BlackRock Municipal 2030 Target Term Trust
130 hedge funds and large institutions have $530M invested in BlackRock Municipal 2030 Target Term Trust in 2025 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 49 increasing their positions, 42 reducing their positions, and 14 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
17% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 42
6% more capital invested
Capital invested by funds: $497M → $530M (+$32.3M)
1.21% more ownership
Funds ownership: 36.82% → 38.02% (+1.2%)
6% less funds holding
Funds holding: 138 → 130 (-8)
50% less first-time investments, than exits
New positions opened: 7 | 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 |
HC
Hara Capital
Bellevue,
Washington
|
-$2.63M |
| 3 |
VanEck Associates
New York
|
-$2.19M |
| 4 |
Cerity Partners
New York
|
-$2.07M |
| 5 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$1.74M |
BTT Hedge Fund Activity: Q1 2025 in Review
130 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q1 2025, worth a combined $530M — up 6.5% from $497M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of BTT and 7 opened new positions — a net loss of 7 holders — while 42 trimmed existing stakes and 49 added.
The largest buyer was Pathstone Holdings, adding an estimated $14.5M. The largest seller was Logan Stone Capital, cutting an estimated $8.66M.
- 130 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q1 2025, down from 138 in Q4 2024.
- Funds reported $530M of BlackRock Municipal 2030 Target Term Trust stock for Q1 2025, up 6.5% quarter-over-quarter.
- 7 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q1 2025 and 14 closed out, a net change of -7 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.