BlackRock New Jersey Municipal Bond Trust
BLJ was delisted on the 8th of June, 2018.
11 hedge funds and large institutions have $2.51M invested in BlackRock New Jersey Municipal Bond Trust in 2017 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 2 closing their positions.
16% less capital invested
Capital invested by funds: $3M → $2.51M (-$488K)
21% less funds holding
Funds holding: 14 → 11 (-3)
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$29.3K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$27.5K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$271K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$189K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$14.6K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$13.7K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$10.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GC
1
Guggenheim Capital
Chicago,
Illinois
| $779K | +$1.2K | +82 | +0.2% |
|
|
AAM
2
Advisors Asset Management
Monument,
Colorado
| $604K | -$189K | -12,940 | -24% |
|
|
RC
3
RegentAtlantic Capital
Morristown,
New Jersey
| $364K | – | – | – |
|
|
PAG
4
Private Advisor Group
Morristown,
New Jersey
| $221K | -$14.6K | -1,000 | -6% |
|
5
Morgan Stanley
New York
| $131K | – | – | – |
|
|
HCM
6
Highlander Capital Management
Short Hills,
New Jersey
| $130K | – | – | – |
|
|
7
Bank of America
Charlotte,
North Carolina
| $116K | +$29.3K | +2,000 | +33% |
|
|
8
Royal Bank of Canada
Toronto,
Ontario, Canada
| $83K | -$13.7K | -936 | -14% |
|
|
WAM
9
Wolverine Asset Management
Chicago,
Illinois
| $63K | +$27.5K | +1,881 | +75% |
|
|
10
UBS Group
Zurich,
Switzerland
| $22K | -$10.6K | -725 | -32% |
|
|
CRC
11
Curi RMB Capital
Chicago,
Illinois
| – | -$271K | -18,783 | Closed |
|
|
NFG
12
Next Financial Group
Houston,
Texas
| – | -$10K | -718 | Closed |
|
13
Wells Fargo
San Francisco,
California
| – | -$15 | -1 | -50% |
|
BLJ Hedge Fund Activity: Q1 2017 in Review
11 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in BlackRock New Jersey Municipal Bond Trust (BLJ) for Q1 2017, worth a combined $2.51M — down 16% from $3M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of BLJ and 0 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 3 added.
The largest buyer was Bank of America, adding an estimated $29.3K. The largest seller was Curi RMB Capital, exiting entirely with an estimated $271K sold.
- 11 institutional investors held BlackRock New Jersey Municipal Bond Trust (BLJ) as of Q1 2017, down from 14 in Q4 2016.
- Funds reported $2.51M of BlackRock New Jersey Municipal Bond Trust stock for Q1 2017, down 16% quarter-over-quarter.
- 0 funds opened new BlackRock New Jersey Municipal Bond Trust positions in Q1 2017 and 2 closed out, a net change of -2 holders.
- The largest BlackRock New Jersey Municipal Bond Trust buyer in Q1 2017 was Bank of America, an estimated $29.3K added.
- The largest BlackRock New Jersey Municipal Bond Trust seller in Q1 2017 was Curi RMB Capital, an estimated $271K sold.
Based on aggregated 13F filings for Q1 2017.