BlackRock New Jersey Municipal Bond Trust
BLJ was delisted on the 8th of June, 2018.
14 hedge funds and large institutions have $3M invested in BlackRock New Jersey Municipal Bond Trust in 2016 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
8% more funds holding
Funds holding: 13 → 14 (+1)
10% less capital invested
Capital invested by funds: $3.33M → $3M (-$332K)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$295K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$39.3K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$23.7K |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$15.7K |
| 5 |
Morgan Stanley
New York
|
+$14.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$73.7K |
| 2 |
LAM
Lebenthal Asset Management
New York
|
-$35K |
| 3 |
RC
RegentAtlantic Capital
Morristown,
New Jersey
|
-$15.7K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$15.5K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$10K |
BLJ Hedge Fund Activity: Q4 2016 in Review
14 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in BlackRock New Jersey Municipal Bond Trust (BLJ) for Q4 2016, worth a combined $3M — down 10% from $3.33M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new BLJ positions and 2 closed out — a net gain of 1 holder — while 4 added to existing stakes and 5 trimmed.
The largest buyer was Curi RMB Capital, opening a new position worth an estimated $295K. The largest seller was Guggenheim Capital, cutting an estimated $73.7K.
- 14 institutional investors held BlackRock New Jersey Municipal Bond Trust (BLJ) as of Q4 2016, up from 13 in Q3 2016.
- Funds reported $3M of BlackRock New Jersey Municipal Bond Trust stock for Q4 2016, down 10% quarter-over-quarter.
- 3 funds opened new BlackRock New Jersey Municipal Bond Trust positions in Q4 2016 and 2 closed out, a net change of +1 holder.
- The largest BlackRock New Jersey Municipal Bond Trust buyer in Q4 2016 was Curi RMB Capital, an estimated $295K added.
- The largest BlackRock New Jersey Municipal Bond Trust seller in Q4 2016 was Guggenheim Capital, an estimated $73.7K sold.
Based on aggregated 13F filings for Q4 2016.