BlackRock Municipal 2030 Target Term Trust stock for Q4 2024, up 6.1% quarter-over-quarter.
  • 27 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q4 2024 and 11 closed out, a net change of +16 holders.
  • The largest BlackRock Municipal 2030 Target Term Trust buyer in Q4 2024 was Almitas Capital, an estimated $20.4M added.
  • The largest BlackRock Municipal 2030 Target Term Trust seller in Q4 2024 was Stifel Financial, an estimated $4.09M sold.

Based on aggregated 13F filings for Q4 2024.