Vault-13

BLACKROCK MUN TARGET TERM TR BTT

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

128 institutional holders +5 vs Q1 2024
20,777,33220.8m shares reported held*
$431.5mreported value*
12 new 46 added 41 reduced 7 sold out net sold ≈ $31.4m (-1.5m 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 ≈ $20.77. Options: 1 managers hold calls ($0 notional), 1 hold puts ($0).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 108Q4 22: 120Q1 23: 117Q2 23: 119Q3 23: 115Q4 23: 127Q1 24: 123Q2 24: 128128Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022108
Q4 2022120
Q1 2023117
Q2 2023119
Q3 2023115
Q4 2023127
Q1 2024123
Q2 2024128

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 outQ2 23: 48 bought or addedQ2 23: 55 cut or sold outQ2 23Q3 23: 49 bought or addedQ3 23: 56 cut or sold outQ4 23: 55 bought or addedQ4 23: 56 cut or sold outQ4 23Q1 24: 49 bought or addedQ1 24: 57 cut or sold outQ2 24: 58 bought or addedQ2 24: 48 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 20225547
Q1 20235445
Q2 20234855
Q3 20234956
Q4 20235556
Q1 20244957
Q2 20245848

Biggest buyers

Saba Capital Management, L.P. New +382,344+382.3k
Tortoise Investment Management, LLC Added +365,845+365.8k
Logan Stone Capital, LLC Added +296,221+296.2k
Atlas Wealth LLC New +179,785+179.8k
SENTINEL TRUST CO LBA Added +112,531+112.5k
Allspring Global Investments Holdings, LLC Added +105,661+105.7k
GOLDMAN SACHS GROUP INC New +92,651+92.7k
Almitas Capital LLC New +77,392+77.4k
AQR Arbitrage LLC Added +70,622+70.6k
Matisse Capital New +49,697+49.7k

Biggest sellers

MORGAN STANLEY Reduced -2,951,826-3.0m
Rockefeller Capital Management L.P. Reduced -195,821-195.8k
Relative Value Partners Group, LLC Sold out -66,143-66.1k
BANK OF AMERICA CORP /DE/ Reduced -66,071-66.1k
WealthBridge Capital Management, LLC Reduced -59,275-59.3k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -48,428-48.4k
CLIFTONLARSONALLEN WEALTH ADVISORS, LLC Reduced -37,700-37.7k
VAN ECK ASSOCIATES CORP Reduced -30,786-30.8k
WALTER & KEENAN WEALTH MANAGEMENT LLC /IN/ /ADV Reduced -24,808-24.8k
RIVERNORTH CAPITAL MANAGEMENT, LLC Reduced -11,113-11.1k

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 Q2 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.

None reported in Q2 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Karpus Management, Inc. 1.48% of their portfolio Pittsford, NY 2,536,9062.5m $52.7m $52.7m 1.48% Added +19.5k +19,544
2 RIVERNORTH CAPITAL MANAGEMENT, LLC 2.09% of their portfolio WEST PALM BEACH, FL 2,133,6642.1m $44.3m $44.3m 2.09% Reduced -11.1k -11,113
3 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,424,0131.4m $29.6m $29.6m 0.00% Reduced -3.0m -2,951,826
4 MacKay Shields LLC 0.88% of their portfolio New York, NY 1,401,7011.4m $29.1m $29.1m 0.88% Unchanged
5 Allspring Global Investments Holdings, LLC 0.04% of their portfolio CHARLOTTE, NC 1,214,6891.2m $25.2m $25.2m 0.04% Added +105.7k +105,661
6 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,070,7401.1m $22.2m $22.2m 0.00% Reduced -66.1k -66,071
7 UBS Group AG 0.01% of their portfolio ZURICH, V8 811,519811.5k $16.9m $16.9m 0.01% Added +21.6k +21,587
8 Logan Stone Capital, LLC 3.60% of their portfolio CHICAGO, IL 671,281671.3k $13.9m $13.9m 3.60% Added +296.2k +296,221
9 VAN ECK ASSOCIATES CORP 0.01% of their portfolio NEW YORK, NY 496,553496.6k $10.3m $10.3m 0.01% Reduced -30.8k -30,786
10 Merit Financial Group, LLC 0.22% of their portfolio ALPHARETTA, GA 487,961488.0k $10.1m $10.1m 0.22% Reduced -3.1k -3,141
11 Narwhal Capital Management 0.95% of their portfolio MARIETTA, GA 482,342482.3k $10.0m $10.0m 0.95% Reduced -3.3k -3,260
12 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 452,363452.4k $9.4m $9.4m 0.01% Reduced -5.9k -5,930
13 SENTINEL TRUST CO LBA 1.15% of their portfolio HOUSTON, TX 450,946450.9k $9.4m $9.4m 1.15% Added +112.5k +112,531
14 CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.79% of their portfolio London, X0 443,809443.8k $9.2m $9.2m 0.79% Added +15.5k +15,482
15 Tortoise Investment Management, LLC 0.94% of their portfolio WHITE PLAINS, NY 398,173398.2k $8.3m $8.3m 0.94% Added +365.8k +365,845
16 Saba Capital Management, L.P. 0.17% of their portfolio NEW YORK, NY 382,344382.3k $7.9m $7.9m 0.17% New
17 AQR Arbitrage LLC 0.16% of their portfolio Greenwich, CT 303,651303.7k $6.3m $6.3m 0.16% Added +70.6k +70,622
18 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 287,498287.5k $6.0m $6.0m 0.02% Reduced -195.8k -195,821
19 WealthBridge Capital Management, LLC 1.69% of their portfolio WESTERVILLE, OH 245,783245.8k $5.1m $5.1m 1.69% Reduced -59.3k -59,275
20 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 239,836239.8k $5.0m $5.0m 0.01% Added +11.8k +11,761
21 Hennion & Walsh Asset Management, Inc. 0.25% of their portfolio Parsippany, NJ 238,658238.7k $5.0m $5.0m 0.25% Added +7.4k +7,439
22 Pathstone Holdings, LLC 0.02% of their portfolio ENGLEWOOD, NJ 209,001209.0k $4.3m $4.3m 0.02% Added +8.4k +8,419
23 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 202,842202.8k $4.2m $4.2m 0.00% Added +25.6k +25,580
24 Jacobi Capital Management LLC 0.34% of their portfolio PITTSTON, PA 188,990189.0k $3.9m $3.9m 0.34% Added +9.9k +9,905
25 Atlas Wealth LLC 0.44% of their portfolio CINCINNATI, OH 179,785179.8k $3.7m $3.7m 0.44% New
26 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.30% of their portfolio Englewood, NJ 170,375170.4k $3.5m $3.5m 0.30% Added +43.4k +43,403
27 1607 Capital Partners, LLC 0.31% of their portfolio Richmond, VA 169,235169.2k $3.5m $3.5m 0.31% Reduced -7.4k -7,400
28 WALTER & KEENAN WEALTH MANAGEMENT LLC /IN/ /ADV 1.01% of their portfolio SOUTH BEND, IN 153,203153.2k $3.2m $3.2m 1.01% Reduced -24.8k -24,808
29 Advisors Asset Management, Inc. 0.06% of their portfolio Monument, CO 146,972147.0k $3.1m $3.1m 0.06% Reduced -4.2k -4,204
30 Steward Partners Investment Advisory, LLC 0.03% of their portfolio STAMFORD, CT 135,447135.4k $2.8m $2.8m 0.03% Reduced -4.5k -4,548
31 Amplius Wealth Advisors, LLC 0.29% of their portfolio BLUE BELL, PA 124,947124.9k $2.6m $2.6m 0.29% Reduced -6.2k -6,229
32 Waterfront Wealth Inc. 0.64% of their portfolio OVERLAND PARK, KS 113,360113.4k $2.4m $2.4m 0.64% Reduced -2.8k -2,814
33 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 107,789107.8k $2.2m $2.2m 0.00% Reduced -2.9k -2,874
34 Beverly Hills Private Wealth, LLC 0.48% of their portfolio BEVERLY HILLS, CA 106,919106.9k $2.2m $2.2m 0.48% Added +45.7k +45,662
35 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 101,919101.9k $2.1m $2.1m 0.00% Reduced -9.4k -9,432
36 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 92,65192.7k $1.9m $1.9m 0.00% New
37 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 90,77590.8k $1.9m $1.9m 0.00% Reduced -5.9k -5,903
38 GILL CAPITAL PARTNERS, LLC 0.69% of their portfolio DENVER, CO 85,74085.7k $1.8m $1.8m 0.69% Unchanged
39 Eldridge Investment Advisors, Inc. 0.44% of their portfolio MANCHESTER, NH 84,14384.1k $1.7m $1.7m 0.44% Added +6.7k +6,743
40 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 80,54080.5k $1.7m $1.7m 0.00% Added +18.1k +18,071
41 Almitas Capital LLC 0.67% of their portfolio SANTA MONICA, CA 77,39277.4k $1.6m $1.6m 0.67% New
42 Gridiron Partners, LLC 1.00% of their portfolio Wexford, PA 75,85575.9k $1.6m $1.6m 1.00% Unchanged
43 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 70,48870.5k $1.5m $1.5m 0.00% Added +5.1k +5,115
44 Hara Capital LLC 0.92% of their portfolio BELLEVUE, WA 69,20269.2k $1.4m $1.4m 0.92% Reduced -1.1k -1,107
45 Anchor Investment Management, LLC 0.15% of their portfolio COLUMBIA, SC 67,86367.9k $1.4m $1.4m 0.15% Added +6.0k +6,033
46 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 65,35265.4k $1.4m $1.4m 0.00% Reduced -4.2k -4,230
47 NINE MASTS CAPITAL Ltd 0.39% of their portfolio CENTRAL, K3 61,66761.7k $1.3m $1.3m 0.39% Added +6.9k +6,925
48 LexAurum Advisors, LLC 0.30% of their portfolio OVERLAND PARK, KS 59,92759.9k $1.2m $1.2m 0.30% Reduced -1.6k -1,597
49 PINNACLE ASSOCIATES LTD 0.02% of their portfolio NEW YORK, NY 57,09057.1k $1.2m $1.2m 0.02% Added +13 +13
50 Dakota Wealth Management 0.03% of their portfolio PALM BEACH GARDENS, FL 54,50054.5k $1.1m $1.1m 0.03% Unchanged
51 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 49,97250.0k $1.0m $1.0m 0.01% First filing
52 Matisse Capital 0.51% of their portfolio PORTLAND, OR 49,69749.7k $1.0m $1.0m 0.51% New
53 GUGGENHEIM CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 46,98447.0k $975.9k $975.9k 0.01% Added +142 +142
54 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 46,84046.8k $972.9k $972.9k 0.00% Reduced -5.6k -5,621
55 Seed Wealth Management, Inc. 0.84% of their portfolio EVANSTON, IL 46,22046.2k $960.0k $960.0k 0.84% Added +27.4k +27,350
56 Advisory Services Network, LLC 0.02% of their portfolio ATLANTA, GA 45,60145.6k $947.1k $947.1k 0.02% Added +23 +23
57 EP Wealth Advisors, LLC 0.01% of their portfolio TORRANCE, CA 45,30445.3k $941.0k $941.0k 0.01% Unchanged
58 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 44,38944.4k $922.0k $922.0k 0.00% Reduced -8.1k -8,051
59 WOLVERINE ASSET MANAGEMENT LLC 0.02% of their portfolio CHICAGO, IL 41,63441.6k $864.7k $864.7k 0.02% Added +20.4k +20,400
60 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 40,62840.6k $843.8k $843.8k 0.01% Added +166 +166
61 Oder Investment Management, LLC 0.74% of their portfolio WOODLAND HILLS, CA 39,22639.2k $814.7k $814.7k 0.74% Reduced -3.0k -2,975
62 Maltin Wealth Management, Inc. 0.42% of their portfolio RIDGEWOOD, NJ 37,22737.2k $773.2k $773.2k 0.42% Added +4.2k +4,238
63 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 35,46035.5k $736.5k $736.5k 0.01% Reduced -7.9k -7,943
64 RIVERBRIDGE PARTNERS LLC 0.01% of their portfolio MINNEAPOLIS, MN 34,18834.2k $710.1k $710.1k 0.01% Added +969 +969
65 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 32,05232.1k $664.0k $664.0k 0.00% Added +21.9k +21,911
66 CWM, LLC 0.00% of their portfolio OMAHA, NE 30,42030.4k $632.0k $632.0k 0.00% Reduced -447 -447
67 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 28,92228.9k $601.0k $601.0k 0.00% Reduced -10.4k -10,403
68 PRIVATE TRUST CO NA 0.06% of their portfolio CLEVELAND, OH 26,81626.8k $557.0k $557.0k 0.06% Added +11.6k +11,603
69 Andrew Hill Investment Advisors, Inc. 0.45% of their portfolio NAPLES, FL 25,97626.0k $539.5k $539.5k 0.45% Reduced -526 -526
70 Jefferies Financial Group Inc. 0.01% of their portfolio NEW YORK, NY 25,82025.8k $536.3k $536.3k 0.01% Reduced -2.9k -2,850
71 ENCOMPASS WEALTH ADVISORS, LLC 0.13% of their portfolio PORTLAND, OR 24,40024.4k $506.8k $506.8k 0.13% Unchanged
72 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 23,51523.5k $488.4k $488.4k 0.00% Unchanged
73 MONETA GROUP INVESTMENT ADVISORS LLC 0.01% of their portfolio ST LOUIS, MO 23,29923.3k $483.9k $483.9k 0.01% Reduced -6.5k -6,486
74 Covenant Asset Management, LLC 0.11% of their portfolio CHESTER, NJ 22,75022.8k $472.5k $472.5k 0.11% Unchanged
75 Magnus Financial Group LLC 0.05% of their portfolio NEW YORK, NY 22,51222.5k $467.6k $467.6k 0.05% Added +4.7k +4,732
76 Successful Portfolios LLC 0.31% of their portfolio CLEARWATER, FL 21,70721.7k $450.9k $450.9k 0.31% Reduced -900 -900
77 TrinityPoint Wealth, LLC 0.07% of their portfolio MILFORD, CT 21,61021.6k $448.8k $448.8k 0.07% Reduced -4.4k -4,443
78 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 19,85419.9k $412.4k $412.4k 0.01% Added +92 +92
79 RAYMOND JAMES TRUST N.A. 0.01% of their portfolio ST. PETERSBURG, FL 19,44819.4k $403.9k $403.9k 0.01% Unchanged
80 Shaker Financial Services, LLC 0.15% of their portfolio Arlington, VA 18,00018.0k $374.7k $374.7k 0.15% New
81 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 17,62617.6k $366.1k $366.1k 0.00% Unchanged
82 Wealthcare Advisory Partners LLC 0.01% of their portfolio WEST CHESTER, PA 17,37417.4k $360.9k $360.9k 0.01% Reduced -593 -593
83 Summit Financial Wealth Advisors, LLC 0.07% of their portfolio Lafayette, LA 17,07517.1k $354.6k $354.6k 0.07% Reduced -2.4k -2,350
84 Icon Wealth Advisors, LLC 0.03% of their portfolio HOUSTON, TX 16,82516.8k $355.3k $355.3k 0.03% Unchanged
85 Tamar Securities, LLC 0.06% of their portfolio Woodland Hills, CA 16,81216.8k $349.2k $349.2k 0.06% Added +1.0k +1,008
86 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 16,74416.7k $348.6k $348.6k 0.00% Unchanged
87 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 15,87915.9k $329.8k $329.8k 0.00% Added +817 +817
88 NOMURA HOLDINGS INC 0.00% of their portfolio TOKYO, M0 15,63015.6k $324.6k $324.6k 0.00% Unchanged
89 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 14,42714.4k $299.7k $299.7k 0.00% Added +3.5k +3,509
90 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 14,24914.2k $296.0k $296.0k 0.00% Reduced -900 -900
91 Fort Point Capital Partners LLC 0.04% of their portfolio San Francisco, CA 13,48513.5k $280.1k $280.1k 0.04% Added +1.3k +1,292
92 MGB Wealth Management, LLC 0.10% of their portfolio ADDISON, TX 13,22613.2k $278.3k $278.3k 0.10% Unchanged
93 Edge Wealth Management LLC 0.06% of their portfolio NEW YORK, NY 13,00013.0k $270.0k $270.0k 0.06% Unchanged
94 Smartleaf Asset Management LLC 0.04% of their portfolio BOSTON, MA 12,88012.9k $266.5k $266.5k 0.04% Unchanged
95 Avior Wealth Management, LLC 0.01% of their portfolio OMAHA, NE 12,77012.8k $265.2k $265.2k 0.01% Added +65 +65
96 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 11,57911.6k $240.0k $240.0k 0.00% Unchanged
97 MELFA WEALTH MANAGEMENT, INC. 0.17% of their portfolio WESTBOROUGH, MA 11,56611.6k $240.2k $240.2k 0.17% Added +10 +10
98 HARBOR INVESTMENT ADVISORY, LLC 0.02% of their portfolio LUTHERVILLE, MD 11,47611.5k $238.4k $238.4k 0.02% Added +863 +863
99 Tyche Wealth Partners LLC 0.06% of their portfolio PLANO, TX 11,46611.5k $238.1k $238.1k 0.06% Added +24 +24
100 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 11,18911.2k $232.4k $232.4k 0.00% Added +9.9k +9,876