BlackRock Long-Term Municipal Advantage Trust
BTA
BTA was delisted on the 20th of February, 2026.
33 hedge funds and large institutions have $28.5M invested in BlackRock Long-Term Municipal Advantage Trust in 2013 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 6 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
133% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 6
14% more funds holding
Funds holding: 29 → 33 (+4)
13% more capital invested
Capital invested by funds: $25.2M → $28.5M (+$3.37M)
3.16% more ownership
Funds ownership: 17.69% → 20.84% (+3.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$1.67M |
| 2 |
Cohen & Steers
New York
|
+$1.14M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$564K |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$437K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$230K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$856K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$238K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$148K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$67.4K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$25.6K |
BTA Hedge Fund Activity: Q4 2013 in Review
33 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in BlackRock Long-Term Municipal Advantage Trust (BTA) for Q4 2013, worth a combined $28.5M — up 13% from $25.2M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BTA positions and 2 closed out — a net gain of 4 holders — while 14 added to existing stakes and 6 trimmed.
The largest buyer was Invesco, adding an estimated $1.67M. The largest seller was Sit Investment Associates, cutting an estimated $856K.
- 33 institutional investors held BlackRock Long-Term Municipal Advantage Trust (BTA) as of Q4 2013, up from 29 in Q3 2013.
- Funds reported $28.5M of BlackRock Long-Term Municipal Advantage Trust stock for Q4 2013, up 13% quarter-over-quarter.
- 6 funds opened new BlackRock Long-Term Municipal Advantage Trust positions in Q4 2013 and 2 closed out, a net change of +4 holders.
- The largest BlackRock Long-Term Municipal Advantage Trust buyer in Q4 2013 was Invesco, an estimated $1.67M added.
- The largest BlackRock Long-Term Municipal Advantage Trust seller in Q4 2013 was Sit Investment Associates, an estimated $856K sold.
Based on aggregated 13F filings for Q4 2013.