BlackRock Maryland Municipal Bond Trust
BZM was delisted on the 16th of April, 2021.
10 hedge funds and large institutions have $2.15M invested in BlackRock Maryland Municipal Bond Trust in 2019 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 2 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
0.65% less ownership
Funds ownership: 7.31% → 6.66% (-0.65%)
9% less funds holding
Funds holding: 11 → 10 (-1)
50% less capital inflows, than outflows
Capital inflows: $192K | Capital outflows: $383K
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CHA
Carmichael Hill & Associates
Gaithersburg,
Maryland
|
+$68K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$12.2K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.19K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$15 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Naples Global Advisors
Naples,
Florida
|
-$236K |
| 2 |
Wolverine Asset Management
Chicago,
Illinois
|
-$104K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$29.3K |
| 4 |
Morgan Stanley
New York
|
-$12.7K |
| 5 |
Fragasso Financial Advisors
Sewickley,
Pennsylvania
|
-$1.42K |
BZM Hedge Fund Activity: Q4 2019 in Review
10 of the 5,094 institutional investors tracked by Wall St. Rank reported a position in BlackRock Maryland Municipal Bond Trust (BZM) for Q4 2019, worth a combined $2.15M — down 1.8% from $2.19M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of BZM and 1 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 4 added.
The largest buyer was Carmichael Hill & Associates, adding an estimated $68K. The largest seller was Naples Global Advisors, exiting entirely with an estimated $236K sold.
- 10 institutional investors held BlackRock Maryland Municipal Bond Trust (BZM) as of Q4 2019, down from 11 in Q3 2019.
- Funds reported $2.15M of BlackRock Maryland Municipal Bond Trust stock for Q4 2019, down 1.8% quarter-over-quarter.
- 1 fund opened new BlackRock Maryland Municipal Bond Trust positions in Q4 2019 and 2 closed out, a net change of -1 holder.
- The largest BlackRock Maryland Municipal Bond Trust buyer in Q4 2019 was Carmichael Hill & Associates, an estimated $68K added.
- The largest BlackRock Maryland Municipal Bond Trust seller in Q4 2019 was Naples Global Advisors, an estimated $236K sold.
Based on aggregated 13F filings for Q4 2019.