BlackRock Long-Term Municipal Advantage Trust
BTA
BTA was delisted on the 20th of February, 2026.
31 hedge funds and large institutions have $34.6M invested in BlackRock Long-Term Municipal Advantage Trust in 2016 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 11 reducing their positions, and 1 closing their positions.
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
24% more funds holding
Funds holding: 25 → 31 (+6)
1.38% more ownership
Funds ownership: 21.48% → 22.86% (+1.4%)
5% less capital invested
Capital invested by funds: $36.4M → $34.6M (-$1.88M)
36% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.42M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$463K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$391K |
| 4 |
LCM
Laurion Capital Management
New York
|
+$207K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$200K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$689K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$152K |
| 3 |
VanEck Associates
New York
|
-$147K |
| 4 |
Morgan Stanley
New York
|
-$138K |
| 5 |
MMG
Monetary Management Group
St Louis,
Missouri
|
-$126K |
BTA Hedge Fund Activity: Q4 2016 in Review
31 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in BlackRock Long-Term Municipal Advantage Trust (BTA) for Q4 2016, worth a combined $34.6M — down 5.2% from $36.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BTA positions and 1 closed out — a net gain of 6 holders — while 7 added to existing stakes and 11 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $1.42M. The largest seller was Invesco, cutting an estimated $689K.
- 31 institutional investors held BlackRock Long-Term Municipal Advantage Trust (BTA) as of Q4 2016, up from 25 in Q3 2016.
- Funds reported $34.6M of BlackRock Long-Term Municipal Advantage Trust stock for Q4 2016, down 5.2% quarter-over-quarter.
- 7 funds opened new BlackRock Long-Term Municipal Advantage Trust positions in Q4 2016 and 1 closed out, a net change of +6 holders.
- The largest BlackRock Long-Term Municipal Advantage Trust buyer in Q4 2016 was Sit Investment Associates, an estimated $1.42M added.
- The largest BlackRock Long-Term Municipal Advantage Trust seller in Q4 2016 was Invesco, an estimated $689K sold.
Based on aggregated 13F filings for Q4 2016.