BlackRock Long-Term Municipal Advantage Trust
BTA
BTA was delisted on the 20th of February, 2026.
34 hedge funds and large institutions have $35.3M invested in BlackRock Long-Term Municipal Advantage Trust in 2015 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 7 reducing their positions, and 5 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 7
78% more capital inflows, than outflows
Capital inflows: $3.4M | Capital outflows: $1.91M
0.96% more ownership
Funds ownership: 21.95% → 22.92% (+0.96%)
0% more funds holding
Funds holding: 34 → 34 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Karpus Investment Management
Pittsford,
New York
|
+$951K |
| 2 |
LSA
Liberty Street Advisors
New York
|
+$519K |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$229K |
| 4 |
Parametric Portfolio Associates
Seattle,
Washington
|
+$223K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$179K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Advisors Asset Management
Monument,
Colorado
|
-$899K |
| 2 |
Virtu KCG Holdings
New York
|
-$207K |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$196K |
| 4 |
SG Americas Securities
New York
|
-$152K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$149K |
BTA Hedge Fund Activity: Q1 2015 in Review
34 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in BlackRock Long-Term Municipal Advantage Trust (BTA) for Q1 2015, worth a combined $35.3M — up 6.1% from $33.3M a quarter earlier.
Fund positioning in BTA was balanced in Q1 2015: 5 funds opened new positions, 5 closed out, 14 added to existing stakes and 7 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $951K. The largest seller was Advisors Asset Management, cutting an estimated $899K.
- 34 institutional investors held BlackRock Long-Term Municipal Advantage Trust (BTA) as of Q1 2015, unchanged from Q4 2014.
- Funds reported $35.3M of BlackRock Long-Term Municipal Advantage Trust stock for Q1 2015, up 6.1% quarter-over-quarter.
- 5 funds opened new BlackRock Long-Term Municipal Advantage Trust positions in Q1 2015 and 5 closed out, a net change of 0 holders.
- The largest BlackRock Long-Term Municipal Advantage Trust buyer in Q1 2015 was Karpus Investment Management, an estimated $951K added.
- The largest BlackRock Long-Term Municipal Advantage Trust seller in Q1 2015 was Advisors Asset Management, an estimated $899K sold.
Based on aggregated 13F filings for Q1 2015.