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
2% less capital invested
Capital invested by funds: $2.19M → $2.15M (-$40K)
9% less funds holding
Funds holding: 11 → 10 (-1)
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 |
NGA
Naples Global Advisors
Naples,
Florida
|
-$236K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$104K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$29.3K |
| 4 |
Morgan Stanley
New York
|
-$12.7K |
| 5 |
FFA
Fragasso Financial Advisors
Sewickley,
Pennsylvania
|
-$1.42K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Creative Planning
Overland Park,
Kansas
| $438K | – | – | – |
|
|
2
Bank of America
Charlotte,
North Carolina
| $320K | +$2.19K | +150 | +0.7% |
|
|
3
Morgan Stanley
New York
| $264K | -$12.7K | -868 | -5% |
|
|
4
Royal Bank of Canada
Toronto,
Ontario, Canada
| $250K | +$12.2K | +836 | +5% |
|
|
CHA
5
Carmichael Hill & Associates
Gaithersburg,
Maryland
| $241K | +$68K | +4,660 | +43% |
|
|
FFA
6
Fragasso Financial Advisors
Sewickley,
Pennsylvania
| $222K | -$1.42K | -97 | -0.7% |
|
|
7
Wells Fargo
San Francisco,
California
| $149K | +$15 | +1 | +0% |
|
|
SSB
8
Sandy Spring Bank
Olney,
Maryland
| $135K | – | – | – |
|
|
VCP
9
Verus Capital Partners
Scottsdale,
Arizona
| $117K | +$110K | +7,525 | New |
|
|
10
UBS Group
Zurich,
Switzerland
| $13K | -$29.3K | -2,012 | -71% |
|
|
NGA
11
Naples Global Advisors
Naples,
Florida
| – | -$236K | -16,400 | Closed |
|
|
WAM
12
Wolverine Asset Management
Chicago,
Illinois
| – | -$104K | -7,244 | Closed |
|
BZM Hedge Fund Activity: Q4 2019 in Review
10 of the 5,075 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.