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 ≈ $20.77. Options: 1 managers hold calls ($0 notional), 1 hold puts ($0).
Trends to Q2 2024
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 |
| Q1 2024 | 123 |
| Q2 2024 | 128 |
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 |
| Q1 2024 | 49 | 57 |
| Q2 2024 | 58 | 48 |
Biggest buyers
| Saba Capital Management, L.P. | New | +382.3k |
| Tortoise Investment Management, LLC | Added | +365.8k |
| Logan Stone Capital, LLC | Added | +296.2k |
| Atlas Wealth LLC | New | +179.8k |
| SENTINEL TRUST CO LBA | Added | +112.5k |
| Allspring Global Investments Holdings, LLC | Added | +105.7k |
| GOLDMAN SACHS GROUP INC | New | +92.7k |
| Almitas Capital LLC | New | +77.4k |
| AQR Arbitrage LLC | Added | +70.6k |
| Matisse Capital | New | +49.7k |
Biggest sellers
| MORGAN STANLEY | Reduced | -3.0m |
| Rockefeller Capital Management L.P. | Reduced | -195.8k |
| Relative Value Partners Group, LLC | Sold out | -66.1k |
| BANK OF AMERICA CORP /DE/ | Reduced | -66.1k |
| WealthBridge Capital Management, LLC | Reduced | -59.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Sold out | -48.4k |
| CLIFTONLARSONALLEN WEALTH ADVISORS, LLC | Reduced | -37.7k |
| VAN ECK ASSOCIATES CORP | Reduced | -30.8k |
| WALTER & KEENAN WEALTH MANAGEMENT LLC /IN/ /ADV | Reduced | -24.8k |
| RIVERNORTH CAPITAL MANAGEMENT, LLC | Reduced | -11.1k |
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 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
| Manager | Shares | Change |
|---|---|---|
| Karpus Management, Inc. 1.48% of their portfolio | 2.5m $52.7m | Added +19.5k |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 2.09% of their portfolio | 2.1m $44.3m | Reduced -11.1k |
| MORGAN STANLEY 0.00% of their portfolio | 1.4m $29.6m | Reduced -3.0m |
| MacKay Shields LLC 0.88% of their portfolio | 1.4m $29.1m | Unchanged |
| Allspring Global Investments Holdings, LLC 0.04% of their portfolio | 1.2m $25.2m | Added +105.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.1m $22.2m | Reduced -66.1k |
| UBS Group AG 0.01% of their portfolio | 811.5k $16.9m | Added +21.6k |
| Logan Stone Capital, LLC 3.60% of their portfolio | 671.3k $13.9m | Added +296.2k |
| VAN ECK ASSOCIATES CORP 0.01% of their portfolio | 496.6k $10.3m | Reduced -30.8k |
| Merit Financial Group, LLC 0.22% of their portfolio | 488.0k $10.1m | Reduced -3.1k |
| Narwhal Capital Management 0.95% of their portfolio | 482.3k $10.0m | Reduced -3.3k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 452.4k $9.4m | Reduced -5.9k |
| SENTINEL TRUST CO LBA 1.15% of their portfolio | 450.9k $9.4m | Added +112.5k |
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.79% of their portfolio | 443.8k $9.2m | Added +15.5k |
| Tortoise Investment Management, LLC 0.94% of their portfolio | 398.2k $8.3m | Added +365.8k |
| Saba Capital Management, L.P. 0.17% of their portfolio | 382.3k $7.9m | New |
| AQR Arbitrage LLC 0.16% of their portfolio | 303.7k $6.3m | Added +70.6k |
| Rockefeller Capital Management L.P. 0.02% of their portfolio | 287.5k $6.0m | Reduced -195.8k |
| WealthBridge Capital Management, LLC 1.69% of their portfolio | 245.8k $5.1m | Reduced -59.3k |
| Cerity Partners LLC 0.01% of their portfolio | 239.8k $5.0m | Added +11.8k |
| Hennion & Walsh Asset Management, Inc. 0.25% of their portfolio | 238.7k $5.0m | Added +7.4k |
| Pathstone Holdings, LLC 0.02% of their portfolio | 209.0k $4.3m | Added +8.4k |
| LPL Financial LLC 0.00% of their portfolio | 202.8k $4.2m | Added +25.6k |
| Jacobi Capital Management LLC 0.34% of their portfolio | 189.0k $3.9m | Added +9.9k |
| Atlas Wealth LLC 0.44% of their portfolio | 179.8k $3.7m | New |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.30% of their portfolio | 170.4k $3.5m | Added +43.4k |
| 1607 Capital Partners, LLC 0.31% of their portfolio | 169.2k $3.5m | Reduced -7.4k |
| WALTER & KEENAN WEALTH MANAGEMENT LLC /IN/ /ADV 1.01% of their portfolio | 153.2k $3.2m | Reduced -24.8k |
| Advisors Asset Management, Inc. 0.06% of their portfolio | 147.0k $3.1m | Reduced -4.2k |
| Steward Partners Investment Advisory, LLC 0.03% of their portfolio | 135.4k $2.8m | Reduced -4.5k |
| Amplius Wealth Advisors, LLC 0.29% of their portfolio | 124.9k $2.6m | Reduced -6.2k |
| Waterfront Wealth Inc. 0.64% of their portfolio | 113.4k $2.4m | Reduced -2.8k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 107.8k $2.2m | Reduced -2.9k |
| Beverly Hills Private Wealth, LLC 0.48% of their portfolio | 106.9k $2.2m | Added +45.7k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 101.9k $2.1m | Reduced -9.4k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 92.7k $1.9m | New |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 90.8k $1.9m | Reduced -5.9k |
| GILL CAPITAL PARTNERS, LLC 0.69% of their portfolio | 85.7k $1.8m | Unchanged |
| Eldridge Investment Advisors, Inc. 0.44% of their portfolio | 84.1k $1.7m | Added +6.7k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 80.5k $1.7m | Added +18.1k |
| Almitas Capital LLC 0.67% of their portfolio | 77.4k $1.6m | New |
| Gridiron Partners, LLC 1.00% of their portfolio | 75.9k $1.6m | Unchanged |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 70.5k $1.5m | Added +5.1k |
| Hara Capital LLC 0.92% of their portfolio | 69.2k $1.4m | Reduced -1.1k |
| Anchor Investment Management, LLC 0.15% of their portfolio | 67.9k $1.4m | Added +6.0k |
| Baird Financial Group, Inc. 0.00% of their portfolio | 65.4k $1.4m | Reduced -4.2k |
| NINE MASTS CAPITAL Ltd 0.39% of their portfolio | 61.7k $1.3m | Added +6.9k |
| LexAurum Advisors, LLC 0.30% of their portfolio | 59.9k $1.2m | Reduced -1.6k |
| PINNACLE ASSOCIATES LTD 0.02% of their portfolio | 57.1k $1.2m | Added +13 |
| Dakota Wealth Management 0.03% of their portfolio | 54.5k $1.1m | Unchanged |
| Sanctuary Advisors, LLC 0.01% of their portfolio | 50.0k $1.0m | First filing |
| Matisse Capital 0.51% of their portfolio | 49.7k $1.0m | New |
| GUGGENHEIM CAPITAL LLC 0.01% of their portfolio | 47.0k $975.9k | Added +142 |
| Bank of New York Mellon Corp 0.00% of their portfolio | 46.8k $972.9k | Reduced -5.6k |
| Seed Wealth Management, Inc. 0.84% of their portfolio | 46.2k $960.0k | Added +27.4k |
| Advisory Services Network, LLC 0.02% of their portfolio | 45.6k $947.1k | Added +23 |
| EP Wealth Advisors, LLC 0.01% of their portfolio | 45.3k $941.0k | Unchanged |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 44.4k $922.0k | Reduced -8.1k |
| WOLVERINE ASSET MANAGEMENT LLC 0.02% of their portfolio | 41.6k $864.7k | Added +20.4k |
| Private Advisor Group, LLC 0.01% of their portfolio | 40.6k $843.8k | Added +166 |
| Oder Investment Management, LLC 0.74% of their portfolio | 39.2k $814.7k | Reduced -3.0k |
| Maltin Wealth Management, Inc. 0.42% of their portfolio | 37.2k $773.2k | Added +4.2k |
| Integrated Wealth Concepts LLC 0.01% of their portfolio | 35.5k $736.5k | Reduced -7.9k |
| RIVERBRIDGE PARTNERS LLC 0.01% of their portfolio | 34.2k $710.1k | Added +969 |
| HighTower Advisors, LLC 0.00% of their portfolio | 32.1k $664.0k | Added +21.9k |
| CWM, LLC 0.00% of their portfolio | 30.4k $632.0k | Reduced -447 |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 28.9k $601.0k | Reduced -10.4k |
| PRIVATE TRUST CO NA 0.06% of their portfolio | 26.8k $557.0k | Added +11.6k |
| Andrew Hill Investment Advisors, Inc. 0.45% of their portfolio | 26.0k $539.5k | Reduced -526 |
| Jefferies Financial Group Inc. 0.01% of their portfolio | 25.8k $536.3k | Reduced -2.9k |
| ENCOMPASS WEALTH ADVISORS, LLC 0.13% of their portfolio | 24.4k $506.8k | Unchanged |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 23.5k $488.4k | Unchanged |
| MONETA GROUP INVESTMENT ADVISORS LLC 0.01% of their portfolio | 23.3k $483.9k | Reduced -6.5k |
| Covenant Asset Management, LLC 0.11% of their portfolio | 22.8k $472.5k | Unchanged |
| Magnus Financial Group LLC 0.05% of their portfolio | 22.5k $467.6k | Added +4.7k |
| Successful Portfolios LLC 0.31% of their portfolio | 21.7k $450.9k | Reduced -900 |
| TrinityPoint Wealth, LLC 0.07% of their portfolio | 21.6k $448.8k | Reduced -4.4k |
| OPPENHEIMER & CO INC 0.01% of their portfolio | 19.9k $412.4k | Added +92 |
| RAYMOND JAMES TRUST N.A. 0.01% of their portfolio | 19.4k $403.9k | Unchanged |
| Shaker Financial Services, LLC 0.15% of their portfolio | 18.0k $374.7k | New |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 17.6k $366.1k | Unchanged |
| Wealthcare Advisory Partners LLC 0.01% of their portfolio | 17.4k $360.9k | Reduced -593 |
| Summit Financial Wealth Advisors, LLC 0.07% of their portfolio | 17.1k $354.6k | Reduced -2.4k |
| Icon Wealth Advisors, LLC 0.03% of their portfolio | 16.8k $355.3k | Unchanged |
| Tamar Securities, LLC 0.06% of their portfolio | 16.8k $349.2k | Added +1.0k |
| Cresset Asset Management, LLC 0.00% of their portfolio | 16.7k $348.6k | Unchanged |
| Kestra Advisory Services, LLC 0.00% of their portfolio | 15.9k $329.8k | Added +817 |
| NOMURA HOLDINGS INC 0.00% of their portfolio | 15.6k $324.6k | Unchanged |
| Cetera Investment Advisers 0.00% of their portfolio | 14.4k $299.7k | Added +3.5k |
| Creative Planning 0.00% of their portfolio | 14.2k $296.0k | Reduced -900 |
| Fort Point Capital Partners LLC 0.04% of their portfolio | 13.5k $280.1k | Added +1.3k |
| MGB Wealth Management, LLC 0.10% of their portfolio | 13.2k $278.3k | Unchanged |
| Edge Wealth Management LLC 0.06% of their portfolio | 13.0k $270.0k | Unchanged |
| Smartleaf Asset Management LLC 0.04% of their portfolio | 12.9k $266.5k | Unchanged |
| Avior Wealth Management, LLC 0.01% of their portfolio | 12.8k $265.2k | Added +65 |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 11.6k $240.0k | Unchanged |
| MELFA WEALTH MANAGEMENT, INC. 0.17% of their portfolio | 11.6k $240.2k | Added +10 |
| HARBOR INVESTMENT ADVISORY, LLC 0.02% of their portfolio | 11.5k $238.4k | Added +863 |
| Tyche Wealth Partners LLC 0.06% of their portfolio | 11.5k $238.1k | Added +24 |
| NewEdge Advisors, LLC 0.00% of their portfolio | 11.2k $232.4k | Added +9.9k |