BlackRock Long-Term Municipal Advantage Trust
BTA
BTA was delisted on the 20th of February, 2026.
36 hedge funds and large institutions have $36.8M invested in BlackRock Long-Term Municipal Advantage Trust in 2015 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 5 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
7% more capital invested
Capital invested by funds: $34.4M → $36.8M (+$2.43M)
3% more funds holding
Funds holding: 35 → 36 (+1)
1.19% more ownership
Funds ownership: 23.72% → 24.92% (+1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$869K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$425K |
| 3 |
Cohen & Steers
New York
|
+$372K |
| 4 |
OA
Oxbow Advisors
Austin,
Texas
|
+$352K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$307K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$351K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$263K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$230K |
| 4 |
Morgan Stanley
New York
|
-$172K |
| 5 |
Comerica Bank
Dallas,
Texas
|
-$161K |
BTA Hedge Fund Activity: Q3 2015 in Review
36 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in BlackRock Long-Term Municipal Advantage Trust (BTA) for Q3 2015, worth a combined $36.8M — up 7.1% from $34.4M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BTA positions and 5 closed out — a net gain of 1 holder — while 14 added to existing stakes and 10 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $869K. The largest seller was Invesco, cutting an estimated $351K.
- 36 institutional investors held BlackRock Long-Term Municipal Advantage Trust (BTA) as of Q3 2015, up from 35 in Q2 2015.
- Funds reported $36.8M of BlackRock Long-Term Municipal Advantage Trust stock for Q3 2015, up 7.1% quarter-over-quarter.
- 6 funds opened new BlackRock Long-Term Municipal Advantage Trust positions in Q3 2015 and 5 closed out, a net change of +1 holder.
- The largest BlackRock Long-Term Municipal Advantage Trust buyer in Q3 2015 was Advisors Asset Management, an estimated $869K added.
- The largest BlackRock Long-Term Municipal Advantage Trust seller in Q3 2015 was Invesco, an estimated $351K sold.
Based on aggregated 13F filings for Q3 2015.