Global Endowment Management’s BlackRock MuniAssets Fund MUA Stock Holding History

Global Endowment Management’s Portfolio MUA Stock Details MUA Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-15,360	Closed	-$202K	–	261
2014 Q3	$202K	Sell	15,360 -23,640	-61%	-$308K	0.03%	238
2014 Q2	$500K	Sell	39,000 -90,494	-70%	-$1.15M	0.08%	179
2014 Q1	$1.59M	Hold	129,494	–	–	0.25%	126
2013 Q4	$1.5M	Buy	129,494 +93,894	+264%	+$1.09M	0.3%	126
2013 Q3	$424K	Hold	35,600	–	–	0.11%	147
2013 Q2	$449K	Buy	+35,600	New	+$478K	0.12%	128

Other funds holding MUA

AAM

Advisors Asset Management Monument, Colorado $6.01B AUM 24.74% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

NCM

Narwhal Capital Management Marietta, Georgia $1.36B AUM 27.85% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

CIA

Capital Investment Advisors Atlanta, Georgia $6.84B AUM 17.28% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

PPA

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

Global Endowment Management's MUA Position: Q4 2014 in Review

Global Endowment Management sold out of BlackRock MuniAssets Fund (MUA) in Q4 2014, closing a stake of 15,360 shares — an estimated $202K sold.

Global Endowment Management first reported a position in MUA in Q2 2013 and held it in 6 quarters. The position peaked at $1.59M in Q1 2014. 51 funds tracked by Wall St. Rank hold MUA as of Q4 2014.

Global Endowment Management reported no remaining BlackRock MuniAssets Fund position as of Q4 2014 after selling out during the quarter.
Global Endowment Management sold 15,360 BlackRock MuniAssets Fund shares in Q4 2014, an estimated $202K.
Global Endowment Management first reported a position in BlackRock MuniAssets Fund in Q2 2013 and held it in 6 quarters.
Global Endowment Management's BlackRock MuniAssets Fund position peaked at $1.59M in Q1 2014.
51 funds tracked by Wall St. Rank held BlackRock MuniAssets Fund as of Q4 2014.

Based on Global Endowment Management's 13F filing for Q4 2014, filed 17 Feb 2015.