Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Blackrock Tax Municpal Bd Tr (BBN)

122 + 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
↑ +5
Streak
2Q ▲
Buyers last Q
59%

Smart Money Signals — BBN

Based on 122 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added BBN than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (99% of max)

99% of all-time peak
122 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.
📶

Steady growth — +7% more funds vs a year ago

fund count last 6Q
+8 new funds entered over the past year (+7% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction. The peak was reached in just 2 quarters from the low — a sharp move.
🟡

Slight buying edge — 59% buying

68 buying47 selling
Last quarter: 68 funds bought or added vs 47 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.
➡️

Steady new buyers — ~24 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 11 → 13 → 21 → 24. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

61% of holders stayed for 2+ years

61% conviction (2yr+) 21% medium 18% new
74 out of 122 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.
💎

Buying through price weakness — shares +6%, value -26%

Value
-25%
Shares
+6%
Last quarter: funds added +6% more shares while total portfolio value only changed -26%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
🚀

Acceleration phase — new buyers rushing in

8 → 11 → 13 → 21 → 24 new funds/Q
New funds entering each quarter: 11 → 13 → 21 → 24. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Veteran-anchored — 65% veterans vs 17% newcomers

65% veterans 18% 1-2yr 17% new
Entry-cohort mix of 122 holders: 79 (65%) are 2+ year veterans, 22 entered 1–2 years ago, and 21 (17%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 58% AUM from top-100 funds

58% from top-100 AUM funds
12 of 122 holders are among the 100 largest funds by AUM, controlling 58% 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.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — 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 Q1, 68 hedge funds were net buyers of BBN (24 opened a new position, 44 added to an existing one), while 47 reduced or exited (28 trimmed, 19 sold completely) — a 59% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 58% of total institutional value in BBN is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +5 funds (more new holders than closures). Total institutional holders: 122.

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
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BBN

-- --

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

Is It Too Late to Buy Blackrock Tax Municpal Bd Tr (BBN) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much BBN has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 77d ago
BBN
-1.4%
XLF
+1220.3%

BBN outperformed XLF by -1221.7% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 32d ago
BBN
+1.6%
XLF
+4.8%

Since the filing became public, BBN outperformed XLF by -3.2% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

8 top-rated funds 1 high-conviction
Consensus
4.1
/ 10
breadth
×
Elite
1.4
/ 10
conviction
Hedge Fund Positioning: BBN
122 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 122 117 4.27%
13F Shares 26M 25M 6.14%
Total Value $295M $398M -25.72%
New Positions 24 21 +3
Increased Positions 44 32 +12
Closed Positions 19 17 +2
Reduced Positions 28 37 -9
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 Q1)

122 + 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 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Eagle Bluffs Wealth Management LLC 13.87% 2,202,048 $35.6M
2 Broyhill Asset Management, LLC 2.28% 152,530 $2.5M
3 Focused Wealth Management, Inc 1.36% 812,411 $13.1M
4 Pursuit Wealth Strategies, LLC 0.94% 41,044 $670K
5 Primoris Wealth Advisors, LLC 0.88% 77,234 $1.2M
6 Rareview Capital LLC 0.73% 76,836 $1.2M
7 Petra Financial Advisors Inc 0.71% 71,390 $1.2M
8 Integrity Wealth Partners, LLC 0.65% 44,345 $717K
9 Noble Wealth Management PBC 0.60% 73,772 $1.2M
10 Lifetime Wealth Management P.C. 0.57% 61,809 $999K
11 Intellectus Partners, LLC 0.52% 156,237 $2.5M
12 Oder Investment Management, LLC 0.44% 35,152 $568K
13 Orleans Capital Management Corp/la 0.43% 39,265 $635K
14 Coquina Private Wealth LLC 0.35% 27,175 $439K
15 Walker Asset Management, LLC 0.32% 36,421 $589K
16 Integrated Capital Management, INC. 0.31% 28,764 $465K
17 Westview Management dba Westview Investment Advisors 0.30% 35,696 $577K
18 Gridiron Partners, LLC 0.27% 27,766 $449K
19 Comprehensive Money Management Services LLC 0.22% 21,095 $341K
20 Commons Capital, LLC 0.22% 16,023 $259K
21 Access Financial Services, INC. 0.19% 33,786 $546K
22 1607 Capital Partners, LLC 0.19% 163,212 $2.6M
23 Rivernorth Capital Management, LLC 0.19% 233,622 $3.8M
24 Logan Stone Capital, LLC 0.15% 33,209 $537K
25 Seelaus Asset Management LLC 0.15% 12,735 $206K
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?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added BBN than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for BBN?

Slight buying edge — 59% buying: Last quarter: 68 funds bought or added vs 47 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 — 58% AUM from top-100 funds: 12 of 122 holders are among the 100 largest funds by AUM, controlling 58% 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?

61% of holders stayed for 2+ years: 74 out of 122 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.

Is it too late to buy Blackrock Tax Municpal Bd Tr (BBN) following the 2026 Q1 hedge fund 13F filings?

As of today, BBN has moved +1.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.8% for the XLF sector ETF — an outperformance of -3.2%. Since the quarter end (March 31, 2026), BBN has gained -1.4% vs +1220.3% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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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