BlackRock Long-Term Municipal Advantage Trust
BTA
BTA was delisted on the 20th of February, 2026.
36 hedge funds and large institutions have $38.3M invested in BlackRock Long-Term Municipal Advantage Trust in 2015 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 10 reducing their positions, and 3 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 10
4% more capital invested
Capital invested by funds: $36.8M → $38.3M (+$1.49M)
0% more funds holding
Funds holding: 36 → 36 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
0.1% less ownership
Funds ownership: 24.92% → 24.81% (-0.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$598K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$219K |
| 3 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
+$124K |
| 4 |
Cohen & Steers
New York
|
+$82K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$81.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSA
Liberty Street Advisors
New York
|
-$772K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$415K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$285K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$264K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$246K |
BTA Hedge Fund Activity: Q4 2015 in Review
36 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in BlackRock Long-Term Municipal Advantage Trust (BTA) for Q4 2015, worth a combined $38.3M — up 4% from $36.8M a quarter earlier.
Fund positioning in BTA was balanced in Q4 2015: 3 funds opened new positions, 3 closed out, 15 added to existing stakes and 10 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $598K. The largest seller was Liberty Street Advisors, exiting entirely with an estimated $772K sold.
- 36 institutional investors held BlackRock Long-Term Municipal Advantage Trust (BTA) as of Q4 2015, unchanged from Q3 2015.
- Funds reported $38.3M of BlackRock Long-Term Municipal Advantage Trust stock for Q4 2015, up 4% quarter-over-quarter.
- 3 funds opened new BlackRock Long-Term Municipal Advantage Trust positions in Q4 2015 and 3 closed out, a net change of 0 holders.
- The largest BlackRock Long-Term Municipal Advantage Trust buyer in Q4 2015 was Advisors Asset Management, an estimated $598K added.
- The largest BlackRock Long-Term Municipal Advantage Trust seller in Q4 2015 was Liberty Street Advisors, an estimated $772K sold.
Based on aggregated 13F filings for Q4 2015.