BlackRock Maryland Municipal Bond Trust
BZM was delisted on the 16th of April, 2021.
9 hedge funds and large institutions have $739K invested in BlackRock Maryland Municipal Bond Trust in 2014 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 2 closing their positions.
10% less funds holding
Funds holding: 10 → 9 (-1)
34% less capital invested
Capital invested by funds: $1.12M → $739K (-$383K)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$81K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$283K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$137K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$27.6K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$20.7K |
| 5 |
Morgan Stanley
New York
|
-$20K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Bank of America
Charlotte,
North Carolina
| $291K | +$81K | +5,872 | +40% |
|
|
DA
2
Doliver Advisors
Houston,
Texas
| $249K | -$137K | -9,901 | -36% |
|
|
3
Morgan Stanley
New York
| $73K | -$20K | -1,450 | -22% |
|
|
4
Royal Bank of Canada
Toronto,
Ontario, Canada
| $52K | -$27.6K | -2,000 | -35% |
|
|
LTFS
5
Ladenburg Thalmann Financial Services
Miami,
Florida
| $34K | – | – | – |
|
|
6
Wells Fargo
San Francisco,
California
| $21K | -$20.7K | -1,500 | -50% |
|
|
U
7
UBS
Zurich,
Switzerland
| $8K | -$14.7K | -1,068 | -66% |
|
|
TJHA
8
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $7K | – | – | – |
|
|
GSC
9
Ground Swell Capital
Folly Beach,
South Carolina
| $4K | +$4.14K | +300 | New |
|
|
WAM
10
Wolverine Asset Management
Chicago,
Illinois
| – | -$283K | -21,147 | Closed |
|
11
Citigroup
New York
| – | -$5K | -356 | Closed |
|
BZM Hedge Fund Activity: Q2 2014 in Review
9 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in BlackRock Maryland Municipal Bond Trust (BZM) for Q2 2014, worth a combined $739K — down 34% from $1.12M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of BZM and 1 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 1 added.
The largest buyer was Bank of America, adding an estimated $81K. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $283K sold.
- 9 institutional investors held BlackRock Maryland Municipal Bond Trust (BZM) as of Q2 2014, down from 10 in Q1 2014.
- Funds reported $739K of BlackRock Maryland Municipal Bond Trust stock for Q2 2014, down 34% quarter-over-quarter.
- 1 fund opened new BlackRock Maryland Municipal Bond Trust positions in Q2 2014 and 2 closed out, a net change of -1 holder.
- The largest BlackRock Maryland Municipal Bond Trust buyer in Q2 2014 was Bank of America, an estimated $81K added.
- The largest BlackRock Maryland Municipal Bond Trust seller in Q2 2014 was Wolverine Asset Management, an estimated $283K sold.
Based on aggregated 13F filings for Q2 2014.