Vault-13

BLACKROCK MUN TARGET TERM TR BTT

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

123 institutional holders -4 vs Q4 2023
22,234,33722.2m shares reported held*
$467.9mreported value*
11 new 38 added 43 reduced 14 sold out net bought ≈ $18.3m (+871.1k 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 ≈ $21.05. Options: 1 managers hold calls ($0 notional), 1 hold puts ($0).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 108Q4 22: 120Q1 23: 117Q2 23: 119Q3 23: 115Q4 23: 127Q1 24: 123123Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022108
Q4 2022120
Q1 2023117
Q2 2023119
Q3 2023115
Q4 2023127
Q1 2024123

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 23Q1 24: 49 bought or addedQ1 24: 57 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 20225547
Q1 20235445
Q2 20234855
Q3 20234956
Q4 20235556
Q1 20244957

Biggest buyers

MORGAN STANLEY Added +1,296,693+1.3m
CITY OF LONDON INVESTMENT MANAGEMENT CO LTD Added +242,073+242.1k
SENTINEL TRUST CO LBA Added +95,680+95.7k
NINE MASTS CAPITAL Ltd New +54,742+54.7k
Advisors Asset Management, Inc. Added +35,229+35.2k
RIVERBRIDGE PARTNERS LLC New +33,219+33.2k
Maltin Wealth Management, Inc. New +32,989+33.0k
Beverly Hills Private Wealth, LLC Added +25,452+25.5k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +17,054+17.1k
WOLVERINE ASSET MANAGEMENT LLC Added +16,467+16.5k

Biggest sellers

Logan Stone Capital, LLC Reduced -254,699-254.7k
1607 Capital Partners, LLC Reduced -97,093-97.1k
Almitas Capital LLC Sold out -87,115-87.1k
LANDSCAPE CAPITAL MANAGEMENT, L.L.C. Reduced -61,882-61.9k
Weiss Asset Management LP Sold out -59,395-59.4k
Hennion & Walsh Asset Management, Inc. Reduced -51,366-51.4k
Narwhal Capital Management Reduced -47,621-47.6k
Merit Financial Group, LLC Reduced -31,366-31.4k
Rockefeller Capital Management L.P. Reduced -30,660-30.7k
MILLENNIUM MANAGEMENT LLC Reduced -28,981-29.0k

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 2024

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.

DateInsiderTradeSharesPrice ValueTheir holding
2024-01-25 Romaglino Christian Portfolio Manager Sold 1,519 $21.12 $32.1k1.5k shares -100%

Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).

Holders, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 4,375,8394.4m $92.2m $92.2m 0.00% Added +1.3m +1,296,693
2 Karpus Management, Inc. 1.53% of their portfolio Pittsford, NY 2,517,3622.5m $53.0m $53.0m 1.53% Added +5.2k +5,155
3 RIVERNORTH CAPITAL MANAGEMENT, LLC 2.18% of their portfolio WEST PALM BEACH, FL 2,144,7772.1m $45.2m $45.2m 2.18% Unchanged
4 MacKay Shields LLC 0.82% of their portfolio New York, NY 1,401,7011.4m $29.5m $29.5m 0.82% Unchanged
5 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,136,8111.1m $23.9m $23.9m 0.00% Reduced -26.2k -26,187
6 Allspring Global Investments Holdings, LLC 0.04% of their portfolio CHARLOTTE, NC 1,109,0281.1m $23.4m $23.4m 0.04% Unchanged
7 UBS Group AG 0.01% of their portfolio ZURICH, V8 789,932789.9k $16.6m $16.6m 0.01% Added +14.7k +14,723
8 VAN ECK ASSOCIATES CORP 0.02% of their portfolio NEW YORK, NY 527,339527.3k $11.1m $11.1m 0.02% Added +7.6k +7,646
9 Merit Financial Group, LLC 0.24% of their portfolio ALPHARETTA, GA 491,102491.1k $10.1m $10.1m 0.24% Reduced -31.4k -31,366
10 Narwhal Capital Management 1.00% of their portfolio MARIETTA, GA 485,602485.6k $10.2m $10.2m 1.00% Reduced -47.6k -47,621
11 Rockefeller Capital Management L.P. 0.03% of their portfolio NEW YORK, NY 483,319483.3k $10.2m $10.2m 0.03% Reduced -30.7k -30,660
12 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 458,293458.3k $9.7m $9.7m 0.01% Reduced -27.2k -27,154
13 CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.74% of their portfolio London, X0 428,327428.3k $9.0m $9.0m 0.74% Added +242.1k +242,073
14 Logan Stone Capital, LLC 1.70% of their portfolio CHICAGO, IL 375,060375.1k $7.9m $7.9m 1.70% Reduced -254.7k -254,699
15 SENTINEL TRUST CO LBA 0.92% of their portfolio HOUSTON, TX 338,415338.4k $7.1m $7.1m 0.92% Added +95.7k +95,680
16 WealthBridge Capital Management, LLC 2.16% of their portfolio WESTERVILLE, OH 305,058305.1k $6.4m $6.4m 2.16% Reduced -13.9k -13,941
17 AQR Arbitrage LLC 0.17% of their portfolio Greenwich, CT 233,029233.0k $4.9m $4.9m 0.17% Unchanged
18 Hennion & Walsh Asset Management, Inc. 0.26% of their portfolio Parsippany, NJ 231,219231.2k $4.9m $4.9m 0.26% Reduced -51.4k -51,366
19 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 228,075228.1k $4.8m $4.8m 0.01% Unchanged
20 Pathstone Holdings, LLC 0.02% of their portfolio ENGLEWOOD, NJ 200,582200.6k $4.2m $4.2m 0.02% Reduced -4.9k -4,928
21 Jacobi Capital Management LLC 0.35% of their portfolio PITTSTON, PA 179,085179.1k $3.8m $3.8m 0.35% Added +16.1k +16,062
22 WALTER & KEENAN WEALTH MANAGEMENT LLC /IN/ /ADV 1.23% of their portfolio SOUTH BEND, IN 178,011178.0k $3.7m $3.7m 1.23% Reduced -19.3k -19,256
23 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 177,262177.3k $3.7m $3.7m 0.00% Reduced -4.7k -4,663
24 1607 Capital Partners, LLC 0.30% of their portfolio Richmond, VA 176,635176.6k $3.7m $3.7m 0.30% Reduced -97.1k -97,093
25 Advisors Asset Management, Inc. 0.06% of their portfolio Monument, CO 151,176151.2k $3.2m $3.2m 0.06% Added +35.2k +35,229
26 Steward Partners Investment Advisory, LLC 0.03% of their portfolio STAMFORD, CT 139,995140.0k $2.9m $2.9m 0.03% Reduced -16.4k -16,360
27 Amplius Wealth Advisors, LLC 0.31% of their portfolio BLUE BELL, PA 131,176131.2k $2.8m $2.8m 0.31% Reduced -5.2k -5,191
28 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.23% of their portfolio Englewood, NJ 126,972127.0k $2.7m $2.7m 0.23% Reduced -61.9k -61,882
29 Waterfront Wealth Inc. 0.66% of their portfolio OVERLAND PARK, KS 116,174116.2k $2.4m $2.4m 0.66% Reduced -2.7k -2,718
30 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 111,351111.4k $2.3m $2.3m 0.00% Reduced -4.9k -4,938
31 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 110,663110.7k $2.3m $2.3m 0.00% Added +7.2k +7,237
32 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 96,67896.7k $2.0m $2.0m 0.00% Reduced -6.0k -5,991
33 GILL CAPITAL PARTNERS, LLC 0.71% of their portfolio DENVER, CO 85,74085.7k $1.8m $1.8m 0.71% Reduced -2.6k -2,602
34 Eldridge Investment Advisors, Inc. 0.42% of their portfolio MANCHESTER, NH 77,40077.4k $1.6m $1.6m 0.42% Added +6.5k +6,484
35 Gridiron Partners, LLC 1.02% of their portfolio Wexford, PA 75,85575.9k $1.6m $1.6m 1.02% Unchanged
36 Hara Capital LLC 0.89% of their portfolio BELLEVUE, WA 70,30970.3k $1.5m $1.5m 0.89% Added +10.8k +10,800
37 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 69,58269.6k $1.5m $1.5m 0.00% Added +6.1k +6,077
38 Relative Value Partners Group, LLC 0.09% of their portfolio NORTHBROOK, IL 66,14366.1k $1.4m $1.4m 0.09% Reduced -2.1k -2,139
39 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 65,37365.4k $1.4m $1.4m 0.00% Added +7.8k +7,792
40 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 62,46962.5k $1.3m $1.3m 0.00% Added +2.8k +2,756
41 Anchor Investment Management, LLC 0.14% of their portfolio COLUMBIA, SC 61,83061.8k $1.3m $1.3m 0.14% Added +3.9k +3,852
42 LexAurum Advisors, LLC 0.33% of their portfolio OVERLAND PARK, KS 61,52461.5k $1.3m $1.3m 0.33% Reduced -13.4k -13,434
43 Beverly Hills Private Wealth, LLC 0.30% of their portfolio BEVERLY HILLS, CA 61,25761.3k $1.3m $1.3m 0.30% Added +25.5k +25,452
44 PINNACLE ASSOCIATES LTD 0.02% of their portfolio NEW YORK, NY 57,07757.1k $1.2m $1.2m 0.02% Added +13 +13
45 NINE MASTS CAPITAL Ltd 0.30% of their portfolio CENTRAL, K3 54,74254.7k $1.2m $1.2m 0.30% New
46 Dakota Wealth Management 0.03% of their portfolio PALM BEACH GARDENS, FL 54,50054.5k $1.1m $1.1m 0.03% Unchanged
47 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 52,46152.5k $1.1m $1.1m 0.00% Added +448 +448
48 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 52,44052.4k $1.1m $1.1m 0.00% Reduced -6.6k -6,587
49 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 0.02% of their portfolio MINNEAPOLIS, MN 48,55748.6k $1.0m $1.0m 0.02% Added +6.7k +6,669
50 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 48,42848.4k $1.0m $1.0m 0.00% Added +17.1k +17,054
51 GUGGENHEIM CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 46,84246.8k $986.5k $986.5k 0.01% Added +6.5k +6,460
52 Advisory Services Network, LLC 0.02% of their portfolio ATLANTA, GA 45,57845.6k $959.9k $959.9k 0.02% Reduced -14.0k -13,985
53 EP Wealth Advisors, LLC 0.01% of their portfolio TORRANCE, CA 45,30445.3k $954.1k $954.1k 0.01% Unchanged
54 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 43,40343.4k $914.1k $914.1k 0.01% Reduced -1.9k -1,925
55 Oder Investment Management, LLC 0.83% of their portfolio WOODLAND HILLS, CA 42,20142.2k $888.8k $888.8k 0.83% Added +1.0k +1,011
56 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 40,46240.5k $852.1k $852.1k 0.01% Reduced -467 -467
57 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 39,32539.3k $828.0k $828.0k 0.00% Reduced -3.1k -3,087
58 RIVERBRIDGE PARTNERS LLC 0.01% of their portfolio MINNEAPOLIS, MN 33,21933.2k $699.6k $699.6k 0.01% New
59 Maltin Wealth Management, Inc. 0.39% of their portfolio RIDGEWOOD, NJ 32,98933.0k $694.8k $694.8k 0.39% New
60 Tortoise Investment Management, LLC 0.08% of their portfolio WHITE PLAINS, NY 32,32832.3k $680.8k $680.8k 0.08% Unchanged
61 CWM, LLC 0.00% of their portfolio OMAHA, NE 30,86730.9k $650.0k $650.0k 0.00% Added +52 +52
62 MONETA GROUP INVESTMENT ADVISORS LLC 0.01% of their portfolio ST LOUIS, MO 29,78529.8k $627.3k $627.3k 0.01% Reduced -20.9k -20,855
63 Jefferies Financial Group Inc. 0.01% of their portfolio NEW YORK, NY 28,67028.7k $603.8k $603.8k 0.01% Added +5.5k +5,475
64 Andrew Hill Investment Advisors, Inc. 0.49% of their portfolio NAPLES, FL 26,50226.5k $558.1k $558.1k 0.49% Unchanged
65 TrinityPoint Wealth, LLC 0.09% of their portfolio MILFORD, CT 26,05326.1k $548.7k $548.7k 0.09% Reduced -1.2k -1,218
66 ENCOMPASS WEALTH ADVISORS, LLC 0.14% of their portfolio PORTLAND, OR 24,40024.4k $513.9k $513.9k 0.14% Unchanged
67 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 23,51523.5k $495.2k $495.2k 0.00% Unchanged
68 Covenant Asset Management, LLC 0.12% of their portfolio CHESTER, NJ 22,75022.8k $479.1k $479.1k 0.12% Unchanged
69 Successful Portfolios LLC 0.32% of their portfolio CLEARWATER, FL 22,60722.6k $476.1k $476.1k 0.32% Reduced -1.0k -1,000
70 WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio CHICAGO, IL 21,23421.2k $447.2k $447.2k 0.01% Added +16.5k +16,467
71 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 19,76219.8k $416.2k $416.2k 0.01% Added +600 +600
72 RAYMOND JAMES TRUST N.A. 0.01% of their portfolio ST. PETERSBURG, FL 19,44819.4k $409.6k $409.6k 0.01% Unchanged
73 Summit Financial Wealth Advisors, LLC 0.08% of their portfolio Lafayette, LA 19,42519.4k $409.1k $409.1k 0.08% Reduced -250 -250
74 Seed Wealth Management, Inc. 0.38% of their portfolio EVANSTON, IL 18,87018.9k $393.6k $393.6k 0.38% Reduced -900 -900
75 Wealthcare Advisory Partners LLC 0.01% of their portfolio WEST CHESTER, PA 17,96718.0k $378.4k $378.4k 0.01% Added +16 +16
76 Magnus Financial Group LLC 0.04% of their portfolio NEW YORK, NY 17,78017.8k $374.4k $374.4k 0.04% Added +2.5k +2,549
77 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 17,62617.6k $371.2k $371.2k 0.00% Reduced -29.0k -28,981
78 Icon Wealth Advisors, LLC 0.03% of their portfolio HOUSTON, TX 16,82516.8k $354.3k $354.3k 0.03% Unchanged
79 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 16,74416.7k $353.4k $353.4k 0.00% Unchanged
80 TRANSCEND CAPITAL ADVISORS, LLC 0.03% of their portfolio MADISON, NJ 15,94515.9k $335.8k $335.8k 0.03% Unchanged
81 Tamar Securities, LLC 0.06% of their portfolio Woodland Hills, CA 15,80415.8k $332.8k $332.8k 0.06% Added +7 +7
82 NOMURA HOLDINGS INC 0.00% of their portfolio TOKYO, M0 15,63015.6k $329.2k $329.2k 0.00% Reduced -1.4k -1,370
83 PRIVATE TRUST CO NA 0.03% of their portfolio CLEVELAND, OH 15,21315.2k $320.4k $320.4k 0.03% Added +66 +66
84 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 15,14915.1k $319.0k $319.0k 0.00% Added +365 +365
85 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 15,06215.1k $317.2k $317.2k 0.00% Added +505 +505
86 MGB Wealth Management, LLC 0.11% of their portfolio ADDISON, TX 13,22613.2k $278.5k $278.5k 0.11% Unchanged
87 Edge Wealth Management LLC 0.06% of their portfolio NEW YORK, NY 13,00013.0k $273.8k $273.8k 0.06% Unchanged
88 Smartleaf Asset Management LLC 0.05% of their portfolio BOSTON, MA 12,88012.9k $270.1k $270.1k 0.05% Unchanged
89 Avior Wealth Management, LLC 0.01% of their portfolio OMAHA, NE 12,70512.7k $267.6k $267.6k 0.01% Reduced -101 -101
90 Fort Point Capital Partners LLC 0.03% of their portfolio San Francisco, CA 12,19312.2k $256.8k $256.8k 0.03% New
91 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 11,57911.6k $244.0k $244.0k 0.00% Reduced -1.0k -1,035
92 MELFA WEALTH MANAGEMENT, INC. 0.18% of their portfolio WESTBOROUGH, MA 11,55611.6k $243.4k $243.4k 0.18% Added +10 +10
93 Tyche Wealth Partners LLC 0.06% of their portfolio PLANO, TX 11,44211.4k $241.0k $241.0k 0.06% Added +15 +15
94 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 10,91810.9k $229.9k $229.9k 0.00% New
95 Mariner, LLC 0.00% of their portfolio Overland Park, KS 10,67910.7k $224.9k $224.9k 0.00% New
96 HARBOR INVESTMENT ADVISORY, LLC 0.02% of their portfolio LUTHERVILLE, MD 10,61310.6k $223.5k $223.5k 0.02% Unchanged
97 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 10,58310.6k $223.0k $223.0k 0.00% Reduced -2.0k -1,958
98 Western Wealth Management, LLC 0.02% of their portfolio GOLDEN, CO 10,29510.3k $216.8k $216.8k 0.02% Reduced -500 -500
99 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 10,14110.1k $212.0k $212.0k 0.00% Reduced -189 -189
100 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 9,98010.0k $210.2k $210.2k 0.00% Reduced -349 -349