Cliff Asness’s BlackRock Long-Term Municipal Advantage Trust BTA Stock Holding History

Cliff Asness’s Portfolio BTA Stock Details BTA Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-17,384	Closed	-$196K	–	2168
2014 Q4	$196K	Buy	17,384 +4,118	+31%	+$46.4K	﹤0.01%	2367
2014 Q3	$149K	Buy	+13,266	New	+$148K	﹤0.01%	2402

Other funds holding BTA

SIA

Sit Investment Associates Minneapolis, Minnesota $5.28B AUM 14.42% 1-Year Est. Return

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

Guggenheim Capital Chicago, Illinois $15.9B AUM 53.4% 1-Year Est. Return

KIM

Karpus Investment Management Pittsford, New York $3.48B AUM 10.49% 1-Year Est. Return

Cohen & Steers New York $63.2B AUM 17.15% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

Bank of Montreal Toronto, Ontario, Canada $304B AUM 35.64% 1-Year Est. Return

TCM

Tradewinds Capital Management Bellingham, Washington $563M AUM 41.52% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

PPA

Parametric Portfolio Associates Seattle, Washington $190B AUM 18.52% 1-Year Est. Return

Cliff Asness's BTA Position: Q1 2015 in Review

Cliff Asness sold out of BlackRock Long-Term Municipal Advantage Trust (BTA) in Q1 2015, closing a stake of 17,384 shares — an estimated $196K sold.

Cliff Asness first reported a position in BTA in Q3 2014 and held it in 2 quarters. The position peaked at $196K in Q4 2014. 34 funds tracked by Wall St. Rank hold BTA as of Q1 2015.

Cliff Asness reported no remaining BlackRock Long-Term Municipal Advantage Trust position as of Q1 2015 after selling out during the quarter.
Cliff Asness sold 17,384 BlackRock Long-Term Municipal Advantage Trust shares in Q1 2015, an estimated $196K.
Cliff Asness first reported a position in BlackRock Long-Term Municipal Advantage Trust in Q3 2014 and held it in 2 quarters.
Cliff Asness's BlackRock Long-Term Municipal Advantage Trust position peaked at $196K in Q4 2014.
34 funds tracked by Wall St. Rank held BlackRock Long-Term Municipal Advantage Trust as of Q1 2015.

Based on AQR Capital Management's 13F filing for Q1 2015, filed 15 May 2015.