BlackRock New Jersey Municipal Bond Trust
BLJ was delisted on the 8th of June, 2018.
11 hedge funds and large institutions have $1.45M invested in BlackRock New Jersey Municipal Bond Trust in 2014 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 2 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
8% less funds holding
Funds holding: 12 → 11 (-1)
25% less capital invested
Capital invested by funds: $1.93M → $1.45M (-$475K)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$156K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$21.1K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.47K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$340K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$282K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$142K |
| 4 |
Citigroup
New York
|
-$8.54K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GC
1
Guggenheim Capital
Chicago,
Illinois
| $491K | -$142K | -9,689 | -23% |
|
|
AAM
2
Advisors Asset Management
Monument,
Colorado
| $419K | +$156K | +10,599 | +62% |
|
3
LPL Financial
San Diego,
California
| $197K | – | – | – |
|
|
HCM
4
Highlander Capital Management
Short Hills,
New Jersey
| $136K | – | – | – |
|
|
5
Bank of America
Charlotte,
North Carolina
| $78K | +$21.1K | +1,438 | +39% |
|
|
6
Royal Bank of Canada
Toronto,
Ontario, Canada
| $55K | +$1.47K | +100 | +3% |
|
7
Morgan Stanley
New York
| $52K | – | – | – |
|
|
8
Citigroup
New York
| $8K | -$8.54K | -581 | -54% |
|
|
U
9
UBS
Zurich,
Switzerland
| $6K | – | – | – |
|
|
GSC
10
Ground Swell Capital
Folly Beach,
South Carolina
| $6K | +$5.82K | +396 | New |
|
11
Wells Fargo
San Francisco,
California
| $2K | – | – | – |
|
|
WAM
12
Wolverine Asset Management
Chicago,
Illinois
| – | -$340K | -24,503 | Closed |
|
|
DA
13
Doliver Advisors
Houston,
Texas
| – | -$282K | -20,282 | Closed |
|
BLJ Hedge Fund Activity: Q2 2014 in Review
11 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in BlackRock New Jersey Municipal Bond Trust (BLJ) for Q2 2014, worth a combined $1.45M — down 25% from $1.93M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of BLJ and 1 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 3 added.
The largest buyer was Advisors Asset Management, adding an estimated $156K. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $340K sold.
- 11 institutional investors held BlackRock New Jersey Municipal Bond Trust (BLJ) as of Q2 2014, down from 12 in Q1 2014.
- Funds reported $1.45M of BlackRock New Jersey Municipal Bond Trust stock for Q2 2014, down 25% quarter-over-quarter.
- 1 fund opened new BlackRock New Jersey Municipal Bond Trust positions in Q2 2014 and 2 closed out, a net change of -1 holder.
- The largest BlackRock New Jersey Municipal Bond Trust buyer in Q2 2014 was Advisors Asset Management, an estimated $156K added.
- The largest BlackRock New Jersey Municipal Bond Trust seller in Q2 2014 was Wolverine Asset Management, an estimated $340K sold.
Based on aggregated 13F filings for Q2 2014.