BlackRock Maryland Municipal Bond Trust
BZM was delisted on the 16th of April, 2021.
10 hedge funds and large institutions have $1.95M invested in BlackRock Maryland Municipal Bond Trust in 2020 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 1 reducing their positions, and 2 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 1
3% more capital invested
Capital invested by funds: $1.9M → $1.95M (+$55K)
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 |
Bank of America
Charlotte,
North Carolina
|
+$142K |
| 2 |
PFGIA
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
|
+$108K |
| 3 |
Morgan Stanley
New York
|
+$69.6K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$26.8K |
| 5 |
CHA
Carmichael Hill & Associates
Gaithersburg,
Maryland
|
+$6.74K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Creative Planning
Overland Park,
Kansas
|
-$395K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$64K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$7.61K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Bank of America
Charlotte,
North Carolina
| $561K | +$142K | +9,500 | +36% |
|
|
CHA
2
Carmichael Hill & Associates
Gaithersburg,
Maryland
| $330K | +$6.74K | +452 | +2% |
|
|
FFA
3
Fragasso Financial Advisors
Sewickley,
Pennsylvania
| $221K | – | – | – |
|
|
NGA
4
Naples Global Advisors
Naples,
Florida
| $208K | – | – | – |
|
|
5
Royal Bank of Canada
Toronto,
Ontario, Canada
| $189K | +$26.8K | +1,798 | +17% |
|
|
6
Morgan Stanley
New York
| $167K | +$69.6K | +4,669 | +76% |
|
|
7
Wells Fargo
San Francisco,
California
| $143K | -$7.61K | -510 | -5% |
|
|
PFGIA
8
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| $112K | +$108K | +7,225 | New |
|
9
UBS Group
Zurich,
Switzerland
| $15K | +$2.46K | +165 | +20% |
|
10
Osaic Holdings
Scottsdale,
Arizona
| $6K | – | – | – |
|
|
11
Creative Planning
Overland Park,
Kansas
| – | -$395K | -28,235 | Closed |
|
|
WAM
12
Wolverine Asset Management
Chicago,
Illinois
| – | -$64K | -4,611 | Closed |
|
BZM Hedge Fund Activity: Q4 2020 in Review
10 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in BlackRock Maryland Municipal Bond Trust (BZM) for Q4 2020, worth a combined $1.95M — up 2.9% from $1.9M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of BZM and 1 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 5 added.
The largest buyer was Bank of America, adding an estimated $142K. The largest seller was Creative Planning, exiting entirely with an estimated $395K sold.
- 10 institutional investors held BlackRock Maryland Municipal Bond Trust (BZM) as of Q4 2020, down from 11 in Q3 2020.
- Funds reported $1.95M of BlackRock Maryland Municipal Bond Trust stock for Q4 2020, up 2.9% quarter-over-quarter.
- 1 fund opened new BlackRock Maryland Municipal Bond Trust positions in Q4 2020 and 2 closed out, a net change of -1 holder.
- The largest BlackRock Maryland Municipal Bond Trust buyer in Q4 2020 was Bank of America, an estimated $142K added.
- The largest BlackRock Maryland Municipal Bond Trust seller in Q4 2020 was Creative Planning, an estimated $395K sold.
Based on aggregated 13F filings for Q4 2020.