Blackrock New Jersey Muni Tr
BNJ
BNJ was delisted on the 8th of June, 2018.
12 hedge funds and large institutions have $7.03M invested in Blackrock New Jersey Muni Tr in 2017 Q1 according to their latest regulatory filings, with funds opening new positions, 5 increasing their positions, 5 reducing their positions, and 2 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 5
11% less capital invested
Capital invested by funds: $7.86M → $7.03M (-$835K)
20% less funds holding
Funds holding: 15 → 12 (-3)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$242K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$103K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$96.4K |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
+$760 |
| 5 |
BKA
Brick & Kyle Associates
Newtown,
Pennsylvania
|
+$263 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$686K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$239K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$231K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$228K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$118K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GC
1
Guggenheim Capital
Chicago,
Illinois
| $3.09M | -$118K | -8,099 | -4% |
|
|
AAM
2
Advisors Asset Management
Monument,
Colorado
| $1.18M | -$239K | -16,391 | -17% |
|
|
3
Bank of America
Charlotte,
North Carolina
| $1.01M | +$103K | +7,071 | +11% |
|
|
4
Morgan Stanley
New York
| $721K | +$242K | +16,580 | +52% |
|
|
LAM
5
Lebenthal Asset Management
New York
| $310K | – | – | – |
|
|
6
Royal Bank of Canada
Toronto,
Ontario, Canada
| $143K | +$96.4K | +6,601 | +217% |
|
|
AG
7
Advisor Group
Phoenix,
Arizona
| $142K | +$760 | +52 | +0.5% |
|
|
8
UBS Group
Zurich,
Switzerland
| $141K | -$231K | -15,833 | -63% |
|
|
HCM
9
Highlander Capital Management
Short Hills,
New Jersey
| $109K | – | – | – |
|
10
Wells Fargo
San Francisco,
California
| $90K | -$3.45K | -236 | -4% |
|
|
BKA
11
Brick & Kyle Associates
Newtown,
Pennsylvania
| $76K | +$263 | +18 | +0.4% |
|
|
12
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $9K | -$228K | -15,596 | -96% |
|
|
LCM
13
Laurion Capital Management
New York
| – | -$686K | -48,165 | Closed |
|
|
WAM
14
Wolverine Asset Management
Chicago,
Illinois
| – | -$25K | -1,800 | Closed |
|
BNJ Hedge Fund Activity: Q1 2017 in Review
12 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Blackrock New Jersey Muni Tr (BNJ) for Q1 2017, worth a combined $7.03M — down 11% from $7.86M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of BNJ and 0 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 5 added.
The largest buyer was Morgan Stanley, adding an estimated $242K. The largest seller was Laurion Capital Management, exiting entirely with an estimated $686K sold.
- 12 institutional investors held Blackrock New Jersey Muni Tr (BNJ) as of Q1 2017, down from 15 in Q4 2016.
- Funds reported $7.03M of Blackrock New Jersey Muni Tr stock for Q1 2017, down 11% quarter-over-quarter.
- 0 funds opened new Blackrock New Jersey Muni Tr positions in Q1 2017 and 2 closed out, a net change of -2 holders.
- The largest Blackrock New Jersey Muni Tr buyer in Q1 2017 was Morgan Stanley, an estimated $242K added.
- The largest Blackrock New Jersey Muni Tr seller in Q1 2017 was Laurion Capital Management, an estimated $686K sold.
Based on aggregated 13F filings for Q1 2017.