BLACKROCK MUN TARGET TERM TR BTT
COM SHS BEN IN · Closed-End Fund · CUSIP 09257P105
* 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 ≈ $20.80. Options: 1 managers hold calls ($0 notional), 1 hold puts ($0).
Trends to Q4 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 108 |
| Q4 2022 | 120 |
| Q1 2023 | 117 |
| Q2 2023 | 119 |
| Q3 2023 | 115 |
| Q4 2023 | 127 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 55 | 47 |
| Q1 2023 | 54 | 45 |
| Q2 2023 | 48 | 55 |
| Q3 2023 | 49 | 56 |
| Q4 2023 | 55 | 56 |
Biggest buyers
| MORGAN STANLEY | Added | +1.3m |
| Karpus Management, Inc. | Added | +623.2k |
| Logan Stone Capital, LLC | Added | +586.1k |
| 1607 Capital Partners, LLC | Added | +201.8k |
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD | New | +186.3k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. | Added | +148.4k |
| SENTINEL TRUST CO LBA | Added | +75.7k |
| Eldridge Investment Advisors, Inc. | New | +70.9k |
| Relative Value Partners Group, LLC | New | +68.3k |
| VAN ECK ASSOCIATES CORP | Added | +63.7k |
Biggest sellers
| BANK OF AMERICA CORP /DE/ | Reduced | -182.9k |
| GILL CAPITAL PARTNERS, LLC | Reduced | -117.6k |
| UBS Group AG | Reduced | -88.3k |
| ROBINSON CAPITAL MANAGEMENT, LLC | Sold out | -70.0k |
| WealthBridge Capital Management, LLC | Reduced | -62.7k |
| CITADEL ADVISORS LLC | Sold out | -48.0k |
| STIFEL FINANCIAL CORP | Reduced | -46.7k |
| RAYMOND JAMES & ASSOCIATES | Reduced | -46.6k |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | Reduced | -41.8k |
| Raymond James Financial Services Advisors, Inc. | Reduced | -41.6k |
Biggest calls
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
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.
| Holder | Stake |
|---|---|
| Karpus Management, Inc. 13G · institution +1.3 pts · filed 2025-11-14 | 6.9% |
Insider purchases and sales in Q4 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 Q4 2023.
Holders, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.00% of their portfolio | 3.1m $64.0m | Added +1.3m |
| Karpus Management, Inc. 1.59% of their portfolio | 2.5m $52.3m | Added +623.2k |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 2.14% of their portfolio | 2.1m $44.6m | Reduced -16.6k |
| MacKay Shields LLC 0.85% of their portfolio | 1.4m $29.2m | Unchanged |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.2m $24.2m | Reduced -182.9k |
| Allspring Global Investments Holdings, LLC 0.04% of their portfolio | 1.1m $23.1m | Added +49.7k |
| UBS Group AG 0.01% of their portfolio | 775.2k $16.1m | Reduced -88.3k |
| Logan Stone Capital, LLC 2.65% of their portfolio | 629.8k $13.1m | Added +586.1k |
| Narwhal Capital Management 1.21% of their portfolio | 533.2k $11.1m | Reduced -12.1k |
| Merit Financial Group, LLC 0.33% of their portfolio | 522.5k $10.9m | Reduced -9.5k |
| VAN ECK ASSOCIATES CORP 0.02% of their portfolio | 519.7k $10.8m | Added +63.7k |
| Rockefeller Capital Management L.P. 0.04% of their portfolio | 514.0k $10.7m | Added +9.5k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 485.4k $10.1m | Reduced -46.7k |
| WealthBridge Capital Management, LLC 2.49% of their portfolio | 319.0k $6.6m | Reduced -62.7k |
| Hennion & Walsh Asset Management, Inc. 0.34% of their portfolio | 282.6k $5.9m | Reduced -3.3k |
| 1607 Capital Partners, LLC 0.40% of their portfolio | 273.7k $5.7m | Added +201.8k |
| SENTINEL TRUST CO LBA 0.66% of their portfolio | 242.7k $5.0m | Added +75.7k |
| AQR Arbitrage LLC 0.20% of their portfolio | 233.0k $4.8m | Added +35.5k |
| Cerity Partners LLC 0.02% of their portfolio | 228.1k $4.7m | Added +32.3k |
| Pathstone Holdings, LLC 0.02% of their portfolio | 205.5k $4.3m | First filing |
| WALTER & KEENAN WEALTH MANAGEMENT LLC /IN/ /ADV 1.47% of their portfolio | 197.3k $4.1m | Reduced -3.9k |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.35% of their portfolio | 188.9k $3.9m | Added +148.4k |
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.32% of their portfolio | 186.3k $3.9m | New |
| LPL Financial LLC 0.00% of their portfolio | 181.9k $3.8m | Reduced -16.5k |
| Jacobi Capital Management LLC 0.35% of their portfolio | 163.0k $3.4m | Added +1.0k |
| Steward Partners Investment Advisory, LLC 0.04% of their portfolio | 156.4k $3.3m | Added +24.7k |
| Amplius Wealth Advisors, LLC 0.34% of their portfolio | 136.4k $2.8m | Reduced -13.3k |
| Waterfront Wealth Inc. 0.73% of their portfolio | 118.9k $2.5m | Reduced -4.3k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 116.3k $2.4m | Reduced -46.6k |
| Advisors Asset Management, Inc. 0.05% of their portfolio | 115.9k $2.4m | Added +44.9k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 103.4k $2.2m | Added +16.5k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 102.7k $2.1m | Added +9.6k |
| GILL CAPITAL PARTNERS, LLC 0.77% of their portfolio | 88.3k $1.8m | Reduced -117.6k |
| Almitas Capital LLC 0.62% of their portfolio | 87.1k $1.8m | Added +53.7k |
| Gridiron Partners, LLC 1.11% of their portfolio | 75.9k $1.6m | First filing |
| LexAurum Advisors, LLC 0.41% of their portfolio | 75.0k $1.6m | Reduced -3.9k |
| Eldridge Investment Advisors, Inc. 0.39% of their portfolio | 70.9k $1.5m | New |
| Relative Value Partners Group, LLC 0.09% of their portfolio | 68.3k $1.4m | New |
| Baird Financial Group, Inc. 0.00% of their portfolio | 63.5k $1.3m | Reduced -1.9k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 59.7k $1.2m | Added +2.6k |
| Advisory Services Network, LLC 0.03% of their portfolio | 59.6k $1.2m | Reduced -166 |
| Hara Capital LLC 0.87% of their portfolio | 59.5k $1.2m | First filing |
| Weiss Asset Management LP 0.09% of their portfolio | 59.4k $1.2m | New |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 59.0k $1.2m | Reduced -41.6k |
| Anchor Investment Management, LLC 0.14% of their portfolio | 58.0k $1.2m | Added +4.8k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 57.6k $1.2m | Reduced -5.3k |
| PINNACLE ASSOCIATES LTD 0.02% of their portfolio | 57.1k $1.2m | Reduced -2.0k |
| Dakota Wealth Management 0.04% of their portfolio | 54.5k $1.1m | Added +12.5k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 52.0k $1.1m | Reduced -1.1k |
| MONETA GROUP INVESTMENT ADVISORS LLC 0.02% of their portfolio | 50.6k $1.1m | Reduced -4.0k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 46.6k $969.4k | Added +20.8k |
| Integrated Wealth Concepts LLC 0.02% of their portfolio | 45.3k $942.8k | Reduced -1.6k |
| EP Wealth Advisors, LLC 0.01% of their portfolio | 45.3k $942.3k | Unchanged |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 42.4k $882.0k | Reduced -11.7k |
| CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 0.02% of their portfolio | 41.9k $871.3k | Reduced -14.0k |
| Oder Investment Management, LLC 0.85% of their portfolio | 41.2k $856.7k | Reduced -2.1k |
| Private Advisor Group, LLC 0.01% of their portfolio | 40.9k $851.3k | Reduced -190 |
| GUGGENHEIM CAPITAL LLC 0.01% of their portfolio | 40.4k $839.9k | Added +11.9k |
| Beverly Hills Private Wealth, LLC 0.19% of their portfolio | 35.8k $744.7k | New |
| Tortoise Investment Management, LLC 0.09% of their portfolio | 32.3k $672.4k | Added +20.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 31.4k $652.6k | New |
| CWM, LLC 0.00% of their portfolio | 30.8k $641.0k | Added +58 |
| Virtu Financial LLC 0.05% of their portfolio | 27.6k $574.0k | Reduced -2.1k |
| TrinityPoint Wealth, LLC 0.10% of their portfolio | 27.3k $567.2k | Reduced -7.9k |
| Andrew Hill Investment Advisors, Inc. 0.57% of their portfolio | 26.5k $551.3k | First filing |
| COHEN & STEERS, INC. 0.00% of their portfolio | 25.0k $520.0k | New |
| ENCOMPASS WEALTH ADVISORS, LLC 0.15% of their portfolio | 24.4k $507.5k | Unchanged |
| Successful Portfolios LLC 0.37% of their portfolio | 23.6k $491.0k | Added +1.0k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 23.5k $489.1k | Unchanged |
| Jefferies Financial Group Inc. 0.01% of their portfolio | 23.2k $482.5k | Reduced -6.8k |
| Covenant Asset Management, LLC 0.13% of their portfolio | 22.8k $473.2k | Added +3.3k |
| WHALEROCK POINT PARTNERS, LLC 0.13% of their portfolio | 20.0k $416.0k | Unchanged |
| Seed Wealth Management, Inc. 0.42% of their portfolio | 19.8k $411.4k | Added +6.6k |
| Summit Financial Wealth Advisors, LLC 0.09% of their portfolio | 19.7k $409.2k | Unchanged |
| RAYMOND JAMES TRUST N.A. 0.01% of their portfolio | 19.4k $404.5k | Unchanged |
| OPPENHEIMER & CO INC 0.01% of their portfolio | 19.2k $398.6k | Reduced -974 |
| Wealthcare Advisory Partners LLC 0.01% of their portfolio | 18.0k $373.4k | Added +36 |
| NOMURA HOLDINGS INC 0.00% of their portfolio | 17.0k $353.6k | New |
| Stratos Wealth Partners, LTD. 0.01% of their portfolio | 17.0k $352.7k | Added +3.8k |
| Icon Wealth Advisors, LLC 0.04% of their portfolio | 16.8k $350.0k | First filing |
| Cresset Asset Management, LLC 0.00% of their portfolio | 16.7k $348.3k | Unchanged |
| TRANSCEND CAPITAL ADVISORS, LLC 0.03% of their portfolio | 15.9k $331.7k | Added +37 |
| Tamar Securities, LLC 0.06% of their portfolio | 15.8k $328.6k | Added +9 |
| Magnus Financial Group LLC 0.04% of their portfolio | 15.2k $316.8k | Reduced -3.3k |
| IEQ CAPITAL, LLC 0.01% of their portfolio | 15.2k $315.9k | Added +148 |
| PRIVATE TRUST CO NA 0.04% of their portfolio | 15.1k $315.1k | Added +147 |
| Creative Planning 0.00% of their portfolio | 14.8k $307.5k | Added +110 |
| Kestra Advisory Services, LLC 0.00% of their portfolio | 14.6k $302.8k | Added +1.0k |
| Cetera Advisor Networks LLC 0.00% of their portfolio | 13.6k $282.1k | Reduced -1.1k |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 13.3k $276.2k | Unchanged |
| MGB Wealth Management, LLC 0.14% of their portfolio | 13.2k $275.1k | First filing |
| JGP Wealth Management, LLC 0.04% of their portfolio | 13.0k $270.9k | New |
| Edge Wealth Management LLC 0.06% of their portfolio | 13.0k $270.4k | New |
| HORIZON KINETICS ASSET MANAGEMENT LLC 0.01% of their portfolio | 12.9k $269.4k | Unchanged |
| Smartleaf Asset Management LLC 0.07% of their portfolio | 12.9k $267.1k | First filing |
| Avior Wealth Management, LLC 0.02% of their portfolio | 12.8k $266.4k | Reduced -2.1k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 12.6k $262.0k | Reduced -1.5k |
| MML INVESTORS SERVICES, LLC 0.00% of their portfolio | 12.5k $261.0k | New |
| MELFA WEALTH MANAGEMENT, INC. 0.23% of their portfolio | 11.5k $240.2k | New |
| Tyche Wealth Partners LLC 0.06% of their portfolio | 11.4k $237.7k | First filing |