BlackRock Maryland Municipal Bond Trust
BZM was delisted on the 16th of April, 2021.
11 hedge funds and large institutions have $854K invested in BlackRock Maryland Municipal Bond Trust in 2016 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 2 closing their positions.
0% more funds holding
Funds holding: 11 → 11 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
3% less capital invested
Capital invested by funds: $876K → $854K (-$22K)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$112K |
| 2 |
WRM
Westport Resources Management
Westport,
Connecticut
|
+$45.5K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$13.7K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$6.51K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$159K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$33.9K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$20K |
| 4 |
Citigroup
New York
|
-$13.6K |
| 5 |
Morgan Stanley
New York
|
-$4.07K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Bank of America
Charlotte,
North Carolina
| $312K | +$13.7K | +900 | +5% |
|
|
SSB
2
Sandy Spring Bank
Olney,
Maryland
| $135K | – | – | – |
|
|
3
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $115K | +$112K | +7,385 | New |
|
|
4
Morgan Stanley
New York
| $105K | -$4.07K | -268 | -4% |
|
5
Wells Fargo
San Francisco,
California
| $68K | -$15 | -1 | -0% |
|
6
Royal Bank of Canada
Toronto,
Ontario, Canada
| $57K | – | – | – |
|
|
WRM
7
Westport Resources Management
Westport,
Connecticut
| $47K | +$45.5K | +3,000 | New |
|
|
TRCT
8
Tower Research Capital (TRC)
New York
| $8K | +$6.51K | +429 | +604% |
|
|
9
UBS Group
Zurich,
Switzerland
| $4K | -$33.9K | -2,238 | -90% |
|
|
BWA
10
Burt Wealth Advisors
North Bethesda,
Maryland
| $3K | – | – | – |
|
|
CRC
11
Curi RMB Capital
Chicago,
Illinois
| – | -$159K | -10,648 | Closed |
|
|
WAM
12
Wolverine Asset Management
Chicago,
Illinois
| – | -$20K | -1,367 | Closed |
|
|
13
Citigroup
New York
| – | -$13.6K | -899 | -99% |
|
BZM Hedge Fund Activity: Q1 2016 in Review
11 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in BlackRock Maryland Municipal Bond Trust (BZM) for Q1 2016, worth a combined $854K — down 2.5% from $876K a quarter earlier.
Fund positioning in BZM was balanced in Q1 2016: 2 funds opened new positions, 2 closed out, 2 added to existing stakes and 4 trimmed.
The largest buyer was PNC Financial Services Group, opening a new position worth an estimated $112K. The largest seller was Curi RMB Capital, exiting entirely with an estimated $159K sold.
- 11 institutional investors held BlackRock Maryland Municipal Bond Trust (BZM) as of Q1 2016, unchanged from Q4 2015.
- Funds reported $854K of BlackRock Maryland Municipal Bond Trust stock for Q1 2016, down 2.5% quarter-over-quarter.
- 2 funds opened new BlackRock Maryland Municipal Bond Trust positions in Q1 2016 and 2 closed out, a net change of 0 holders.
- The largest BlackRock Maryland Municipal Bond Trust buyer in Q1 2016 was PNC Financial Services Group, an estimated $112K added.
- The largest BlackRock Maryland Municipal Bond Trust seller in Q1 2016 was Curi RMB Capital, an estimated $159K sold.
Based on aggregated 13F filings for Q1 2016.