BlackRock Long-Term Municipal Advantage Trust
BTA
BTA was delisted on the 20th of February, 2026.
29 hedge funds and large institutions have $36.2M invested in BlackRock Long-Term Municipal Advantage Trust in 2016 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 8 closing their positions.
2.19% less ownership
Funds ownership: 23.32% → 21.13% (-2.2%)
12% less funds holding
Funds holding: 33 → 29 (-4)
27% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 11
47% less capital inflows, than outflows
Capital inflows: $3.93M | Capital outflows: $7.45M
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$1.54M |
| 2 |
Advisors Asset Management
Monument,
Colorado
|
+$1.12M |
| 3 |
IFP Advisors
Tampa,
Florida
|
+$359K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$285K |
| 5 |
Grimes & Company
Westborough,
Massachusetts
|
+$203K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$2.03M |
| 2 |
Guggenheim Capital
Chicago,
Illinois
|
-$1.38M |
| 3 |
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.34M |
| 4 |
Cohen & Steers
New York
|
-$1.11M |
| 5 |
Sit Investment Associates
Minneapolis,
Minnesota
|
-$253K |
BTA Hedge Fund Activity: Q2 2016 in Review
29 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in BlackRock Long-Term Municipal Advantage Trust (BTA) for Q2 2016, worth a combined $36.2M — down 2.9% from $37.3M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of BTA and 4 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 8 added.
The largest buyer was Mackay Shields LLC, adding an estimated $1.54M. The largest seller was Robinson Capital Management, cutting an estimated $2.03M.
- 29 institutional investors held BlackRock Long-Term Municipal Advantage Trust (BTA) as of Q2 2016, down from 33 in Q1 2016.
- Funds reported $36.2M of BlackRock Long-Term Municipal Advantage Trust stock for Q2 2016, down 2.9% quarter-over-quarter.
- 4 funds opened new BlackRock Long-Term Municipal Advantage Trust positions in Q2 2016 and 8 closed out, a net change of -4 holders.
- The largest BlackRock Long-Term Municipal Advantage Trust buyer in Q2 2016 was Mackay Shields LLC, an estimated $1.54M added.
- The largest BlackRock Long-Term Municipal Advantage Trust seller in Q2 2016 was Robinson Capital Management, an estimated $2.03M sold.
Based on aggregated 13F filings for Q2 2016.