Blackrock New Jersey Muni Tr
BNJ
BNJ was delisted on the 8th of June, 2018.
18 hedge funds and large institutions have $6.48M invested in Blackrock New Jersey Muni Tr in 2018 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
6% more funds holding
Funds holding: 17 → 18 (+1)
9% less capital invested
Capital invested by funds: $7.09M → $6.48M (-$610K)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$450K |
| 2 |
EWM
Edge Wealth Management
New York
|
+$151K |
| 3 |
Morgan Stanley
New York
|
+$141K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$28.8K |
| 5 |
SFM
Signet Financial Management
Parsippany,
New Jersey
|
+$14.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$391K |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$301K |
| 3 |
LCM
Laurion Capital Management
New York
|
-$253K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$19.2K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$8.63K |
BNJ Hedge Fund Activity: Q1 2018 in Review
18 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Blackrock New Jersey Muni Tr (BNJ) for Q1 2018, worth a combined $6.48M — down 8.6% from $7.09M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new BNJ positions and 2 closed out — a net gain of 1 holder — while 3 added to existing stakes and 4 trimmed.
The largest buyer was Wolverine Asset Management, adding an estimated $450K. The largest seller was Guggenheim Capital, cutting an estimated $391K.
- 18 institutional investors held Blackrock New Jersey Muni Tr (BNJ) as of Q1 2018, up from 17 in Q4 2017.
- Funds reported $6.48M of Blackrock New Jersey Muni Tr stock for Q1 2018, down 8.6% quarter-over-quarter.
- 3 funds opened new Blackrock New Jersey Muni Tr positions in Q1 2018 and 2 closed out, a net change of +1 holder.
- The largest Blackrock New Jersey Muni Tr buyer in Q1 2018 was Wolverine Asset Management, an estimated $450K added.
- The largest Blackrock New Jersey Muni Tr seller in Q1 2018 was Guggenheim Capital, an estimated $391K sold.
Based on aggregated 13F filings for Q1 2018.