Blackrock New Jersey Muni Tr
BNJ
BNJ was delisted on the 8th of June, 2018.
15 hedge funds and large institutions have $7.18M invested in Blackrock New Jersey Muni Tr in 2016 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 3 closing their positions.
2% more capital invested
Capital invested by funds: $7.02M → $7.18M (+$160K)
12% less funds holding
Funds holding: 17 → 15 (-2)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$243K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$62.1K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$43.6K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$7.18K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.71K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$255K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$211K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$91.8K |
| 4 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$54.5K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$30K |
BNJ Hedge Fund Activity: Q1 2016 in Review
15 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Blackrock New Jersey Muni Tr (BNJ) for Q1 2016, worth a combined $7.18M — up 2.3% from $7.02M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of BNJ and 1 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 5 added.
The largest buyer was PNC Financial Services Group, adding an estimated $243K. The largest seller was Laurion Capital Management, exiting entirely with an estimated $255K sold.
- 15 institutional investors held Blackrock New Jersey Muni Tr (BNJ) as of Q1 2016, down from 17 in Q4 2015.
- Funds reported $7.18M of Blackrock New Jersey Muni Tr stock for Q1 2016, up 2.3% quarter-over-quarter.
- 1 fund opened new Blackrock New Jersey Muni Tr positions in Q1 2016 and 3 closed out, a net change of -2 holders.
- The largest Blackrock New Jersey Muni Tr buyer in Q1 2016 was PNC Financial Services Group, an estimated $243K added.
- The largest Blackrock New Jersey Muni Tr seller in Q1 2016 was Laurion Capital Management, an estimated $255K sold.
Based on aggregated 13F filings for Q1 2016.