BlackRock Long-Term Municipal Advantage Trust
BTA
BTA was delisted on the 20th of February, 2026.
34 hedge funds and large institutions have $33.3M invested in BlackRock Long-Term Municipal Advantage Trust in 2014 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
6% more funds holding
Funds holding: 32 → 34 (+2)
4% more capital invested
Capital invested by funds: $32M → $33.3M (+$1.26M)
0.76% more ownership
Funds ownership: 21.2% → 21.95% (+0.76%)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$2.05M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$810K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$288K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$206K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$167K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$905K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$824K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$668K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$297K |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$154K |
BTA Hedge Fund Activity: Q4 2014 in Review
34 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in BlackRock Long-Term Municipal Advantage Trust (BTA) for Q4 2014, worth a combined $33.3M — up 3.9% from $32M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BTA positions and 4 closed out — a net gain of 3 holders — while 8 added to existing stakes and 10 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $2.05M. The largest seller was Cohen & Steers, cutting an estimated $905K.
- 34 institutional investors held BlackRock Long-Term Municipal Advantage Trust (BTA) as of Q4 2014, up from 32 in Q3 2014.
- Funds reported $33.3M of BlackRock Long-Term Municipal Advantage Trust stock for Q4 2014, up 3.9% quarter-over-quarter.
- 7 funds opened new BlackRock Long-Term Municipal Advantage Trust positions in Q4 2014 and 4 closed out, a net change of +3 holders.
- The largest BlackRock Long-Term Municipal Advantage Trust buyer in Q4 2014 was Karpus Investment Management, an estimated $2.05M added.
- The largest BlackRock Long-Term Municipal Advantage Trust seller in Q4 2014 was Cohen & Steers, an estimated $905K sold.
Based on aggregated 13F filings for Q4 2014.