BlackRock Municipal Income Trust
BFKDelisted Feb 9, 2026- SEC CIK
- 0001137393
BlackRock Municipal Income Trust was delisted on Feb 9, 2026; its insiders filed their last Form 4 on Feb 26, 2026; 86 institutions reported holding it in 13F filings for Q4 2025, worth $178.6M in total; no superinvestor held it.
13F holders, Q4 2025
Institutional positions in BlackRock Municipal Income Trust as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works
BFK is no longer listed, so this page shows Q4 2025. 13F filings for later quarters list far fewer holders.
- Institutional holders
- 86
- −1 vs. Q3 2025
- Shares held
- 17.8M
- −538.9K (−2.9%) vs. Q3 2025
- Total value
- $178.6M
- −$1.34M (−0.7%) vs. Q3 2025
- New holders
- 12
- 24 more added
- Sold out
- 13
- 25 more reduced
1 institution that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 2025: new holders, sold out and not filed yet
Holders and value by quarter
Institutions reporting BFK on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 0 | $0 |
| Q1 2026 | 1 | $179.3K |
| Q4 2025 | 86 | $178.6M |
| Q3 2025 | 88 | $180.3M |
| Q2 2025 | 91 | $180.0M |
| Q1 2025 | 85 | $183.9M |
| Q4 2024 | 88 | $179.3M |
| Q3 2024 | 84 | $174.5M |
| Q2 2024 | 89 | $173.0M |
| Q1 2024 | 85 | $179.7M |
| Q4 2023 | 94 | $181.7M |
| Q3 2023 | 93 | $144.6M |
| Q2 2023 | 92 | $143.6M |
| Q1 2023 | 91 | $129.5M |
| Q4 2022 | 90 | $120.8M |
| Q3 2022 | 84 | $77.1M |
| Q2 2022 | 81 | $69.6M |
| Q1 2022 | 76 | $79.9M |
| Q4 2021 | 62 | $102.0M |
| Q3 2021 | 63 | $104.4M |
| Q2 2021 | 67 | $111.0M |
| Q1 2021 | 63 | $108.4M |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding BlackRock Municipal Income Trust; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Karpus Management, Inc. | 4,953,591 | $49.7M | 1.53% | +464,091+10.3% | Added |
| Rivernorth Capital Management, LLC | 3,116,366 | $31.3M | 1.48% | −109,822−3.4% | Reduced |
| Robinson Capital Management, LLC | 1,038,657 | $10.4M | 4.37% | −78,521−7.0% | Reduced |
| Mackay Shields LLC | 833,784 | $8.36M | 0.29% | 00.0% | Unchanged |
| Hennion & Walsh Asset Management, Inc. | 823,645 | $8.26M | 0.29% | −58,834−6.7% | Reduced |
| Bank of America Corp | 651,303 | $6.53M | 0.00% | +119,934+22.6% | Added |
| Pathstone Holdings, LLC | 563,354 | $5.65M | 0.02% | −259,812−31.6% | Reduced |
| Van Eck Associates Corp | 364,133 | $3.65M | 0.00% | +76,736+26.7% | Added |
| Wells Fargo & Company | 362,288 | $3.63M | 0.00% | −26,270−6.8% | Reduced |
| Guggenheim Capital LLC | 348,194 | $3.49M | 0.03% | −179,093−34.0% | Reduced |
| Advisors Asset Management, Inc. | 343,482 | $3.45M | 0.06% | −5,645−1.6% | Reduced |
| Rareview Capital LLC | 356,821 | $3.42M | 2.22% | +13,416+3.9% | Added |
| Morgan Stanley | 339,289 | $3.40M | 0.00% | +3,153+0.9% | Added |
| Fiera Capital Corp | 296,425 | $2.97M | 0.01% | +1,506+0.5% | Added |
| Dakota Wealth Management | 234,537 | $2.35M | 0.04% | +17,000+7.8% | Added |
| Raymond James Financial Inc | 212,515 | $2.13M | 0.00% | −23,337−9.9% | Reduced |
| Wakefield Asset Management LLLP | 182,789 | $1.83M | 0.50% | +535+0.3% | Added |
| Callahan Advisors, LLC | 179,326 | $1.80M | 0.15% | 00.0% | Unchanged |
| LPL Financial LLC | 172,686 | $1.73M | 0.00% | −514−0.3% | Reduced |
| Allspring Global Investments Holdings, LLC | 165,905 | $1.66M | 0.00% | +101,507+157.6% | Added |
| UBS Group AG | 149,220 | $1.50M | 0.00% | +28,758+23.9% | Added |
| Envestnet Asset Management Inc | 132,999 | $1.33M | 0.00% | −2,250−1.7% | Reduced |
| Westview Management dba Westview Investment Advisors | 121,838 | $1.22M | 0.58% | +121,838 | New |
| Park Avenue Securities LLC | 116,737 | $1.17M | 0.01% | −3,108−2.6% | Reduced |
| Atala Financial Inc | 107,716 | $1.08M | 0.69% | 00.0% | Unchanged |
| Royal Bank of Canada | 104,249 | $1.05M | 0.00% | +1,361+1.3% | Added |
| Melfa Wealth Management, LLC | 100,900 | $1.01M | 0.58% | 00.0% | Unchanged |
| City of London Investment Management Co Ltd | 96,407 | $967.0K | 0.07% | 00.0% | Unchanged |
| Mathes Company, Inc. | 81,500 | $817.0K | 0.29% | 00.0% | Unchanged |
| Gridiron Partners, LLC | 74,225 | $744.5K | 0.42% | −439,755−85.6% | Reduced |
| Compass Financial Group, INC | 67,199 | $674.0K | 0.10% | +815+1.2% | Added |
| Ackerman Capital Advisors, LLC | 61,567 | $617.5K | 0.12% | −8,169−11.7% | Reduced |
| Ameriprise Financial Inc | 60,916 | $611.0K | 0.00% | +4,606+8.2% | Added |
| Signature Estate & Investment Advisors LLC | 54,990 | $551.6K | 0.01% | 00.0% | Unchanged |
| Cambridge Investment Research Advisors, Inc. | 53,759 | $539.0K | 0.00% | −18,553−25.7% | Reduced |
| Bank of New York Mellon Corp | 51,768 | $519.2K | 0.00% | −21,849−29.7% | Reduced |
| Advisor Group Holdings, Inc. | 46,207 | $463.5K | 0.00% | −10,210−18.1% | Reduced |
| Jane Street Group, LLC | 46,166 | $463.0K | 0.00% | +32,978+250.1% | Added |
| Fortitude Advisory Group L.L.C. | 40,514 | $406.4K | 0.17% | 00.0% | Unchanged |
| Cetera Investment Advisers | 39,124 | $392.4K | 0.00% | +4,171+11.9% | Added |
| Stifel Financial Corp | 38,720 | $388.4K | 0.00% | +4,200+12.2% | Added |
| GWM Advisors LLC | 36,996 | $371.1K | 0.00% | +10,441+39.3% | Added |
| Westchester Capital Management, LLC | 35,704 | $358.1K | 0.02% | 00.0% | Unchanged |
| HighTower Advisors, LLC | 34,992 | $351.0K | 0.00% | +34,992 | New |
| Scarborough Advisors, LLC | 34,000 | $341.0K | 0.06% | 00.0% | Unchanged |
| Brinker Capital Investments, LLC | 31,018 | $311.1K | 0.00% | +7,529+32.1% | Added |
| Wesbanco Bank Inc | 29,518 | $296.1K | 0.01% | 00.0% | Unchanged |
| StoneX Group Inc. | 29,355 | $294.4K | 0.01% | −20,001−40.5% | Reduced |
| Integrated Capital Management, Inc. | 28,119 | $282.0K | 0.19% | +544+2.0% | Added |
| Wellspring Financial Advisors, LLC | 27,000 | $270.8K | 0.02% | +2,400+9.8% | Added |
| Centaurus Financial, Inc. | 25,438 | $255.0K | 0.01% | −2,180−7.9% | Reduced |
| Closed-End Fund Advisors, Inc. | 24,435 | $245.1K | 0.14% | +24,435 | New |
| Steward Partners Investment Advisory, LLC | 23,703 | $237.7K | 0.00% | −295−1.2% | Reduced |
| Commonwealth Equity Services, LLC | 22,602 | $226.7K | 0.00% | −1,134−4.8% | Reduced |
| Bank of Montreal | 22,519 | $225.9K | 0.00% | −1,624−6.7% | Reduced |
| Cary Street Partners Financial LLC | 21,752 | $218.2K | 0.01% | +5,752+35.9% | Added |
| Balyasny Asset Management LLC | 18,616 | $186.7K | 0.00% | +18,616 | New |
| Lido Advisors, LLC | 18,308 | $184.9K | 0.00% | 00.0% | Unchanged |
| Goldman Sachs Group Inc | 16,026 | $160.7K | 0.00% | +3,255+25.5% | Added |
| Tyche Wealth Partners LLC | 14,403 | $144.5K | 0.02% | 00.0% | Unchanged |
| Duncker Streett & Co Inc | 14,024 | $140.7K | 0.02% | 00.0% | Unchanged |
| Coastal Investment Advisors, Inc. | 13,550 | $135.9K | 0.04% | 00.0% | Unchanged |
| The PNC Financial Services Group, Inc. | 11,272 | $113.1K | 0.00% | 00.0% | Unchanged |
| MML Investors Services, LLC | 10,500 | $105.3K | 0.00% | +10,500 | New |
| 180 Wealth Advisors, LLC | 10,433 | $104.6K | 0.01% | 00.0% | Unchanged |
| Snowden Capital Advisors LLC | 10,421 | $104.5K | 0.00% | 00.0% | Unchanged |
| First Trust Advisors LP | 10,040 | $100.7K | 0.00% | +10,040 | New |
| Palogic Value Management, L.P. | 10,000 | $100.3K | 0.04% | 00.0% | Unchanged |
| Spire Wealth Management | 10,000 | $100.3K | 0.00% | 00.0% | Unchanged |
| Noble Wealth Management PBC | 9,418 | $94.5K | 0.05% | 00.0% | Unchanged |
| Kestra Advisory Services, LLC | 6,078 | $61.0K | 0.00% | +6,078 | New |
| Elyxium Wealth, LLC | 4,357 | $43.7K | 0.01% | +4,357 | New |
| Allworth Financial LP | 3,261 | $32.7K | 0.00% | −92,329−96.6% | Reduced |
| MAI Capital Management | 3,067 | $30.8K | 0.00% | +39+1.3% | Added |
| Comerica Bank | 2,500 | $25.1K | 0.00% | −1,002−28.6% | Reduced |
| Fifth Third Bancorp | 2,055 | $20.6K | 0.00% | −1,668−44.8% | Reduced |
| Caldwell Trust Co | 2,000 | $20.1K | 0.00% | 00.0% | Unchanged |
| Northwestern Mutual Wealth Management Co | 1,900 | $19.1K | 0.00% | +1,900 | New |
| Hollencrest Capital Management | 1,830 | $18.4K | 0.00% | −426−18.9% | Reduced |
| Bartlett & Co. Wealth Management LLC | 1,383 | $13.9K | 0.00% | 00.0% | Unchanged |
| Kilter Group LLC | 1,266 | $12.7K | 0.01% | +25+2.0% | Added |
| Ronald Blue Trust, Inc. | 247 | $2.48K | 0.00% | +247 | New |
| CIBC Private Wealth Group, LLC | 140 | $1.40K | 0.00% | +140 | New |
| Blue Bell Private Wealth Management, LLC | 100 | $1.00K | 0.00% | 00.0% | Unchanged |
| Assetmark, Inc | 25 | $251 | 0.00% | +25 | New |
| Bernard Wealth Management Corp. | 2 | $24 | 0.00% | 00.0% | Unchanged |
| Toronto Dominion Bank | 0 | $0 | 0.00% | −204,766−100.0% | Sold out |
| Great Valley Advisor Group, Inc. | 0 | $0 | 0.00% | −21,500−100.0% | Sold out |
| CI Private Wealth, LLC | 0 | $0 | 0.00% | −18,929−100.0% | Sold out |
| Uniting Wealth Partners, LLC | 0 | $0 | 0.00% | −17,940−100.0% | Sold out |
| Concurrent Investment Advisors, LLC | 0 | $0 | 0.00% | −16,425−100.0% | Sold out |
| River Street Advisors LLC | 0 | $0 | 0.00% | −13,667−100.0% | Sold out |
| Murphy, Middleton, Hinkle & Parker, Inc. | 0 | $0 | 0.00% | −10,000−100.0% | Sold out |
| Sit Investment Associates Inc | 0 | $0 | 0.00% | −2,800−100.0% | Sold out |
| NBC Securities, Inc. | 0 | $0 | 0.00% | −2,000−100.0% | Sold out |
| CoreCap Advisors, LLC | 0 | $0 | 0.00% | −1,200−100.0% | Sold out |
| FNY Investment Advisers, LLC | 0 | $0 | 0.00% | −800−100.0% | Sold out |
| US Bancorp | 0 | $0 | 0.00% | −338−100.0% | Sold out |
| WPG Advisers, LLC | 0 | $0 | 0.00% | −25−100.0% | Sold out |
| Clare Market Investments LLC | – | – | – | – | Not filed |