Vault-13

BLACKROCK MUN TARGET TERM TR BTT

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

128 institutional holders +0 vs Q2 2024
21,711,25921.7m shares reported held*
$469.0mreported value*
11 new 41 added 42 reduced 12 sold out net bought ≈ $19.7m (+910.5k 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 ≈ $21.60. Options: 1 managers hold calls ($0 notional), 1 hold puts ($0).

Trends to Q3 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: 128Q3 24: 128128Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 2022108
Q4 2022120
Q1 2023117
Q2 2023119
Q3 2023115
Q4 2023127
Q1 2024123
Q2 2024128
Q3 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 outQ1 23: 54 bought or addedQ1 23: 45 cut or sold outQ1 23Q2 23: 48 bought or addedQ2 23: 55 cut or sold outQ3 23: 49 bought or addedQ3 23: 56 cut or sold outQ3 23Q4 23: 55 bought or addedQ4 23: 56 cut or sold outQ1 24: 49 bought or addedQ1 24: 57 cut or sold outQ1 24Q2 24: 58 bought or addedQ2 24: 48 cut or sold outQ3 24: 52 bought or addedQ3 24: 54 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 20225547
Q1 20235445
Q2 20234855
Q3 20234956
Q4 20235556
Q1 20244957
Q2 20245848
Q3 20245254

Biggest buyers

Almitas Capital LLC Added +459,519+459.5k
Logan Stone Capital, LLC Added +297,711+297.7k
Pathstone Holdings, LLC Added +288,682+288.7k
Tortoise Investment Management, LLC Added +220,154+220.2k
LPL Financial LLC Added +197,617+197.6k
Hara Capital LLC Added +174,313+174.3k
Elgethun Capital Management New +132,989+133.0k
NorthCoast Asset Management LLC New +87,803+87.8k
CITY OF LONDON INVESTMENT MANAGEMENT CO LTD Added +71,520+71.5k
SENTINEL TRUST CO LBA Added +57,975+58.0k

Biggest sellers

RIVERNORTH CAPITAL MANAGEMENT, LLC Reduced -372,650-372.6k
Atlas Wealth LLC Sold out -179,785-179.8k
Rockefeller Capital Management L.P. Reduced -173,309-173.3k
Allspring Global Investments Holdings, LLC Reduced -122,677-122.7k
GOLDMAN SACHS GROUP INC Sold out -92,651-92.7k
MORGAN STANLEY Reduced -74,902-74.9k
LANDSCAPE CAPITAL MANAGEMENT, L.L.C. Reduced -66,052-66.1k
BANK OF AMERICA CORP /DE/ Reduced -59,952-60.0k
STIFEL FINANCIAL CORP Reduced -51,188-51.2k
Bank of New York Mellon Corp Sold out -46,840-46.8k

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 Q3 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 Q3 2024.

Holders, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Karpus Management, Inc. 1.55% of their portfolio Pittsford, NY 2,581,5222.6m $55.8m $55.8m 1.55% Added +44.6k +44,616
2 RIVERNORTH CAPITAL MANAGEMENT, LLC 1.84% of their portfolio WEST PALM BEACH, FL 1,761,0141.8m $38.1m $38.1m 1.84% Reduced -372.6k -372,650
3 MacKay Shields LLC 0.83% of their portfolio New York, NY 1,401,7011.4m $30.3m $30.3m 0.83% Unchanged
4 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,349,1111.3m $29.2m $29.2m 0.00% Reduced -74.9k -74,902
5 Allspring Global Investments Holdings, LLC 0.04% of their portfolio CHARLOTTE, NC 1,092,0121.1m $23.6m $23.6m 0.04% Reduced -122.7k -122,677
6 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,010,7881.0m $21.9m $21.9m 0.00% Reduced -60.0k -59,952
7 Logan Stone Capital, LLC 5.22% of their portfolio CHICAGO, IL 968,992969.0k $20.9m $20.9m 5.22% Added +297.7k +297,711
8 UBS Group AG 0.01% of their portfolio ZURICH, V8 829,611829.6k $17.9m $17.9m 0.01% Added +18.1k +18,092
9 Tortoise Investment Management, LLC 1.40% of their portfolio WHITE PLAINS, NY 618,327618.3k $13.4m $13.4m 1.40% Added +220.2k +220,154
10 VAN ECK ASSOCIATES CORP 0.01% of their portfolio NEW YORK, NY 539,934539.9k $11.4m $11.4m 0.01% Added +43.4k +43,381
11 Almitas Capital LLC 4.10% of their portfolio SANTA MONICA, CA 536,911536.9k $11.6m $11.6m 4.10% Added +459.5k +459,519
12 CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.97% of their portfolio London, X0 515,329515.3k $11.1m $11.1m 0.97% Added +71.5k +71,520
13 SENTINEL TRUST CO LBA 1.25% of their portfolio HOUSTON, TX 508,921508.9k $11.0m $11.0m 1.25% Added +58.0k +57,975
14 Pathstone Holdings, LLC 0.05% of their portfolio ENGLEWOOD, NJ 497,683497.7k $10.8m $10.8m 0.05% Added +288.7k +288,682
15 Merit Financial Group, LLC 0.23% of their portfolio ALPHARETTA, GA 480,783480.8k $10.4m $10.4m 0.23% Reduced -7.2k -7,178
16 Narwhal Capital Management 0.91% of their portfolio MARIETTA, GA 469,054469.1k $10.1m $10.1m 0.91% Reduced -13.3k -13,288
17 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 401,175401.2k $8.7m $8.7m 0.01% Reduced -51.2k -51,188
18 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 400,459400.5k $8.7m $8.7m 0.00% Added +197.6k +197,617
19 Saba Capital Management, L.P. 0.18% of their portfolio NEW YORK, NY 382,344382.3k $8.3m $8.3m 0.18% Unchanged
20 Hennion & Walsh Asset Management, Inc. 0.29% of their portfolio Parsippany, NJ 288,451288.5k $6.2m $6.2m 0.29% Added +49.8k +49,793
21 AQR Arbitrage LLC 0.13% of their portfolio Greenwich, CT 260,292260.3k $5.6m $5.6m 0.13% Reduced -43.4k -43,359
22 WealthBridge Capital Management, LLC 1.51% of their portfolio WESTERVILLE, OH 243,516243.5k $5.3m $5.3m 1.51% Reduced -2.3k -2,267
23 Hara Capital LLC 3.27% of their portfolio BELLEVUE, WA 243,515243.5k $5.3m $5.3m 3.27% Added +174.3k +174,313
24 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 239,836239.8k $5.2m $5.2m 0.01% Unchanged
25 Jacobi Capital Management LLC 0.32% of their portfolio PITTSTON, PA 196,689196.7k $4.3m $4.3m 0.32% Added +7.7k +7,699
26 1607 Capital Partners, LLC 0.31% of their portfolio Richmond, VA 157,235157.2k $3.4m $3.4m 0.31% Reduced -12.0k -12,000
27 Advisors Asset Management, Inc. 0.06% of their portfolio Monument, CO 146,574146.6k $3.2m $3.2m 0.06% Reduced -398 -398
28 Steward Partners Investment Advisory, LLC 0.03% of their portfolio STAMFORD, CT 138,299138.3k $3.0m $3.0m 0.03% Added +2.9k +2,852
29 Beverly Hills Private Wealth, LLC 0.60% of their portfolio BEVERLY HILLS, CA 137,663137.7k $3.0m $3.0m 0.60% Added +30.7k +30,744
30 WALTER & KEENAN WEALTH MANAGEMENT LLC /IN/ /ADV 0.88% of their portfolio SOUTH BEND, IN 134,059134.1k $2.9m $2.9m 0.88% Reduced -19.1k -19,144
31 Elgethun Capital Management 0.67% of their portfolio SIOUX FALLS, SD 132,989133.0k $2.9m $2.9m 0.67% New
32 Amplius Wealth Advisors, LLC 0.29% of their portfolio BLUE BELL, PA 123,917123.9k $2.7m $2.7m 0.29% Reduced -1.0k -1,030
33 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 114,189114.2k $2.5m $2.5m 0.01% Reduced -173.3k -173,309
34 Waterfront Wealth Inc. 0.58% of their portfolio OVERLAND PARK, KS 112,473112.5k $2.4m $2.4m 0.58% Reduced -887 -887
35 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 105,416105.4k $2.3m $2.3m 0.00% Reduced -2.4k -2,373
36 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.23% of their portfolio Englewood, NJ 104,323104.3k $2.3m $2.3m 0.23% Reduced -66.1k -66,052
37 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 101,371101.4k $2.2m $2.2m 0.00% Reduced -548 -548
38 Eldridge Investment Advisors, Inc. 0.51% of their portfolio MANCHESTER, NH 100,394100.4k $2.2m $2.2m 0.51% Added +16.3k +16,251
39 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 89,49389.5k $1.9m $1.9m 0.00% Reduced -1.3k -1,282
40 NorthCoast Asset Management LLC 0.01% of their portfolio STAMFORD, CT 87,80387.8k $1.9m $1.9m 0.01% New
41 NINE MASTS CAPITAL Ltd 0.86% of their portfolio CENTRAL, K3 84,63484.6k $1.8m $1.8m 0.86% Added +23.0k +22,967
42 Gridiron Partners, LLC 0.99% of their portfolio Wexford, PA 75,85575.9k $1.6m $1.6m 0.99% Unchanged
43 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 71,30271.3k $1.5m $1.5m 0.01% Added +21.3k +21,330
44 Anchor Investment Management, LLC 0.14% of their portfolio COLUMBIA, SC 67,89467.9k $1.5m $1.5m 0.14% Added +31 +31
45 Maltin Wealth Management, Inc. 0.70% of their portfolio RIDGEWOOD, NJ 66,19666.2k $1.4m $1.4m 0.70% Added +29.0k +28,969
46 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 65,15665.2k $1.4m $1.4m 0.00% Reduced -5.3k -5,332
47 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 64,42764.4k $1.4m $1.4m 0.00% Reduced -925 -925
48 GILL CAPITAL PARTNERS, LLC 0.45% of their portfolio DENVER, CO 58,34058.3k $1.3m $1.3m 0.45% Reduced -27.4k -27,400
49 LexAurum Advisors, LLC 0.28% of their portfolio OVERLAND PARK, KS 57,89257.9k $1.3m $1.3m 0.28% Reduced -2.0k -2,035
50 PINNACLE ASSOCIATES LTD 0.02% of their portfolio NEW YORK, NY 57,06457.1k $1.2m $1.2m 0.02% Reduced -26 -26
51 Dakota Wealth Management 0.03% of their portfolio PALM BEACH GARDENS, FL 54,50054.5k $1.2m $1.2m 0.03% Unchanged
52 Matisse Capital 0.52% of their portfolio PORTLAND, OR 49,69749.7k $1.1m $1.1m 0.52% Unchanged
53 Advisory Services Network, LLC 0.02% of their portfolio ATLANTA, GA 45,60145.6k $947.1k $947.1k 0.02% Unchanged
54 EP Wealth Advisors, LLC 0.01% of their portfolio TORRANCE, CA 45,30445.3k $979.5k $979.5k 0.01% Unchanged
55 Seed Wealth Management, Inc. 0.76% of their portfolio EVANSTON, IL 44,22044.2k $956.0k $956.0k 0.76% Reduced -2.0k -2,000
56 WOLVERINE ASSET MANAGEMENT LLC 0.02% of their portfolio CHICAGO, IL 43,40943.4k $938.5k $938.5k 0.02% Added +1.8k +1,775
57 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 42,58042.6k $920.6k $920.6k 0.00% Reduced -1.8k -1,809
58 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 42,06442.1k $909.4k $909.4k 0.00% Reduced -38.5k -38,476
59 GUGGENHEIM CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 41,44341.4k $896.0k $896.0k 0.01% Reduced -5.5k -5,541
60 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 41,16541.2k $890.0k $890.0k 0.00% New
61 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 40,79340.8k $878.0k $878.0k 0.00% Added +8.7k +8,741
62 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 38,96839.0k $842.5k $842.5k 0.01% Added +3.5k +3,508
63 Oder Investment Management, LLC 0.70% of their portfolio WOODLAND HILLS, CA 37,74837.7k $816.1k $816.1k 0.70% Reduced -1.5k -1,478
64 RIVERBRIDGE PARTNERS LLC 0.01% of their portfolio MINNEAPOLIS, MN 34,79234.8k $752.2k $752.2k 0.01% Added +604 +604
65 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 29,43329.4k $636.0k $636.0k 0.00% Added +511 +511
66 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 29,07229.1k $628.5k $628.5k 0.00% Reduced -11.6k -11,556
67 CWM, LLC 0.00% of their portfolio OMAHA, NE 28,47228.5k $616.0k $616.0k 0.00% Reduced -1.9k -1,948
68 PRIVATE TRUST CO NA 0.06% of their portfolio CLEVELAND, OH 26,91726.9k $581.9k $581.9k 0.06% Added +101 +101
69 Andrew Hill Investment Advisors, Inc. 0.42% of their portfolio NAPLES, FL 25,97426.0k $561.6k $561.6k 0.42% Reduced -2 -2
70 Jefferies Financial Group Inc. 0.01% of their portfolio NEW YORK, NY 25,82025.8k $558.2k $558.2k 0.01% Unchanged
71 Magnus Financial Group LLC 0.05% of their portfolio NEW YORK, NY 24,51624.5k $530.0k $530.0k 0.05% Added +2.0k +2,004
72 ENCOMPASS WEALTH ADVISORS, LLC 0.13% of their portfolio PORTLAND, OR 24,40024.4k $527.5k $527.5k 0.13% Unchanged
73 Ackerman Capital Advisors, LLC 0.13% of their portfolio DALLAS, TX 23,67923.7k $511.9k $511.9k 0.13% Added +13.1k +13,099
74 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 23,51523.5k $508.4k $508.4k 0.00% Unchanged
75 Wilmington Savings Fund Society, FSB 0.01% of their portfolio WILMINGTON, DE 23,47523.5k $507.5k $507.5k 0.01% Not comparable
76 RAYMOND JAMES TRUST N.A. 0.01% of their portfolio ST. PETERSBURG, FL 23,00223.0k $497.3k $497.3k 0.01% Added +3.6k +3,554
77 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 22,67722.7k $490.3k $490.3k 0.01% Added +2.8k +2,823
78 Successful Portfolios LLC 0.32% of their portfolio CLEARWATER, FL 21,70721.7k $469.3k $469.3k 0.32% Unchanged
79 TrinityPoint Wealth, LLC 0.07% of their portfolio MILFORD, CT 21,49921.5k $464.8k $464.8k 0.07% Reduced -111 -111
80 MONETA GROUP INVESTMENT ADVISORS LLC 0.01% of their portfolio ST LOUIS, MO 21,22521.2k $458.9k $458.9k 0.01% Reduced -2.1k -2,074
81 Covenant Asset Management, LLC 0.10% of their portfolio CHESTER, NJ 20,35020.4k $440.0k $440.0k 0.10% Reduced -2.4k -2,400
82 KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio AUSTIN, TX 18,67918.7k $403.8k $403.8k 0.01% New
83 Shaker Financial Services, LLC 0.14% of their portfolio Arlington, VA 17,69917.7k $383.5k $383.5k 0.14% Reduced -301 -301
84 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 17,62617.6k $381.1k $381.1k 0.00% Unchanged
85 Avior Wealth Management, LLC 0.02% of their portfolio OMAHA, NE 17,61417.6k $380.8k $380.8k 0.02% Added +4.8k +4,844
86 Wealthcare Advisory Partners LLC 0.01% of their portfolio WEST CHESTER, PA 17,40717.4k $376.3k $376.3k 0.01% Added +33 +33
87 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 17,12117.1k $370.2k $370.2k 0.00% Added +13.6k +13,557
88 Icon Wealth Advisors, LLC 0.03% of their portfolio HOUSTON, TX 16,82516.8k $363.8k $363.8k 0.03% Unchanged
89 Tamar Securities, LLC 0.05% of their portfolio Woodland Hills, CA 16,82016.8k $363.6k $363.6k 0.05% Added +8 +8
90 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 16,74416.7k $362.8k $362.8k 0.00% Unchanged
91 Summit Financial Wealth Advisors, LLC 0.07% of their portfolio Lafayette, LA 16,07516.1k $347.5k $347.5k 0.07% Reduced -1.0k -1,000
92 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 15,87915.9k $343.3k $343.3k 0.00% Unchanged
93 Virtu Financial LLC 0.02% of their portfolio New York, NY 13,43513.4k $290.0k $290.0k 0.02% New
94 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 13,24113.2k $286.3k $286.3k 0.00% New
95 Edge Wealth Management LLC 0.06% of their portfolio NEW YORK, NY 13,00013.0k $281.1k $281.1k 0.06% Unchanged
96 Smartleaf Asset Management LLC 0.03% of their portfolio BOSTON, MA 12,88012.9k $278.9k $278.9k 0.03% Unchanged
97 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 12,75812.8k $275.8k $275.8k 0.00% Reduced -1.7k -1,669
98 ORLEANS CAPITAL MANAGEMENT CORP/LA 0.15% of their portfolio MANDEVILLE, LA 11,98012.0k $259.0k $259.0k 0.15% New
99 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 11,57911.6k $250.0k $250.0k 0.00% Unchanged
100 MELFA WEALTH MANAGEMENT, INC. 0.17% of their portfolio WESTBOROUGH, MA 11,57411.6k $250.2k $250.2k 0.17% Added +8 +8