Blackrock Ca Muni 2018 Term Tr
BJZ
BJZ was delisted on the 14th of December, 2018.
18 hedge funds and large institutions have $22.2M invested in Blackrock Ca Muni 2018 Term Tr in 2018 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 2 increasing their positions, 7 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
69% more capital invested
Capital invested by funds: $13.2M → $22.2M (+$9.04M)
29% more funds holding
Funds holding: 14 → 18 (+4)
71% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$10.1M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$576K |
| 3 |
IP
Intellectus Partners
San Francisco,
California
|
+$189K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$134K |
| 5 |
RC
Roundview Capital
Princeton,
New Jersey
|
+$55.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$852K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$320K |
| 3 |
Morgan Stanley
New York
|
-$231K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$216K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$188K |
BJZ Hedge Fund Activity: Q1 2018 in Review
18 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Blackrock Ca Muni 2018 Term Tr (BJZ) for Q1 2018, worth a combined $22.2M — up 69% from $13.2M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new BJZ positions and 1 closed out — a net gain of 4 holders — while 2 added to existing stakes and 7 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $10.1M. The largest seller was Bank of America, cutting an estimated $852K.
- 18 institutional investors held Blackrock Ca Muni 2018 Term Tr (BJZ) as of Q1 2018, up from 14 in Q4 2017.
- Funds reported $22.2M of Blackrock Ca Muni 2018 Term Tr stock for Q1 2018, up 69% quarter-over-quarter.
- 5 funds opened new Blackrock Ca Muni 2018 Term Tr positions in Q1 2018 and 1 closed out, a net change of +4 holders.
- The largest Blackrock Ca Muni 2018 Term Tr buyer in Q1 2018 was Karpus Investment Management, an estimated $10.1M added.
- The largest Blackrock Ca Muni 2018 Term Tr seller in Q1 2018 was Bank of America, an estimated $852K sold.
Based on aggregated 13F filings for Q1 2018.