Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Blackrock Tax Municpal Bd Tr (BBN)

120 + Investors. Track Smart Money conviction in BBN. See who's accumulating, reducing, or initiating positions.

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -2
Streak
1Q ▼
Buyers last Q
50%

Smart Money Signals — BBN

Based on 120 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their BBN positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (98% of max)

98% of all-time peak
120 hedge funds hold BBN right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding BBN is almost the same as a year ago (+4 funds, +3% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 50% buying

58 buying57 selling
Last quarter: 58 funds bought or added vs 57 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-8 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 13 → 21 → 24 → 16. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

62% of holders stayed for 2+ years

62% conviction (2yr+) 23% medium 14% new
75 out of 120 hedge funds have held BBN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

12 → 13 → 21 → 24 → 16 new funds/Q
New funds entering each quarter: 13 → 21 → 24 → 16. A growing number of institutions are discovering BBN each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 65% veterans vs 18% newcomers

65% veterans 17% 1-2yr 18% new
Entry-cohort mix of 120 holders: 78 (65%) are 2+ year veterans, 20 entered 1–2 years ago, and 22 (18%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 55% AUM from top-100 funds

55% from top-100 AUM funds
12 of 120 holders are among the 100 largest funds by AUM, controlling 55% of total institutional value in BBN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.3
out of 10
Low Exit Risk
Exit risk score 3.3/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — BBN

In 2026 Q2, 58 hedge funds were net buyers of BBN (16 opened a new position, 42 added to an existing one), while 57 reduced or exited (39 trimmed, 18 sold completely) — a 50% buyer ratio, indicating a slight buying edge. 55% of total institutional value in BBN is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -2 funds (more exits than new entries). Total institutional holders: 120.

Hedge Fund Ownership: BBN

How many hedge funds hold BBN — quarterly history vs. share price
Quarterly hedge fund ownership of BBN vs. share price

Market Analysis: BBN

Analyst Price Targets

Avg. Price Target
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Analyst Recommendations

Stock Performance

Real-time

Company Profile: BBN

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

5 top-rated funds 0 high-conviction
Consensus
3.4
/ 10
breadth
×
Elite
1.2
/ 10
conviction
Hedge Fund Positioning: BBN
120 + Investors

Track Smart Money conviction in BBN. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 120 122 -1.64%
13F Shares 27M 26M 2.85%
Total Value $302M $295M 2.28%
New Positions 16 24 -8
Increased Positions 42 44 -2
Closed Positions 18 20 -2
Reduced Positions 39 28 +11
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: BBN

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Institutional Holders (2026 Q2)

120 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in BBN. Verified SEC 13F-HR filings.

QUARTER:
Top 25 BBN holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Eagle Bluffs Wealth Management LLC 12.88% 2,383,435 $38.5M
2 Broyhill Asset Management, LLC 2.13% 148,461 $2.4M
3 Rivernorth Capital Management, LLC 1.25% 1,622,646 $26.2M
4 Lifetime Wealth Management P.C. 0.57% 60,672 $981K
5 Primoris Wealth Advisors, LLC 0.57% 77,237 $1.2M
6 Noble Wealth Management PBC 0.55% 75,712 $1.2M
7 Petra Financial Advisors Inc 0.53% 71,225 $1.2M
8 Rareview Capital LLC 0.51% 56,424 $909K
9 Intellectus Partners, LLC 0.46% 164,884 $2.7M
10 Oder Investment Management, LLC 0.39% 35,566 $575K
11 Orleans Capital Management Corp/la 0.33% 39,265 $635K
12 Coquina Private Wealth LLC 0.31% 27,954 $452K
13 Integrated Capital Management, INC. 0.29% 26,065 $421K
14 Westview Management dba Westview Investment Advisors 0.28% 35,005 $566K
15 Walker Asset Management, LLC 0.26% 31,621 $511K
16 Comprehensive Money Management Services LLC 0.21% 21,095 $341K
17 Commons Capital, LLC 0.18% 16,192 $262K
18 Access Financial Services, INC. 0.18% 33,785 $546K
19 1607 Capital Partners, LLC 0.14% 101,975 $1.6M
20 Gridiron Partners, LLC 0.14% 16,587 $268K
21 Melfa Wealth Management, INC. 0.13% 15,040 $243K
22 Addison Capital Co 0.09% 35,786 $579K
23 Carl P. Sherr & Co., LLC 0.08% 11,810 $191K
24 Basso Capital Management, L.P. 0.07% 21,306 $345K
25 Palogic Value Management, L.P. 0.06% 10,500 $170K
Investor Ownership
History
% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Blackrock Tax Municpal Bd Tr (BBN)

What does the Smart Money Trend signal show for BBN?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their BBN positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for BBN?

Slight buying edge — 50% buying: Last quarter: 58 funds bought or added vs 57 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for BBN holders?

Elite ownership — 55% AUM from top-100 funds: 12 of 120 holders are among the 100 largest funds by AUM, controlling 55% of total institutional value in BBN. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held BBN?

62% of holders stayed for 2+ years: 75 out of 120 hedge funds have held BBN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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