BlackRock Maryland Municipal Bond Trust
BZM was delisted on the 16th of April, 2021.
10 hedge funds and large institutions have $914K invested in BlackRock Maryland Municipal Bond Trust in 2017 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 1 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
9% less funds holding
Funds holding: 11 → 10 (-1)
10% less capital invested
Capital invested by funds: $1.02M → $914K (-$103K)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$71.1K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$42.5K |
| 3 |
Morgan Stanley
New York
|
+$14.2K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$3.67K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$225K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$14.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Bank of America
Charlotte,
North Carolina
| $224K | -$14.2K | -1,000 | -6% |
|
|
WAM
2
Wolverine Asset Management
Chicago,
Illinois
| $140K | +$71.1K | +5,020 | +103% |
|
|
SSB
3
Sandy Spring Bank
Olney,
Maryland
| $123K | – | – | – |
|
|
4
Morgan Stanley
New York
| $115K | +$14.2K | +1,000 | +14% |
|
|
5
Wells Fargo
San Francisco,
California
| $105K | +$42.5K | +3,000 | +68% |
|
6
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $99K | – | – | – |
|
7
Royal Bank of Canada
Toronto,
Ontario, Canada
| $53K | – | – | – |
|
|
8
UBS Group
Zurich,
Switzerland
| $30K | +$3.67K | +259 | +14% |
|
|
AG
9
Advisor Group
Phoenix,
Arizona
| $23K | – | – | – |
|
|
BWA
10
Burt Wealth Advisors
North Bethesda,
Maryland
| $2K | – | – | – |
|
|
CRC
11
Curi RMB Capital
Chicago,
Illinois
| – | -$225K | -15,945 | Closed |
|
BZM Hedge Fund Activity: Q1 2017 in Review
10 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in BlackRock Maryland Municipal Bond Trust (BZM) for Q1 2017, worth a combined $914K — down 10% from $1.02M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of BZM and 0 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 4 added.
The largest buyer was Wolverine Asset Management, adding an estimated $71.1K. The largest seller was Curi RMB Capital, exiting entirely with an estimated $225K sold.
- 10 institutional investors held BlackRock Maryland Municipal Bond Trust (BZM) as of Q1 2017, down from 11 in Q4 2016.
- Funds reported $914K of BlackRock Maryland Municipal Bond Trust stock for Q1 2017, down 10% quarter-over-quarter.
- 0 funds opened new BlackRock Maryland Municipal Bond Trust positions in Q1 2017 and 1 closed out, a net change of -1 holder.
- The largest BlackRock Maryland Municipal Bond Trust buyer in Q1 2017 was Wolverine Asset Management, an estimated $71.1K added.
- The largest BlackRock Maryland Municipal Bond Trust seller in Q1 2017 was Curi RMB Capital, an estimated $225K sold.
Based on aggregated 13F filings for Q1 2017.