BlackRock Long-Term Municipal Advantage Trust
BTA
BTA was delisted on the 20th of February, 2026.
32 hedge funds and large institutions have $32M invested in BlackRock Long-Term Municipal Advantage Trust in 2014 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 6 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 10
0.17% less ownership
Funds ownership: 21.37% → 21.2% (-0.17%)
1% less capital invested
Capital invested by funds: $32.4M → $32M (-$341K)
3% less funds holding
Funds holding: 33 → 32 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$502K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$320K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$294K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$149K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$148K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$585K |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$434K |
| 3 |
Cohen & Steers
New York
|
-$248K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$212K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$155K |
BTA Hedge Fund Activity: Q3 2014 in Review
32 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in BlackRock Long-Term Municipal Advantage Trust (BTA) for Q3 2014, worth a combined $32M — down 1.1% from $32.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of BTA and 5 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 10 added.
The largest buyer was Bank of Montreal, adding an estimated $502K. The largest seller was First Allied Advisory Services, cutting an estimated $585K.
- 32 institutional investors held BlackRock Long-Term Municipal Advantage Trust (BTA) as of Q3 2014, down from 33 in Q2 2014.
- Funds reported $32M of BlackRock Long-Term Municipal Advantage Trust stock for Q3 2014, down 1.1% quarter-over-quarter.
- 5 funds opened new BlackRock Long-Term Municipal Advantage Trust positions in Q3 2014 and 6 closed out, a net change of -1 holder.
- The largest BlackRock Long-Term Municipal Advantage Trust buyer in Q3 2014 was Bank of Montreal, an estimated $502K added.
- The largest BlackRock Long-Term Municipal Advantage Trust seller in Q3 2014 was First Allied Advisory Services, an estimated $585K sold.
Based on aggregated 13F filings for Q3 2014.