BlackRock New Jersey Municipal Bond Trust
BLJ was delisted on the 8th of June, 2018.
10 hedge funds and large institutions have $3.11M invested in BlackRock New Jersey Municipal Bond Trust in 2016 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 5 increasing their positions, 1 reducing their positions, and 3 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 1
18% more capital invested
Capital invested by funds: $2.64M → $3.11M (+$471K)
23% less funds holding
Funds holding: 13 → 10 (-3)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$177K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$129K |
| 3 |
Morgan Stanley
New York
|
+$86.1K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$15.5K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$3.81K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
-$13K |
| 2 |
Citigroup
New York
|
-$5K |
| 3 |
RC
RegentAtlantic Capital
Morristown,
New Jersey
|
-$3.31K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$17 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AAM
1
Advisors Asset Management
Monument,
Colorado
| $980K | +$177K | +10,682 | +22% |
|
|
GC
2
Guggenheim Capital
Chicago,
Illinois
| $904K | +$129K | +7,785 | +17% |
|
|
RC
3
RegentAtlantic Capital
Morristown,
New Jersey
| $402K | -$3.31K | -200 | -0.8% |
|
|
PAG
4
Private Advisor Group
Morristown,
New Jersey
| $265K | – | – | – |
|
|
HCM
5
Highlander Capital Management
Short Hills,
New Jersey
| $151K | – | – | – |
|
|
6
Morgan Stanley
New York
| $145K | +$86.1K | +5,198 | +152% |
|
7
Bank of America
Charlotte,
North Carolina
| $118K | – | – | – |
|
|
8
Royal Bank of Canada
Toronto,
Ontario, Canada
| $105K | +$15.5K | +936 | +18% |
|
|
MFS
9
MSI Financial Services
Springfield,
Massachusetts
| $22K | – | – | – |
|
|
10
UBS Group
Zurich,
Switzerland
| $19K | +$3.81K | +230 | +26% |
|
|
TRCT
11
Tower Research Capital (TRC)
New York
| – | -$13K | -800 | Closed |
|
|
12
Citigroup
New York
| – | -$5K | -292 | Closed |
|
|
13
Wells Fargo
San Francisco,
California
| – | -$17 | -1 | Closed |
|
BLJ Hedge Fund Activity: Q2 2016 in Review
10 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in BlackRock New Jersey Municipal Bond Trust (BLJ) for Q2 2016, worth a combined $3.11M — up 18% from $2.64M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of BLJ and 0 opened new positions — a net loss of 3 holders — while 1 trimmed existing stakes and 5 added.
The largest buyer was Advisors Asset Management, adding an estimated $177K. The largest seller was Tower Research Capital (TRC), exiting entirely with an estimated $13K sold.
- 10 institutional investors held BlackRock New Jersey Municipal Bond Trust (BLJ) as of Q2 2016, down from 13 in Q1 2016.
- Funds reported $3.11M of BlackRock New Jersey Municipal Bond Trust stock for Q2 2016, up 18% quarter-over-quarter.
- 0 funds opened new BlackRock New Jersey Municipal Bond Trust positions in Q2 2016 and 3 closed out, a net change of -3 holders.
- The largest BlackRock New Jersey Municipal Bond Trust buyer in Q2 2016 was Advisors Asset Management, an estimated $177K added.
- The largest BlackRock New Jersey Municipal Bond Trust seller in Q2 2016 was Tower Research Capital (TRC), an estimated $13K sold.
Based on aggregated 13F filings for Q2 2016.