BlackRock New Jersey Municipal Bond Trust
BLJ was delisted on the 8th of June, 2018.
11 hedge funds and large institutions have $2.08M invested in BlackRock New Jersey Municipal Bond Trust in 2017 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
10% more funds holding
Funds holding: 10 → 11 (+1)
9% less capital invested
Capital invested by funds: $2.28M → $2.08M (-$202K)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$67K |
| 2 |
RC
RegentAtlantic Capital
Morristown,
New Jersey
|
+$14.8K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$118 |
| 4 |
Wells Fargo
San Francisco,
California
|
+$29 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$170K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$74.1K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$19.6K |
| 4 |
WAM
Wealthspire Advisors (Maryland)
Potomac,
Maryland
|
-$14K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.96K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GC
1
Guggenheim Capital
Chicago,
Illinois
| $696K | -$19.6K | -1,332 | -3% |
|
|
AAM
2
Advisors Asset Management
Monument,
Colorado
| $526K | -$2.96K | -201 | -0.6% |
|
|
RC
3
RegentAtlantic Capital
Morristown,
New Jersey
| $297K | +$14.8K | +1,000 | +5% |
|
|
4
Morgan Stanley
New York
| $200K | +$67K | +4,545 | +50% |
|
|
HCM
5
Highlander Capital Management
Short Hills,
New Jersey
| $133K | – | – | – |
|
6
Royal Bank of Canada
Toronto,
Ontario, Canada
| $114K | – | – | – |
|
|
WAM
7
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| $45K | -$14K | -949 | -24% |
|
|
8
UBS Group
Zurich,
Switzerland
| $29K | -$74.1K | -5,021 | -72% |
|
|
9
Bank of America
Charlotte,
North Carolina
| $24K | +$118 | +8 | +0.5% |
|
|
SWM
10
SeaCrest Wealth Management
Purchase,
New York
| $16K | +$16.2K | +1,100 | New |
|
|
WAM
11
Wolverine Asset Management
Chicago,
Illinois
| – | -$170K | -11,452 | Closed |
|
|
12
Wells Fargo
San Francisco,
California
| – | +$29 | +2 | New |
|
BLJ Hedge Fund Activity: Q4 2017 in Review
11 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in BlackRock New Jersey Municipal Bond Trust (BLJ) for Q4 2017, worth a combined $2.08M — down 8.9% from $2.28M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new BLJ positions and 1 closed out — a net gain of 1 holder — while 3 added to existing stakes and 4 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $67K. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $170K sold.
- 11 institutional investors held BlackRock New Jersey Municipal Bond Trust (BLJ) as of Q4 2017, up from 10 in Q3 2017.
- Funds reported $2.08M of BlackRock New Jersey Municipal Bond Trust stock for Q4 2017, down 8.9% quarter-over-quarter.
- 2 funds opened new BlackRock New Jersey Municipal Bond Trust positions in Q4 2017 and 1 closed out, a net change of +1 holder.
- The largest BlackRock New Jersey Municipal Bond Trust buyer in Q4 2017 was Morgan Stanley, an estimated $67K added.
- The largest BlackRock New Jersey Municipal Bond Trust seller in Q4 2017 was Wolverine Asset Management, an estimated $170K sold.
Based on aggregated 13F filings for Q4 2017.