BlackRock Maryland Municipal Bond Trust
BZM was delisted on the 16th of April, 2021.
12 hedge funds and large institutions have $1.74M invested in BlackRock Maryland Municipal Bond Trust in 2017 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
43% more capital invested
Capital invested by funds: $1.21M → $1.74M (+$522K)
9% more funds holding
Funds holding: 11 → 12 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$331K |
| 2 |
FFA
Fragasso Financial Advisors
Sewickley,
Pennsylvania
|
+$237K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$138K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$10.9K |
| 5 |
Morgan Stanley
New York
|
+$4.88K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$102K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$26.1K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$19.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Creative Planning
Overland Park,
Kansas
| $399K | – | – | – |
|
|
CRC
2
Curi RMB Capital
Chicago,
Illinois
| $323K | +$331K | +22,844 | New |
|
|
FFA
3
Fragasso Financial Advisors
Sewickley,
Pennsylvania
| $231K | +$237K | +16,377 | New |
|
|
4
Bank of America
Charlotte,
North Carolina
| $225K | +$10.9K | +750 | +5% |
|
|
WAM
5
Wolverine Asset Management
Chicago,
Illinois
| $153K | +$138K | +9,499 | +704% |
|
|
SSB
6
Sandy Spring Bank
Olney,
Maryland
| $123K | – | – | – |
|
|
7
Wells Fargo
San Francisco,
California
| $105K | -$19.9K | -1,375 | -16% |
|
|
8
Morgan Stanley
New York
| $99K | +$4.88K | +337 | +5% |
|
9
Royal Bank of Canada
Toronto,
Ontario, Canada
| $52K | – | – | – |
|
|
AG
10
Advisor Group
Phoenix,
Arizona
| $23K | – | – | – |
|
|
BWA
11
Burt Wealth Advisors
North Bethesda,
Maryland
| $2K | – | – | – |
|
|
12
UBS Group
Zurich,
Switzerland
| $1K | -$26.1K | -1,800 | -97% |
|
|
13
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$102K | -7,000 | Closed |
|
BZM Hedge Fund Activity: Q3 2017 in Review
12 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in BlackRock Maryland Municipal Bond Trust (BZM) for Q3 2017, worth a combined $1.74M — up 43% from $1.21M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new BZM positions and 1 closed out — a net gain of 1 holder — while 3 added to existing stakes and 2 trimmed.
The largest buyer was Curi RMB Capital, opening a new position worth an estimated $331K. The largest seller was PNC Financial Services Group, exiting entirely with an estimated $102K sold.
- 12 institutional investors held BlackRock Maryland Municipal Bond Trust (BZM) as of Q3 2017, up from 11 in Q2 2017.
- Funds reported $1.74M of BlackRock Maryland Municipal Bond Trust stock for Q3 2017, up 43% quarter-over-quarter.
- 2 funds opened new BlackRock Maryland Municipal Bond Trust positions in Q3 2017 and 1 closed out, a net change of +1 holder.
- The largest BlackRock Maryland Municipal Bond Trust buyer in Q3 2017 was Curi RMB Capital, an estimated $331K added.
- The largest BlackRock Maryland Municipal Bond Trust seller in Q3 2017 was PNC Financial Services Group, an estimated $102K sold.
Based on aggregated 13F filings for Q3 2017.