Vault-13

BLACKROCK MUN TARGET TERM TR BTT

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

127 institutional holders +12 vs Q3 2023
21,374,14921.4m shares reported held*
$444.7mreported value*
18 new 37 added 43 reduced 13 sold out net bought ≈ $60.6m (+2.9m 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 ≈ $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

050100150Q3 22: 108Q4 22: 120Q1 23: 117Q2 23: 119Q3 23: 115Q4 23: 127127Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022108
Q4 2022120
Q1 2023117
Q2 2023119
Q3 2023115
Q4 2023127

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 23Q2 23: 48 bought or addedQ2 23: 55 cut or sold outQ2 23Q3 23: 49 bought or addedQ3 23: 56 cut or sold outQ3 23Q4 23: 55 bought or addedQ4 23: 56 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20225547
Q1 20235445
Q2 20234855
Q3 20234956
Q4 20235556

Biggest buyers

MORGAN STANLEY Added +1,305,773+1.3m
Karpus Management, Inc. Added +623,183+623.2k
Logan Stone Capital, LLC Added +586,085+586.1k
1607 Capital Partners, LLC Added +201,753+201.8k
CITY OF LONDON INVESTMENT MANAGEMENT CO LTD New +186,254+186.3k
LANDSCAPE CAPITAL MANAGEMENT, L.L.C. Added +148,406+148.4k
SENTINEL TRUST CO LBA Added +75,680+75.7k
Eldridge Investment Advisors, Inc. New +70,916+70.9k
Relative Value Partners Group, LLC New +68,282+68.3k
VAN ECK ASSOCIATES CORP Added +63,730+63.7k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -182,895-182.9k
GILL CAPITAL PARTNERS, LLC Reduced -117,606-117.6k
UBS Group AG Reduced -88,257-88.3k
ROBINSON CAPITAL MANAGEMENT, LLC Sold out -70,029-70.0k
WealthBridge Capital Management, LLC Reduced -62,721-62.7k
CITADEL ADVISORS LLC Sold out -48,027-48.0k
STIFEL FINANCIAL CORP Reduced -46,733-46.7k
RAYMOND JAMES & ASSOCIATES Reduced -46,592-46.6k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -41,824-41.8k
Raymond James Financial Services Advisors, Inc. Reduced -41,610-41.6k

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 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

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,079,1463.1m $64.0m $64.0m 0.00% Added +1.3m +1,305,773
2 Karpus Management, Inc. 1.59% of their portfolio Pittsford, NY 2,512,2072.5m $52.3m $52.3m 1.59% Added +623.2k +623,183
3 RIVERNORTH CAPITAL MANAGEMENT, LLC 2.14% of their portfolio WEST PALM BEACH, FL 2,144,7772.1m $44.6m $44.6m 2.14% Reduced -16.6k -16,650
4 MacKay Shields LLC 0.85% of their portfolio New York, NY 1,401,7011.4m $29.2m $29.2m 0.85% Unchanged
5 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,162,9981.2m $24.2m $24.2m 0.00% Reduced -182.9k -182,895
6 Allspring Global Investments Holdings, LLC 0.04% of their portfolio CHARLOTTE, NC 1,109,0281.1m $23.1m $23.1m 0.04% Added +49.7k +49,694
7 UBS Group AG 0.01% of their portfolio ZURICH, V8 775,209775.2k $16.1m $16.1m 0.01% Reduced -88.3k -88,257
8 Logan Stone Capital, LLC 2.65% of their portfolio CHICAGO, IL 629,759629.8k $13.1m $13.1m 2.65% Added +586.1k +586,085
9 Narwhal Capital Management 1.21% of their portfolio MARIETTA, GA 533,223533.2k $11.1m $11.1m 1.21% Reduced -12.1k -12,122
10 Merit Financial Group, LLC 0.33% of their portfolio ALPHARETTA, GA 522,468522.5k $10.9m $10.9m 0.33% Reduced -9.5k -9,487
11 VAN ECK ASSOCIATES CORP 0.02% of their portfolio NEW YORK, NY 519,693519.7k $10.8m $10.8m 0.02% Added +63.7k +63,730
12 Rockefeller Capital Management L.P. 0.04% of their portfolio NEW YORK, NY 513,979514.0k $10.7m $10.7m 0.04% Added +9.5k +9,545
13 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 485,447485.4k $10.1m $10.1m 0.01% Reduced -46.7k -46,733
14 WealthBridge Capital Management, LLC 2.49% of their portfolio WESTERVILLE, OH 318,999319.0k $6.6m $6.6m 2.49% Reduced -62.7k -62,721
15 Hennion & Walsh Asset Management, Inc. 0.34% of their portfolio Parsippany, NJ 282,585282.6k $5.9m $5.9m 0.34% Reduced -3.3k -3,268
16 1607 Capital Partners, LLC 0.40% of their portfolio Richmond, VA 273,728273.7k $5.7m $5.7m 0.40% Added +201.8k +201,753
17 SENTINEL TRUST CO LBA 0.66% of their portfolio HOUSTON, TX 242,735242.7k $5.0m $5.0m 0.66% Added +75.7k +75,680
18 AQR Arbitrage LLC 0.20% of their portfolio Greenwich, CT 233,029233.0k $4.8m $4.8m 0.20% Added +35.5k +35,474
19 Cerity Partners LLC 0.02% of their portfolio NEW YORK, NY 228,075228.1k $4.7m $4.7m 0.02% Added +32.3k +32,269
20 Pathstone Holdings, LLC 0.02% of their portfolio ENGLEWOOD, NJ 205,510205.5k $4.3m $4.3m 0.02% First filing
21 WALTER & KEENAN WEALTH MANAGEMENT LLC /IN/ /ADV 1.47% of their portfolio SOUTH BEND, IN 197,267197.3k $4.1m $4.1m 1.47% Reduced -3.9k -3,913
22 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.35% of their portfolio Englewood, NJ 188,854188.9k $3.9m $3.9m 0.35% Added +148.4k +148,406
23 CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.32% of their portfolio London, X0 186,254186.3k $3.9m $3.9m 0.32% New
24 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 181,925181.9k $3.8m $3.8m 0.00% Reduced -16.5k -16,505
25 Jacobi Capital Management LLC 0.35% of their portfolio PITTSTON, PA 163,023163.0k $3.4m $3.4m 0.35% Added +1.0k +1,036
26 Steward Partners Investment Advisory, LLC 0.04% of their portfolio STAMFORD, CT 156,355156.4k $3.3m $3.3m 0.04% Added +24.7k +24,705
27 Amplius Wealth Advisors, LLC 0.34% of their portfolio BLUE BELL, PA 136,367136.4k $2.8m $2.8m 0.34% Reduced -13.3k -13,311
28 Waterfront Wealth Inc. 0.73% of their portfolio OVERLAND PARK, KS 118,892118.9k $2.5m $2.5m 0.73% Reduced -4.3k -4,287
29 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 116,289116.3k $2.4m $2.4m 0.00% Reduced -46.6k -46,592
30 Advisors Asset Management, Inc. 0.05% of their portfolio Monument, CO 115,947115.9k $2.4m $2.4m 0.05% Added +44.9k +44,925
31 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 103,426103.4k $2.2m $2.2m 0.00% Added +16.5k +16,491
32 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 102,669102.7k $2.1m $2.1m 0.00% Added +9.6k +9,613
33 GILL CAPITAL PARTNERS, LLC 0.77% of their portfolio DENVER, CO 88,34288.3k $1.8m $1.8m 0.77% Reduced -117.6k -117,606
34 Almitas Capital LLC 0.62% of their portfolio SANTA MONICA, CA 87,11587.1k $1.8m $1.8m 0.62% Added +53.7k +53,715
35 Gridiron Partners, LLC 1.11% of their portfolio Wexford, PA 75,85575.9k $1.6m $1.6m 1.11% First filing
36 LexAurum Advisors, LLC 0.41% of their portfolio OVERLAND PARK, KS 74,95875.0k $1.6m $1.6m 0.41% Reduced -3.9k -3,895
37 Eldridge Investment Advisors, Inc. 0.39% of their portfolio MANCHESTER, NH 70,91670.9k $1.5m $1.5m 0.39% New
38 Relative Value Partners Group, LLC 0.09% of their portfolio NORTHBROOK, IL 68,28268.3k $1.4m $1.4m 0.09% New
39 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 63,50563.5k $1.3m $1.3m 0.00% Reduced -1.9k -1,870
40 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 59,71359.7k $1.2m $1.2m 0.00% Added +2.6k +2,604
41 Advisory Services Network, LLC 0.03% of their portfolio ATLANTA, GA 59,56359.6k $1.2m $1.2m 0.03% Reduced -166 -166
42 Hara Capital LLC 0.87% of their portfolio BELLEVUE, WA 59,50959.5k $1.2m $1.2m 0.87% First filing
43 Weiss Asset Management LP 0.09% of their portfolio BOSTON, MA 59,39559.4k $1.2m $1.2m 0.09% New
44 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 59,02759.0k $1.2m $1.2m 0.00% Reduced -41.6k -41,610
45 Anchor Investment Management, LLC 0.14% of their portfolio COLUMBIA, SC 57,97858.0k $1.2m $1.2m 0.14% Added +4.8k +4,758
46 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 57,58157.6k $1.2m $1.2m 0.00% Reduced -5.3k -5,272
47 PINNACLE ASSOCIATES LTD 0.02% of their portfolio NEW YORK, NY 57,06457.1k $1.2m $1.2m 0.02% Reduced -2.0k -1,961
48 Dakota Wealth Management 0.04% of their portfolio PALM BEACH GARDENS, FL 54,50054.5k $1.1m $1.1m 0.04% Added +12.5k +12,500
49 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 52,01352.0k $1.1m $1.1m 0.00% Reduced -1.1k -1,131
50 MONETA GROUP INVESTMENT ADVISORS LLC 0.02% of their portfolio ST LOUIS, MO 50,64050.6k $1.1m $1.1m 0.02% Reduced -4.0k -4,017
51 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 46,60746.6k $969.4k $969.4k 0.00% Added +20.8k +20,808
52 Integrated Wealth Concepts LLC 0.02% of their portfolio WALTHAM, MA 45,32845.3k $942.8k $942.8k 0.02% Reduced -1.6k -1,621
53 EP Wealth Advisors, LLC 0.01% of their portfolio TORRANCE, CA 45,30445.3k $942.3k $942.3k 0.01% Unchanged
54 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 42,41242.4k $882.0k $882.0k 0.00% Reduced -11.7k -11,728
55 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 0.02% of their portfolio MINNEAPOLIS, MN 41,88841.9k $871.3k $871.3k 0.02% Reduced -14.0k -13,980
56 Oder Investment Management, LLC 0.85% of their portfolio WOODLAND HILLS, CA 41,19041.2k $856.7k $856.7k 0.85% Reduced -2.1k -2,077
57 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 40,92940.9k $851.3k $851.3k 0.01% Reduced -190 -190
58 GUGGENHEIM CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 40,38240.4k $839.9k $839.9k 0.01% Added +11.9k +11,868
59 Beverly Hills Private Wealth, LLC 0.19% of their portfolio BEVERLY HILLS, CA 35,80535.8k $744.7k $744.7k 0.19% New
60 Tortoise Investment Management, LLC 0.09% of their portfolio WHITE PLAINS, NY 32,32832.3k $672.4k $672.4k 0.09% Added +20.6k +20,628
61 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 31,37431.4k $652.6k $652.6k 0.00% New
62 CWM, LLC 0.00% of their portfolio OMAHA, NE 30,81530.8k $641.0k $641.0k 0.00% Added +58 +58
63 Virtu Financial LLC 0.05% of their portfolio New York, NY 27,61927.6k $574.0k $574.0k 0.05% Reduced -2.1k -2,132
64 TrinityPoint Wealth, LLC 0.10% of their portfolio MILFORD, CT 27,27127.3k $567.2k $567.2k 0.10% Reduced -7.9k -7,923
65 Andrew Hill Investment Advisors, Inc. 0.57% of their portfolio NAPLES, FL 26,50226.5k $551.3k $551.3k 0.57% First filing
66 COHEN & STEERS, INC. 0.00% of their portfolio NEW YORK, NY 25,00025.0k $520.0k $520.0k 0.00% New
67 ENCOMPASS WEALTH ADVISORS, LLC 0.15% of their portfolio PORTLAND, OR 24,40024.4k $507.5k $507.5k 0.15% Unchanged
68 Successful Portfolios LLC 0.37% of their portfolio CLEARWATER, FL 23,60723.6k $491.0k $491.0k 0.37% Added +1.0k +1,000
69 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 23,51523.5k $489.1k $489.1k 0.00% Unchanged
70 Jefferies Financial Group Inc. 0.01% of their portfolio NEW YORK, NY 23,19523.2k $482.5k $482.5k 0.01% Reduced -6.8k -6,807
71 Covenant Asset Management, LLC 0.13% of their portfolio CHESTER, NJ 22,75022.8k $473.2k $473.2k 0.13% Added +3.3k +3,290
72 WHALEROCK POINT PARTNERS, LLC 0.13% of their portfolio West Palm Beach, FL 20,00020.0k $416.0k $416.0k 0.13% Unchanged
73 Seed Wealth Management, Inc. 0.42% of their portfolio EVANSTON, IL 19,77019.8k $411.4k $411.4k 0.42% Added +6.6k +6,620
74 Summit Financial Wealth Advisors, LLC 0.09% of their portfolio Lafayette, LA 19,67519.7k $409.2k $409.2k 0.09% Unchanged
75 RAYMOND JAMES TRUST N.A. 0.01% of their portfolio ST. PETERSBURG, FL 19,44819.4k $404.5k $404.5k 0.01% Unchanged
76 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 19,16219.2k $398.6k $398.6k 0.01% Reduced -974 -974
77 Wealthcare Advisory Partners LLC 0.01% of their portfolio WEST CHESTER, PA 17,95118.0k $373.4k $373.4k 0.01% Added +36 +36
78 NOMURA HOLDINGS INC 0.00% of their portfolio TOKYO, M0 17,00017.0k $353.6k $353.6k 0.00% New
79 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 16,95517.0k $352.7k $352.7k 0.01% Added +3.8k +3,800
80 Icon Wealth Advisors, LLC 0.04% of their portfolio HOUSTON, TX 16,82516.8k $350.0k $350.0k 0.04% First filing
81 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 16,74416.7k $348.3k $348.3k 0.00% Unchanged
82 TRANSCEND CAPITAL ADVISORS, LLC 0.03% of their portfolio MADISON, NJ 15,94515.9k $331.7k $331.7k 0.03% Added +37 +37
83 Tamar Securities, LLC 0.06% of their portfolio Woodland Hills, CA 15,79715.8k $328.6k $328.6k 0.06% Added +9 +9
84 Magnus Financial Group LLC 0.04% of their portfolio NEW YORK, NY 15,23115.2k $316.8k $316.8k 0.04% Reduced -3.3k -3,301
85 IEQ CAPITAL, LLC 0.01% of their portfolio Foster City, CA 15,18915.2k $315.9k $315.9k 0.01% Added +148 +148
86 PRIVATE TRUST CO NA 0.04% of their portfolio CLEVELAND, OH 15,14715.1k $315.1k $315.1k 0.04% Added +147 +147
87 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 14,78414.8k $307.5k $307.5k 0.00% Added +110 +110
88 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 14,55714.6k $302.8k $302.8k 0.00% Added +1.0k +1,011
89 Cetera Advisor Networks LLC 0.00% of their portfolio EL SEGUNDO, CA 13,56113.6k $282.1k $282.1k 0.00% Reduced -1.1k -1,107
90 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 13,28113.3k $276.2k $276.2k 0.00% Unchanged
91 MGB Wealth Management, LLC 0.14% of their portfolio ADDISON, TX 13,22613.2k $275.1k $275.1k 0.14% First filing
92 JGP Wealth Management, LLC 0.04% of their portfolio BEND, OR 13,02313.0k $270.9k $270.9k 0.04% New
93 Edge Wealth Management LLC 0.06% of their portfolio NEW YORK, NY 13,00013.0k $270.4k $270.4k 0.06% New
94 HORIZON KINETICS ASSET MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 12,95012.9k $269.4k $269.4k 0.01% Unchanged
95 Smartleaf Asset Management LLC 0.07% of their portfolio BOSTON, MA 12,88012.9k $267.1k $267.1k 0.07% First filing
96 Avior Wealth Management, LLC 0.02% of their portfolio OMAHA, NE 12,80612.8k $266.4k $266.4k 0.02% Reduced -2.1k -2,133
97 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 12,61412.6k $262.0k $262.0k 0.00% Reduced -1.5k -1,507
98 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 12,54112.5k $261.0k $261.0k 0.00% New
99 MELFA WEALTH MANAGEMENT, INC. 0.23% of their portfolio WESTBOROUGH, MA 11,54611.5k $240.2k $240.2k 0.23% New
100 Tyche Wealth Partners LLC 0.06% of their portfolio PLANO, TX 11,42711.4k $237.7k $237.7k 0.06% First filing