BlackRock New Jersey Municipal Bond Trust
BLJ was delisted on the 8th of June, 2018.
13 hedge funds and large institutions have $2.64M invested in BlackRock New Jersey Municipal Bond Trust in 2016 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 2 closing their positions.
6% more capital invested
Capital invested by funds: $2.49M → $2.64M (+$149K)
0% more funds holding
Funds holding: 13 → 13 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$211K |
| 2 |
RC
RegentAtlantic Capital
Morristown,
New Jersey
|
+$206K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$18.7K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$12.4K |
| 5 |
Citigroup
New York
|
+$4.53K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$239K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$151K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$97.2K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$30K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$14.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AAM
1
Advisors Asset Management
Monument,
Colorado
| $777K | -$97.2K | -6,263 | -12% |
|
|
GC
2
Guggenheim Capital
Chicago,
Illinois
| $750K | +$211K | +13,577 | +42% |
|
|
RC
3
RegentAtlantic Capital
Morristown,
New Jersey
| $396K | +$206K | +13,236 | +121% |
|
|
PAG
4
Private Advisor Group
Morristown,
New Jersey
| $257K | – | – | – |
|
|
HCM
5
Highlander Capital Management
Short Hills,
New Jersey
| $148K | – | – | – |
|
|
6
Bank of America
Charlotte,
North Carolina
| $115K | -$30K | -1,933 | -22% |
|
|
7
Royal Bank of Canada
Toronto,
Ontario, Canada
| $87K | +$18.7K | +1,202 | +29% |
|
8
Morgan Stanley
New York
| $56K | – | – | – |
|
|
MFS
9
MSI Financial Services
Springfield,
Massachusetts
| $21K | – | – | – |
|
|
10
UBS Group
Zurich,
Switzerland
| $15K | -$14.3K | -923 | -51% |
|
|
TRCT
11
Tower Research Capital (TRC)
New York
| $13K | +$12.4K | +800 | New |
|
|
12
Citigroup
New York
| $5K | +$4.53K | +292 | New |
|
|
WAM
13
Wolverine Asset Management
Chicago,
Illinois
| – | -$239K | -16,248 | Closed |
|
|
14
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$151K | -10,231 | Closed |
|
BLJ Hedge Fund Activity: Q1 2016 in Review
13 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in BlackRock New Jersey Municipal Bond Trust (BLJ) for Q1 2016, worth a combined $2.64M — up 6% from $2.49M a quarter earlier.
Fund positioning in BLJ was balanced in Q1 2016: 2 funds opened new positions, 2 closed out, 3 added to existing stakes and 3 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $211K. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $239K sold.
- 13 institutional investors held BlackRock New Jersey Municipal Bond Trust (BLJ) as of Q1 2016, unchanged from Q4 2015.
- Funds reported $2.64M of BlackRock New Jersey Municipal Bond Trust stock for Q1 2016, up 6% quarter-over-quarter.
- 2 funds opened new BlackRock New Jersey Municipal Bond Trust positions in Q1 2016 and 2 closed out, a net change of 0 holders.
- The largest BlackRock New Jersey Municipal Bond Trust buyer in Q1 2016 was Guggenheim Capital, an estimated $211K added.
- The largest BlackRock New Jersey Municipal Bond Trust seller in Q1 2016 was Wolverine Asset Management, an estimated $239K sold.
Based on aggregated 13F filings for Q1 2016.