Vault-13

BLACKROCK MUN TARGET TERM TR BTT

COM SHS BEN IN · Closed-End Fund · CUSIP 09257P105

120 institutional holders +12 vs Q3 2022
15,487,04015.5m shares reported held*
$329.9mreported value*
21 new 34 added 36 reduced 11 sold out net bought ≈ $47.5m (+2.2m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $21.30. Options: 1 managers hold calls ($0 notional), 1 hold puts ($0).

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 108Q4 22: 120120Q3 22Q4 22
Numbers
QuarterHolders
Q3 2022108
Q4 2022120

Biggest buyers

Karpus Management, Inc. Added +1,202,797+1.2m
RIVERNORTH CAPITAL MANAGEMENT, LLC Added +1,016,988+1.0m
Cerity Partners LLC New +141,950+141.9k
Merit Financial Group, LLC New +89,170+89.2k
Hennion & Walsh Asset Management, Inc. Added +85,656+85.7k
Weiss Asset Management LP New +83,983+84.0k
SENTINEL TRUST CO LBA Added +81,255+81.3k
Logan Stone Capital, LLC New +62,462+62.5k
Jefferies Financial Group Inc. New +51,913+51.9k
Clear Harbor Asset Management, LLC Added +34,483+34.5k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -282,370-282.4k
Geneva Partners, LLC Sold out -126,406-126.4k
Sterling Investment Advisors, Ltd. Sold out -45,700-45.7k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -43,271-43.3k
STIFEL FINANCIAL CORP Reduced -34,163-34.2k
RAYMOND JAMES & ASSOCIATES Reduced -33,937-33.9k
Cetera Investment Advisers Sold out -32,184-32.2k
Steward Partners Investment Advisory, LLC Reduced -29,484-29.5k
UBS Group AG Reduced -28,835-28.8k
GILL CAPITAL PARTNERS, LLC Reduced -23,637-23.6k

Biggest calls

Biggest puts

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Karpus Management, Inc. 13G · institution +1.3 pts · filed 2025-11-14 6.9% +1.3 pts 4.4m≈ $100.3m 2025-11-14

Insider purchases and sales in Q4 2022

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q4 2022.

Holders, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,684,7301.7m $35.9m $35.9m 0.00% Reduced -282.4k -282,370
2 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,618,8501.6m $34.5m $34.5m 0.00% Added +23.7k +23,734
3 MacKay Shields LLC 0.76% of their portfolio New York, NY 1,401,7011.4m $29.8m $29.8m 0.76% Unchanged
4 Karpus Management, Inc. 0.90% of their portfolio Pittsford, NY 1,247,5181.2m $26.6m $26.6m 0.90% Added +1.2m +1,202,797
5 RIVERNORTH CAPITAL MANAGEMENT, LLC 1.11% of their portfolio WEST PALM BEACH, FL 1,160,4161.2m $24.7m $24.7m 1.11% Added +1.0m +1,016,988
6 Allspring Global Investments Holdings, LLC 0.04% of their portfolio CHARLOTTE, NC 1,036,1061.0m $22.1m $22.1m 0.04% Added +27.1k +27,121
7 UBS Group AG 0.01% of their portfolio ZURICH, V8 914,309914.3k $19.5m $19.5m 0.01% Reduced -28.8k -28,835
8 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 605,925605.9k $12.9m $12.9m 0.02% Reduced -34.2k -34,163
9 Narwhal Capital Management 1.51% of their portfolio MARIETTA, GA 531,990532.0k $11.3m $11.3m 1.51% Reduced -1.3k -1,318
10 WealthBridge Capital Management, LLC 4.35% of their portfolio WESTERVILLE, OH 489,036489.0k $10.4m $10.4m 4.35% Reduced -17.4k -17,433
11 VAN ECK ASSOCIATES CORP 0.02% of their portfolio NEW YORK, NY 308,915308.9k $6.6m $6.6m 0.02% Reduced -7.6k -7,558
12 Veritable, L.P. 0.09% of their portfolio Newtown Square, PA 232,214232.2k $4.9m $4.9m 0.09% Reduced -15.8k -15,812
13 WALTER & KEENAN WEALTH MANAGEMENT LLC /IN/ /ADV 1.77% of their portfolio SOUTH BEND, IN 211,546211.5k $4.5m $4.5m 1.77% Reduced -2.7k -2,671
14 Hennion & Walsh Asset Management, Inc. 0.28% of their portfolio Parsippany, NJ 210,838210.8k $4.5m $4.5m 0.28% Added +85.7k +85,656
15 GILL CAPITAL PARTNERS, LLC 1.93% of their portfolio DENVER, CO 192,244192.2k $4.1m $4.1m 1.93% Reduced -23.6k -23,637
16 XML Financial, LLC 0.50% of their portfolio BETHESDA, MD 185,861185.9k $4.0m $4.0m 0.50% Added +3.6k +3,600
17 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 164,417164.4k $3.5m $3.5m 0.00% Reduced -33.9k -33,937
18 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 154,889154.9k $3.3m $3.3m 0.00% Added +4.8k +4,765
19 Amplius Wealth Advisors, LLC 0.52% of their portfolio BLUE BELL, PA 152,456152.5k $3.2m $3.2m 0.52% Reduced -19.4k -19,395
20 Cerity Partners LLC 0.02% of their portfolio NEW YORK, NY 141,950141.9k $3.0m $3.0m 0.02% New
21 Steward Partners Investment Advisory, LLC 0.05% of their portfolio STAMFORD, CT 136,631136.6k $2.9m $2.9m 0.05% Reduced -29.5k -29,484
22 Waterfront Wealth Inc. 0.98% of their portfolio OVERLAND PARK, KS 128,630128.6k $2.8m $2.8m 0.98% Added +8.8k +8,777
23 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 113,250113.2k $2.4m $2.4m 0.00% Reduced -5.0k -4,974
24 Advisory Services Network, LLC 0.06% of their portfolio ATLANTA, GA 96,36696.4k $2.1m $2.1m 0.06% Added +29.1k +29,110
25 SENTINEL TRUST CO LBA 0.32% of their portfolio HOUSTON, TX 94,65594.7k $2.0m $2.0m 0.32% Added +81.3k +81,255
26 Merit Financial Group, LLC 0.07% of their portfolio ALPHARETTA, GA 89,17089.2k $1.9m $1.9m 0.07% New
27 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 88,33288.3k $1.9m $1.9m 0.00% Reduced -2.0k -1,987
28 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 86,46186.5k $1.8m $1.8m 0.01% Added +750 +750
29 Weiss Asset Management LP 0.09% of their portfolio BOSTON, MA 83,98384.0k $1.8m $1.8m 0.09% New
30 LexAurum Advisors, LLC 0.63% of their portfolio OVERLAND PARK, KS 83,19483.2k $1.8m $1.8m 0.63% Reduced -547 -547
31 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 77,79477.8k $1.7m $1.7m 0.00% Reduced -3.8k -3,844
32 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 74,76574.8k $1.6m $1.6m 0.00% Reduced -8.1k -8,131
33 ARBOR CAPITAL MANAGEMENT INC /ADV 1.35% of their portfolio ANCHORAGE, AK 70,73970.7k $1.5m $1.5m 1.35% Reduced -2.4k -2,366
34 Clear Harbor Asset Management, LLC 0.18% of their portfolio Stamford, CT 67,36167.4k $1.4m $1.4m 0.18% Added +34.5k +34,483
35 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 63,38363.4k $1.3m $1.3m 0.00% Reduced -43.3k -43,271
36 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 63,37663.4k $1.3m $1.3m 0.00% Reduced -17.8k -17,816
37 Logan Stone Capital, LLC 0.50% of their portfolio CHICAGO, IL 62,46262.5k $1.3m $1.3m 0.50% New
38 PINNACLE ASSOCIATES LTD 0.03% of their portfolio NEW YORK, NY 58,98059.0k $1.3m $1.3m 0.03% Added +9.3k +9,317
39 Jacobi Capital Management LLC 0.14% of their portfolio PITTSTON, PA 52,55252.6k $1.1m $1.1m 0.14% Added +8.1k +8,084
40 Jefferies Financial Group Inc. 0.02% of their portfolio NEW YORK, NY 51,91351.9k $1.1m $1.1m 0.02% New
41 Anchor Investment Management, LLC 0.16% of their portfolio COLUMBIA, SC 50,79950.8k $1.1m $1.1m 0.16% Added +1.2k +1,202
42 TrinityPoint Wealth, LLC 0.24% of their portfolio MILFORD, CT 48,54448.5k $1.0m $1.0m 0.24% Reduced -1.7k -1,748
43 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 46,42946.4k $989.0k $989.0k 0.00% Reduced -565 -565
44 M&T Bank Corp 0.00% of their portfolio BUFFALO, NY 45,60045.6k $970.8k $970.8k 0.00% Added +30.6k +30,600
45 Private Advisor Group, LLC 0.03% of their portfolio MORRISTOWN, NJ 44,91944.9k $956.0k $956.0k 0.03% Added +302 +302
46 PALO ALTO WEALTH ADVISORS, LLC 0.81% of their portfolio PALO ALTO, CA 44,79844.8k $953.7k $953.7k 0.81% First filing
47 Oder Investment Management, LLC 1.18% of their portfolio WOODLAND HILLS, CA 44,60544.6k $949.6k $949.6k 1.18% Added +3.8k +3,841
48 Lehman & Derafelo Financial Resources LLC 0.25% of their portfolio MEDIA, PA 40,30440.3k $858.1k $858.1k 0.25% Reduced -4.7k -4,696
49 Breakwater Capital Group 0.40% of their portfolio PARAMUS, NJ 36,12536.1k $769.1k $769.1k 0.40% First filing
50 HARVEY CAPITAL MANAGEMENT INC 0.29% of their portfolio PALM BEACH, FL 32,60032.6k $694.1k $694.1k 0.29% Unchanged
51 Lido Advisors, LLC 0.01% of their portfolio Los Angeles, CA 31,42631.4k $669.1k $669.1k 0.01% Unchanged
52 Chicago Partners Investment Group LLC 0.04% of their portfolio CHICAGO, IL 26,89626.9k $593.9k $593.9k 0.04% Added +190 +190
53 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.08% of their portfolio Englewood, NJ 25,80625.8k $549.4k $549.4k 0.08% Added +15.2k +15,250
54 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 0.02% of their portfolio MINNEAPOLIS, MN 25,57525.6k $544.5k $544.5k 0.02% New
55 ENCOMPASS WEALTH ADVISORS, LLC 0.19% of their portfolio PORTLAND, OR 24,40024.4k $519.5k $519.5k 0.19% Unchanged
56 Successful Portfolios LLC 0.33% of their portfolio CLEARWATER, FL 23,80723.8k $507.0k $507.0k 0.33% Reduced -800 -800
57 Covenant Asset Management, LLC 0.17% of their portfolio CHESTER, NJ 21,86021.9k $465.4k $465.4k 0.17% Added +910 +910
58 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 21,53021.5k $458.4k $458.4k 0.00% Reduced -5.5k -5,491
59 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 21,46221.5k $457.0k $457.0k 0.00% Reduced -926 -926
60 CWM, LLC 0.00% of their portfolio OMAHA, NE 20,69420.7k $441.0k $441.0k 0.00% Added +13.0k +13,000
61 Summit Financial Wealth Advisors, LLC 0.10% of their portfolio Lafayette, LA 20,42520.4k $434.8k $434.8k 0.10% Unchanged
62 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 19,88619.9k $423.0k $423.0k 0.01% Added +32 +32
63 Avior Wealth Management, LLC 0.03% of their portfolio OMAHA, NE 19,08119.1k $406.2k $406.2k 0.03% Reduced -424 -424
64 Wealthcare Advisory Partners LLC 0.02% of their portfolio WEST CHESTER, PA 18,51318.5k $394.1k $394.1k 0.02% Added +43 +43
65 Tamar Securities, LLC 0.12% of their portfolio Woodland Hills, CA 17,46117.5k $371.8k $371.8k 0.12% Added +9 +9
66 TRANSCEND CAPITAL ADVISORS, LLC 0.04% of their portfolio MADISON, NJ 17,04317.0k $362.8k $362.8k 0.04% Reduced -14.2k -14,181
67 Icon Wealth Advisors, LLC 0.04% of their portfolio HOUSTON, TX 16,82516.8k $358.2k $358.2k 0.04% Unchanged
68 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 15,74415.7k $335.2k $335.2k 0.00% Added +157 +157
69 ACCESS FINANCIAL SERVICES, INC. 0.20% of their portfolio MINNEAPOLIS, MN 15,07615.1k $321.0k $321.0k 0.20% Reduced -4.6k -4,583
70 Joel Isaacson & Co., LLC 0.02% of their portfolio NEW YORK, NY 15,00015.0k $319.4k $319.4k 0.02% Unchanged
71 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 14,67414.7k $312.4k $312.4k 0.00% Unchanged
72 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 14,46814.5k $308.0k $308.0k 0.00% Added +76 +76
73 Cetera Advisor Networks LLC 0.00% of their portfolio EL SEGUNDO, CA 13,76913.8k $293.1k $293.1k 0.00% Added +2.2k +2,220
74 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 13,50613.5k $287.5k $287.5k 0.00% New
75 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 13,28113.3k $282.8k $282.8k 0.00% Unchanged
76 Compass Financial Group, INC/SD 0.10% of their portfolio Sioux Falls, SD 13,14913.1k $280.0k $280.0k 0.10% First filing
77 HORIZON KINETICS ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 12,95012.9k $275.7k $275.7k 0.00% Unchanged
78 AQR Arbitrage LLC 0.01% of their portfolio Greenwich, CT 12,16012.2k $258.9k $258.9k 0.01% New
79 Virtu Financial LLC 0.03% of their portfolio New York, NY 12,07712.1k $257.0k $257.0k 0.03% New
80 Per Stirling Capital Management, LLC. 0.04% of their portfolio AUSTIN, TX 11,55411.6k $246.0k $246.0k 0.04% First filing
81 Laidlaw Wealth Management LLC 0.05% of their portfolio NEW YORK CITY, NY 11,52011.5k $245.3k $245.3k 0.05% Unchanged
82 WILBANKS SMITH & THOMAS ASSET MANAGEMENT LLC 0.01% of their portfolio NORFOLK, VA 11,00011.0k $234.2k $234.2k 0.01% Unchanged
83 Strategic Wealth Investment Group, LLC 0.06% of their portfolio LOUISVILLE, KY 10,95911.0k $243.6k $243.6k 0.06% Added +24 +24
84 Equitable Holdings, Inc. 0.00% of their portfolio NEW YORK, NY 10,94510.9k $233.0k $233.0k 0.00% New
85 WEDBUSH SECURITIES INC 0.01% of their portfolio PASADENA, CA 10,84710.8k $231.0k $231.0k 0.01% Added +716 +716
86 Western Wealth Management, LLC 0.02% of their portfolio GOLDEN, CO 10,79510.8k $229.8k $229.8k 0.02% Reduced -10.8k -10,795
87 KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio AUSTIN, TX 10,67410.7k $227.3k $227.3k 0.01% Reduced -2.5k -2,491
88 HARBOR INVESTMENT ADVISORY, LLC 0.04% of their portfolio LUTHERVILLE, MD 10,61310.6k $226.0k $226.0k 0.04% Unchanged
89 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 10,60510.6k $225.8k $225.8k 0.01% New
90 Magnus Financial Group LLC 0.04% of their portfolio NEW YORK, NY 10,20510.2k $217.3k $217.3k 0.04% Reduced -2.0k -2,000
91 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 10,00310.0k $213.0k $213.0k 0.00% Added +2 +2
92 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 9,9199.9k $211.2k $211.2k 0.00% Added +9.6k +9,614
93 Alterity Financial Group, LLC 0.34% of their portfolio BANGOR, ME 9,7309.7k $207.1k $207.1k 0.34% Reduced -1.0k -1,027
94 Alan B Lancz & Associates, Inc. 0.17% of their portfolio TOLEDO, OH 7,8007.8k $170.6k $170.6k 0.17% Unchanged
95 CARY STREET PARTNERS INVESTMENT ADVISORY LLC 0.01% of their portfolio RICHMOND, VA 7,7147.7k $164.2k $164.2k 0.01% New
96 Bramshill Investments, LLC 0.02% of their portfolio NAPLES, FL 6,7776.8k $144.3k $144.3k 0.02% Reduced -665 -665
97 BESSEMER GROUP INC 0.00% of their portfolio WOODBRIDGE, NJ 6,1086.1k $130.0k $130.0k 0.00% Unchanged
98 Tortoise Investment Management, LLC 0.02% of their portfolio WHITE PLAINS, NY 5,7005.7k $121.4k $121.4k 0.02% Unchanged
99 Colonial Trust Co / SC 0.03% of their portfolio SPARTANBURG, SC 5,0005.0k $106.5k $106.5k 0.03% New
100 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 4,6554.7k $99.1k $99.1k 0.00% Added +48 +48