BlackRock Long-Term Municipal Advantage Trust
BTA
BTA was delisted on the 20th of February, 2026.
34 hedge funds and large institutions have $31.2M invested in BlackRock Long-Term Municipal Advantage Trust in 2014 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
9% more capital invested
Capital invested by funds: $28.5M → $31.2M (+$2.7M)
3% more funds holding
Funds holding: 33 → 34 (+1)
0.6% more ownership
Funds ownership: 20.84% → 21.45% (+0.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.48M |
| 2 |
Cohen & Steers
New York
|
+$469K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$408K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$263K |
| 5 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
+$129K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$489K |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$435K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$403K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$217K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$200K |
BTA Hedge Fund Activity: Q1 2014 in Review
34 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in BlackRock Long-Term Municipal Advantage Trust (BTA) for Q1 2014, worth a combined $31.2M — up 9.5% from $28.5M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new BTA positions and 4 closed out — a net gain of 1 holder — while 11 added to existing stakes and 9 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $1.48M. The largest seller was Advisors Asset Management, cutting an estimated $489K.
- 34 institutional investors held BlackRock Long-Term Municipal Advantage Trust (BTA) as of Q1 2014, up from 33 in Q4 2013.
- Funds reported $31.2M of BlackRock Long-Term Municipal Advantage Trust stock for Q1 2014, up 9.5% quarter-over-quarter.
- 5 funds opened new BlackRock Long-Term Municipal Advantage Trust positions in Q1 2014 and 4 closed out, a net change of +1 holder.
- The largest BlackRock Long-Term Municipal Advantage Trust buyer in Q1 2014 was Sit Investment Associates, an estimated $1.48M added.
- The largest BlackRock Long-Term Municipal Advantage Trust seller in Q1 2014 was Advisors Asset Management, an estimated $489K sold.
Based on aggregated 13F filings for Q1 2014.