BlackRock Maryland Municipal Bond Trust
BZM was delisted on the 16th of April, 2021.
9 hedge funds and large institutions have $1.24M invested in BlackRock Maryland Municipal Bond Trust in 2013 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 1 reducing their positions, and 3 closing their positions.
500% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 1
67% more capital invested
Capital invested by funds: $745K → $1.24M (+$499K)
10% less funds holding
Funds holding: 10 → 9 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$286K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$220K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$55.5K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$46.2K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$26.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$61.9K |
| 2 |
BWFA
Baltimore-Washington Financial Advisors
Columbia,
Maryland
|
-$36K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$34K |
| 4 |
Citigroup
New York
|
-$18K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DA
1
Doliver Advisors
Houston,
Texas
| $438K | +$220K | +17,650 | +104% |
|
|
WAM
2
Wolverine Asset Management
Chicago,
Illinois
| $393K | +$286K | +22,921 | +277% |
|
|
3
Morgan Stanley
New York
| $134K | -$61.9K | -4,958 | -32% |
|
|
4
Bank of America
Charlotte,
North Carolina
| $126K | +$55.5K | +4,450 | +80% |
|
|
5
Royal Bank of Canada
Toronto,
Ontario, Canada
| $47K | +$46.2K | +3,700 | New |
|
|
LTFS
6
Ladenburg Thalmann Financial Services
Miami,
Florida
| $31K | +$287 | +23 | +1% |
|
|
U
7
UBS
Zurich,
Switzerland
| $31K | +$26.2K | +2,096 | +602% |
|
|
TJHA
8
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $25K | +$25K | +2,000 | New |
|
9
Wells Fargo
San Francisco,
California
| $19K | +$12 | +1 | +0.1% |
|
|
10
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$34K | -2,766 | Closed |
|
|
BWFA
11
Baltimore-Washington Financial Advisors
Columbia,
Maryland
| – | -$36K | -2,754 | Closed |
|
|
12
Citigroup
New York
| – | -$18K | -1,364 | Closed |
|
BZM Hedge Fund Activity: Q4 2013 in Review
9 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in BlackRock Maryland Municipal Bond Trust (BZM) for Q4 2013, worth a combined $1.24M — up 67% from $745K a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of BZM and 2 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 6 added.
The largest buyer was Wolverine Asset Management, adding an estimated $286K. The largest seller was Morgan Stanley, cutting an estimated $61.9K.
- 9 institutional investors held BlackRock Maryland Municipal Bond Trust (BZM) as of Q4 2013, down from 10 in Q3 2013.
- Funds reported $1.24M of BlackRock Maryland Municipal Bond Trust stock for Q4 2013, up 67% quarter-over-quarter.
- 2 funds opened new BlackRock Maryland Municipal Bond Trust positions in Q4 2013 and 3 closed out, a net change of -1 holder.
- The largest BlackRock Maryland Municipal Bond Trust buyer in Q4 2013 was Wolverine Asset Management, an estimated $286K added.
- The largest BlackRock Maryland Municipal Bond Trust seller in Q4 2013 was Morgan Stanley, an estimated $61.9K sold.
Based on aggregated 13F filings for Q4 2013.