Vault-13

BLACKROCK MUN TARGET TERM TR BTT

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

117 institutional holders -3 vs Q4 2022
16,124,76616.1m shares reported held*
$350.4mreported value*
11 new 43 added 32 reduced 13 sold out net bought ≈ $14.9m (+677.3k 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 ($343.2k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $21.73. Options: 1 managers hold calls ($0 notional), 1 hold puts ($0).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 108Q4 22: 120Q1 23: 117117Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022108
Q4 2022120
Q1 2023117

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 22: 55 bought or addedQ4 22: 47 cut or sold outQ4 22Q1 23: 54 bought or addedQ1 23: 45 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20225547
Q1 20235445

Biggest buyers

RIVERNORTH CAPITAL MANAGEMENT, LLC Added +317,275+317.3k
MORGAN STANLEY Added +170,937+170.9k
Karpus Management, Inc. Added +164,513+164.5k
MONETA GROUP INVESTMENT ADVISORS LLC New +84,991+85.0k
VAN ECK ASSOCIATES CORP Added +59,598+59.6k
Jacobi Capital Management LLC Added +53,851+53.9k
COHEN & STEERS, INC. New +52,263+52.3k
Hennion & Walsh Asset Management, Inc. Added +52,032+52.0k
Merit Financial Group, LLC Added +40,329+40.3k
LPL Financial LLC Added +27,335+27.3k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -119,090-119.1k
Weiss Asset Management LP Sold out -83,983-84.0k
XML Financial, LLC Reduced -67,849-67.8k
M&T Bank Corp Sold out -45,600-45.6k
Veritable, L.P. Reduced -40,912-40.9k
STIFEL FINANCIAL CORP Reduced -30,696-30.7k
Advisory Services Network, LLC Reduced -24,938-24.9k
OSAIC HOLDINGS, INC. Reduced -16,500-16.5k
ACCESS FINANCIAL SERVICES, INC. Sold out -15,076-15.1k
Amplius Wealth Advisors, LLC Reduced -12,882-12.9k

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 Q1 2023

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 Q1 2023.

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,789,7871.8m $38.9m $38.9m 0.00% Added +170.9k +170,937
2 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,565,6401.6m $34.0m $34.0m 0.00% Reduced -119.1k -119,090
3 RIVERNORTH CAPITAL MANAGEMENT, LLC 1.55% of their portfolio WEST PALM BEACH, FL 1,477,6911.5m $32.1m $32.1m 1.55% Added +317.3k +317,275
4 Karpus Management, Inc. 0.96% of their portfolio Pittsford, NY 1,412,0311.4m $30.7m $30.7m 0.96% Added +164.5k +164,513
5 MacKay Shields LLC 0.84% of their portfolio New York, NY 1,401,7011.4m $30.4m $30.4m 0.84% Unchanged
6 Allspring Global Investments Holdings, LLC 0.04% of their portfolio CHARLOTTE, NC 1,059,3341.1m $23.0m $23.0m 0.04% Added +23.2k +23,228
7 UBS Group AG 0.01% of their portfolio ZURICH, V8 924,370924.4k $20.1m $20.1m 0.01% Added +10.1k +10,061
8 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 575,229575.2k $12.5m $12.5m 0.02% Reduced -30.7k -30,696
9 Narwhal Capital Management 1.45% of their portfolio MARIETTA, GA 532,362532.4k $11.6m $11.6m 1.45% Added +372 +372
10 WealthBridge Capital Management, LLC 4.18% of their portfolio WESTERVILLE, OH 483,424483.4k $10.5m $10.5m 4.18% Reduced -5.6k -5,612
11 VAN ECK ASSOCIATES CORP 0.02% of their portfolio NEW YORK, NY 368,513368.5k $8.0m $8.0m 0.02% Added +59.6k +59,598
12 Hennion & Walsh Asset Management, Inc. 0.35% of their portfolio Parsippany, NJ 262,870262.9k $5.7m $5.7m 0.35% Added +52.0k +52,032
13 WALTER & KEENAN WEALTH MANAGEMENT LLC /IN/ /ADV 1.83% of their portfolio SOUTH BEND, IN 221,994222.0k $4.8m $4.8m 1.83% Added +10.4k +10,448
14 GILL CAPITAL PARTNERS, LLC 2.07% of their portfolio DENVER, CO 213,225213.2k $4.6m $4.6m 2.07% Added +21.0k +20,981
15 Veritable, L.P. 0.07% of their portfolio Newtown Square, PA 191,302191.3k $4.2m $4.2m 0.07% Reduced -40.9k -40,912
16 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 182,224182.2k $4.0m $4.0m 0.00% Added +27.3k +27,335
17 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 170,236170.2k $3.7m $3.7m 0.00% Added +5.8k +5,819
18 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 141,950141.9k $3.1m $3.1m 0.01% Unchanged
19 Amplius Wealth Advisors, LLC 0.43% of their portfolio BLUE BELL, PA 139,574139.6k $3.0m $3.0m 0.43% Reduced -12.9k -12,882
20 Merit Financial Group, LLC 0.10% of their portfolio ALPHARETTA, GA 129,499129.5k $2.8m $2.8m 0.10% Added +40.3k +40,329
21 Steward Partners Investment Advisory, LLC 0.04% of their portfolio STAMFORD, CT 128,624128.6k $2.8m $2.8m 0.04% Reduced -8.0k -8,007
22 Waterfront Wealth Inc. 0.90% of their portfolio OVERLAND PARK, KS 126,559126.6k $2.7m $2.7m 0.90% Reduced -2.1k -2,071
23 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 119,031119.0k $2.6m $2.6m 0.00% Added +5.8k +5,781
24 XML Financial, LLC 0.31% of their portfolio BETHESDA, MD 118,012118.0k $2.6m $2.6m 0.31% Reduced -67.8k -67,849
25 Jacobi Capital Management LLC 0.27% of their portfolio PITTSTON, PA 106,403106.4k $2.3m $2.3m 0.27% Added +53.9k +53,851
26 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 95,35995.4k $2.1m $2.1m 0.00% Added +7.0k +7,027
27 SENTINEL TRUST CO LBA 0.29% of their portfolio HOUSTON, TX 94,65594.7k $2.1m $2.1m 0.29% Unchanged
28 MONETA GROUP INVESTMENT ADVISORS LLC 0.04% of their portfolio ST LOUIS, MO 84,99185.0k $1.8m $1.8m 0.04% New
29 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 82,81082.8k $1.8m $1.8m 0.01% Reduced -3.7k -3,651
30 LexAurum Advisors, LLC 0.58% of their portfolio OVERLAND PARK, KS 80,25980.3k $1.7m $1.7m 0.58% Reduced -2.9k -2,935
31 Logan Stone Capital, LLC 0.67% of their portfolio CHICAGO, IL 77,64277.6k $1.7m $1.7m 0.67% Added +15.2k +15,180
32 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 74,73674.7k $1.6m $1.6m 0.00% Reduced -3.1k -3,058
33 Clear Harbor Asset Management, LLC 0.17% of their portfolio Stamford, CT 73,37673.4k $1.6m $1.6m 0.17% Added +6.0k +6,015
34 ARBOR CAPITAL MANAGEMENT INC /ADV 1.26% of their portfolio ANCHORAGE, AK 72,38672.4k $1.6m $1.6m 1.26% Added +1.6k +1,647
35 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 71,92171.9k $1.6m $1.6m 0.00% Reduced -2.8k -2,844
36 Advisory Services Network, LLC 0.04% of their portfolio ATLANTA, GA 71,42871.4k $1.6m $1.6m 0.04% Reduced -24.9k -24,938
37 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 64,49764.5k $1.4m $1.4m 0.00% Added +1.1k +1,121
38 PINNACLE ASSOCIATES LTD 0.03% of their portfolio NEW YORK, NY 58,84058.8k $1.3m $1.3m 0.03% Reduced -140 -140
39 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 55,40555.4k $1.2m $1.2m 0.00% Reduced -8.0k -7,978
40 COHEN & STEERS, INC. 0.00% of their portfolio NEW YORK, NY 52,26352.3k $1.1m $1.1m 0.00% New
41 Jefferies Financial Group Inc. 0.02% of their portfolio NEW YORK, NY 51,91351.9k $1.1m $1.1m 0.02% Unchanged
42 TrinityPoint Wealth, LLC 0.23% of their portfolio MILFORD, CT 50,22750.2k $1.1m $1.1m 0.23% Added +1.7k +1,683
43 Anchor Investment Management, LLC 0.14% of their portfolio COLUMBIA, SC 48,60048.6k $1.1m $1.1m 0.14% Reduced -2.2k -2,199
44 Oder Investment Management, LLC 1.16% of their portfolio WOODLAND HILLS, CA 45,78745.8k $994.5k $994.5k 1.16% Added +1.2k +1,182
45 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 0.03% of their portfolio MINNEAPOLIS, MN 43,65143.7k $948.1k $948.1k 0.03% Added +18.1k +18,076
46 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 42,20242.2k $916.6k $916.6k 0.01% Reduced -2.7k -2,717
47 CWM, LLC 0.01% of their portfolio OMAHA, NE 34,19434.2k $743.0k $743.0k 0.01% Added +13.5k +13,500
48 PALO ALTO WEALTH ADVISORS, LLC 0.59% of their portfolio PALO ALTO, CA 33,62033.6k $732.4k $732.4k 0.59% Reduced -11.2k -11,178
49 Lido Advisors, LLC 0.01% of their portfolio Los Angeles, CA 31,42731.4k $682.6k $682.6k 0.01% Added +1 +1
50 Breakwater Capital Group 0.28% of their portfolio PARAMUS, NJ 30,48730.5k $662.2k $662.2k 0.28% Reduced -5.6k -5,638
51 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 29,92929.9k $649.5k $649.5k 0.00% Reduced -16.5k -16,500
52 Chicago Partners Investment Group LLC 0.03% of their portfolio CHICAGO, IL 27,02227.0k $583.4k $583.4k 0.03% Added +126 +126
53 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 25,71425.7k $558.5k $558.5k 0.00% New
54 ENCOMPASS WEALTH ADVISORS, LLC 0.18% of their portfolio PORTLAND, OR 24,40024.4k $530.0k $530.0k 0.18% Unchanged
55 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 23,82023.8k $517.4k $517.4k 0.00% Added +13.9k +13,901
56 HARVEY CAPITAL MANAGEMENT INC 0.20% of their portfolio PALM BEACH, FL 23,10023.1k $501.7k $501.7k 0.20% Reduced -9.5k -9,500
57 Successful Portfolios LLC 0.31% of their portfolio CLEARWATER, FL 22,80722.8k $495.4k $495.4k 0.31% Reduced -1.0k -1,000
58 Covenant Asset Management, LLC 0.15% of their portfolio CHESTER, NJ 21,86021.9k $474.8k $474.8k 0.15% Unchanged
59 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 21,46521.5k $466.0k $466.0k 0.00% Added +3 +3
60 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 20,51920.5k $445.7k $445.7k 0.00% Reduced -1.0k -1,011
61 Summit Financial Wealth Advisors, LLC 0.11% of their portfolio Lafayette, LA 20,42520.4k $443.6k $443.6k 0.11% Unchanged
62 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 19,90119.9k $432.0k $432.0k 0.01% Added +15 +15
63 TRANSCEND CAPITAL ADVISORS, LLC 0.04% of their portfolio MADISON, NJ 19,25819.3k $418.3k $418.3k 0.04% Added +2.2k +2,215
64 Avior Wealth Management, LLC 0.03% of their portfolio OMAHA, NE 18,68918.7k $405.9k $405.9k 0.03% Reduced -392 -392
65 RAYMOND JAMES TRUST N.A. 0.01% of their portfolio ST. PETERSBURG, FL 18,53018.5k $402.0k $402.0k 0.01% Not comparable
66 Wealthcare Advisory Partners LLC 0.02% of their portfolio WEST CHESTER, PA 18,43018.4k $400.3k $400.3k 0.02% Reduced -83 -83
67 Joel Isaacson & Co., LLC 0.03% of their portfolio NEW YORK, NY 18,09418.1k $393.0k $393.0k 0.03% Added +3.1k +3,094
68 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 17,03817.0k $370.1k $370.1k 0.00% Added +3.5k +3,532
69 Icon Wealth Partners, LLC 0.04% of their portfolio HOUSTON, TX 16,82516.8k $365.4k $365.4k 0.04% First filing
70 Tamar Securities, LLC 0.10% of their portfolio Woodland Hills, CA 16,47016.5k $357.7k $357.7k 0.10% Reduced -991 -991
71 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.05% of their portfolio Englewood, NJ 16,23116.2k $352.5k $352.5k 0.05% Reduced -9.6k -9,575
72 Dakota Wealth Management 0.02% of their portfolio PALM BEACH GARDENS, FL 15,80015.8k $343.2k $343.2k 0.02% New
73 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 15,74415.7k $342.0k $342.0k 0.00% Unchanged
74 GUGGENHEIM CAPITAL LLC 0.00% of their portfolio CHICAGO, IL 15,28315.3k $331.9k $331.9k 0.00% New
75 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 14,67414.7k $318.7k $318.7k 0.00% Unchanged
76 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 14,50214.5k $315.0k $315.0k 0.00% Added +34 +34
77 Cetera Advisor Networks LLC 0.00% of their portfolio EL SEGUNDO, CA 13,79813.8k $299.7k $299.7k 0.00% Added +29 +29
78 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 13,28113.3k $288.5k $288.5k 0.00% Unchanged
79 Compass Financial Group, INC/SD 0.09% of their portfolio Sioux Falls, SD 13,15213.2k $285.7k $285.7k 0.09% Added +3 +3
80 HORIZON KINETICS ASSET MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 12,95012.9k $281.3k $281.3k 0.01% Unchanged
81 SYNOVUS FINANCIAL CORP 0.00% of their portfolio Columbus, GA 12,29012.3k $266.9k $266.9k 0.00% New
82 Laidlaw Wealth Management LLC 0.05% of their portfolio NEW YORK CITY, NY 11,52011.5k $250.2k $250.2k 0.05% Unchanged
83 Magnus Financial Group LLC 0.04% of their portfolio NEW YORK, NY 11,50811.5k $249.9k $249.9k 0.04% Added +1.3k +1,303
84 WILBANKS SMITH & THOMAS ASSET MANAGEMENT LLC 0.01% of their portfolio NORFOLK, VA 11,00011.0k $238.9k $238.9k 0.01% Unchanged
85 Strategic Wealth Investment Group, LLC 0.04% of their portfolio LOUISVILLE, KY 10,95911.0k $238.0k $238.0k 0.04% New
86 WEDBUSH SECURITIES INC 0.01% of their portfolio PASADENA, CA 10,86310.9k $236.0k $236.0k 0.01% Added +16 +16
87 Western Wealth Management, LLC 0.02% of their portfolio GOLDEN, CO 10,79510.8k $234.5k $234.5k 0.02% Unchanged
88 HARBOR INVESTMENT ADVISORY, LLC 0.03% of their portfolio LUTHERVILLE, MD 10,61310.6k $230.5k $230.5k 0.03% Unchanged
89 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 10,60510.6k $230.3k $230.3k 0.01% Unchanged
90 Equitable Holdings, Inc. 0.00% of their portfolio NEW YORK, NY 10,46410.5k $227.3k $227.3k 0.00% Reduced -481 -481
91 KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio AUSTIN, TX 10,13310.1k $220.1k $220.1k 0.01% Reduced -541 -541
92 Virtu Financial LLC 0.02% of their portfolio New York, NY 9,99710.0k $217.0k $217.0k 0.02% Reduced -2.1k -2,080
93 Alterity Financial Group, LLC 0.30% of their portfolio BANGOR, ME 9,7309.7k $207.1k $207.1k 0.30% Unchanged
94 MELFA WEALTH MANAGEMENT, INC. 0.20% of their portfolio WESTBOROUGH, MA 9,2349.2k $200.6k $200.6k 0.20% New
95 Alan B Lancz & Associates, Inc. 0.18% of their portfolio TOLEDO, OH 7,8007.8k $169.4k $169.4k 0.18% Unchanged
96 CARY STREET PARTNERS INVESTMENT ADVISORY LLC 0.01% of their portfolio RICHMOND, VA 7,7147.7k $167.5k $167.5k 0.01% Unchanged
97 Tortoise Investment Management, LLC 0.02% of their portfolio WHITE PLAINS, NY 7,2007.2k $156.4k $156.4k 0.02% Added +1.5k +1,500
98 MRP Capital Investments, LLC 0.17% of their portfolio ALPHARETTA, GA 7,0007.0k $152.0k $152.0k 0.17% Added +3.0k +3,000
99 BESSEMER GROUP INC 0.00% of their portfolio WOODBRIDGE, NJ 6,1086.1k $133.0k $133.0k 0.00% Unchanged
100 Colonial Trust Co / SC 0.03% of their portfolio SPARTANBURG, SC 5,0005.0k $108.6k $108.6k 0.03% Unchanged