BlackRock New Jersey Municipal Bond Trust
BLJ was delisted on the 8th of June, 2018.
12 hedge funds and large institutions have $2.44M invested in BlackRock New Jersey Municipal Bond Trust in 2018 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
17% more capital invested
Capital invested by funds: $2.08M → $2.44M (+$358K)
9% more funds holding
Funds holding: 11 → 12 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$516K |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
+$176K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$13.2K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.5K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$939 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$61.9K |
| 2 |
WAM
Wealthspire Advisors (Maryland)
Potomac,
Maryland
|
-$45K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$42.4K |
| 4 |
RC
RegentAtlantic Capital
Morristown,
New Jersey
|
-$42.1K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$28 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GC
1
Guggenheim Capital
Chicago,
Illinois
| $604K | -$42.4K | -3,021 | -6% |
|
|
SIA
2
Sit Investment Associates
Minneapolis,
Minnesota
| $503K | +$516K | +36,787 | New |
|
|
AAM
3
Advisors Asset Management
Monument,
Colorado
| $495K | +$939 | +67 | +0.2% |
|
|
RC
4
RegentAtlantic Capital
Morristown,
New Jersey
| $234K | -$42.1K | -3,000 | -15% |
|
|
DA
5
Doliver Advisors
Houston,
Texas
| $171K | +$176K | +12,552 | New |
|
|
6
Morgan Stanley
New York
| $125K | -$61.9K | -4,415 | -33% |
|
|
HCM
7
Highlander Capital Management
Short Hills,
New Jersey
| $122K | – | – | – |
|
|
8
Royal Bank of Canada
Toronto,
Ontario, Canada
| $108K | +$2.5K | +178 | +2% |
|
|
9
UBS Group
Zurich,
Switzerland
| $39K | +$13.2K | +940 | +49% |
|
10
Bank of America
Charlotte,
North Carolina
| $22K | +$28 | +2 | +0.1% |
|
|
SWM
11
SeaCrest Wealth Management
Purchase,
New York
| $15K | – | – | – |
|
|
WAM
12
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$45K | -3,082 | Closed |
|
|
13
Wells Fargo
San Francisco,
California
| – | -$28 | -2 | Closed |
|
14
SEI Investments
Oaks,
Pennsylvania
| – | +$126 | +9 | New |
|
BLJ Hedge Fund Activity: Q1 2018 in Review
12 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in BlackRock New Jersey Municipal Bond Trust (BLJ) for Q1 2018, worth a combined $2.44M — up 17% from $2.08M 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 3 trimmed.
The largest buyer was Sit Investment Associates, opening a new position worth an estimated $516K. The largest seller was Morgan Stanley, cutting an estimated $61.9K.
- 12 institutional investors held BlackRock New Jersey Municipal Bond Trust (BLJ) as of Q1 2018, up from 11 in Q4 2017.
- Funds reported $2.44M of BlackRock New Jersey Municipal Bond Trust stock for Q1 2018, up 17% quarter-over-quarter.
- 3 funds opened new BlackRock New Jersey Municipal Bond Trust positions in Q1 2018 and 2 closed out, a net change of +1 holder.
- The largest BlackRock New Jersey Municipal Bond Trust buyer in Q1 2018 was Sit Investment Associates, an estimated $516K added.
- The largest BlackRock New Jersey Municipal Bond Trust seller in Q1 2018 was Morgan Stanley, an estimated $61.9K sold.
Based on aggregated 13F filings for Q1 2018.