BlackRock Municipal 2030 Target Term Trust
131 hedge funds and large institutions have $531M invested in BlackRock Municipal 2030 Target Term Trust in 2025 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 50 increasing their positions, 41 reducing their positions, and 14 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
22% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 41
7% more capital invested
Capital invested by funds: $495M → $531M (+$35.8M)
1.47% more ownership
Funds ownership: 36.62% → 38.09% (+1.5%)
5% less funds holding
Funds holding: 138 → 131 (-7)
43% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pathstone Holdings
Englewood,
New Jersey
|
+$14.5M |
| 2 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$6.08M |
| 3 |
SCM
Saba Capital Management
New York
|
+$5.55M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$4.22M |
| 5 |
MSL
Mackay Shields LLC
New York
|
+$3.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$8.66M |
| 2 |
VanEck Associates
New York
|
-$2.19M |
| 3 |
Cerity Partners
New York
|
-$2.07M |
| 4 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$1.74M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$1.14M |
BTT Hedge Fund Activity: Q1 2025 in Review
131 of the 7,472 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q1 2025, worth a combined $531M — up 7.2% from $495M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of BTT and 8 opened new positions — a net loss of 6 holders — while 41 trimmed existing stakes and 50 added.
The largest buyer was Pathstone Holdings, adding an estimated $14.5M. The largest seller was Logan Stone Capital, cutting an estimated $8.66M.
- 131 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q1 2025, down from 138 in Q4 2024.
- Funds reported $531M of BlackRock Municipal 2030 Target Term Trust stock for Q1 2025, up 7.2% quarter-over-quarter.
- 8 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q1 2025 and 14 closed out, a net change of -6 holders.
- The largest BlackRock Municipal 2030 Target Term Trust buyer in Q1 2025 was Pathstone Holdings, an estimated $14.5M added.
- The largest BlackRock Municipal 2030 Target Term Trust seller in Q1 2025 was Logan Stone Capital, an estimated $8.66M sold.
Based on aggregated 13F filings for Q1 2025.