BlackRock Long-Term Municipal Advantage Trust
BTA
BTA was delisted on the 20th of February, 2026.
32 hedge funds and large institutions have $35.1M invested in BlackRock Long-Term Municipal Advantage Trust in 2017 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 5 reducing their positions, and 3 closing their positions.
120% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 5
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
3% more funds holding
Funds holding: 31 → 32 (+1)
1% more capital invested
Capital invested by funds: $34.6M → $35.1M (+$496K)
0.07% less ownership
Funds ownership: 22.86% → 22.79% (-0.07%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$699K |
| 2 |
MSL
Mackay Shields LLC
New York
|
+$493K |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$455K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$280K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$188K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.14M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$980K |
| 3 |
LCM
Laurion Capital Management
New York
|
-$203K |
| 4 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$147K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$140K |
BTA Hedge Fund Activity: Q1 2017 in Review
32 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in BlackRock Long-Term Municipal Advantage Trust (BTA) for Q1 2017, worth a combined $35.1M — up 1.4% from $34.6M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new BTA positions and 3 closed out — a net gain of 1 holder — while 11 added to existing stakes and 5 trimmed.
The largest buyer was Wells Fargo, adding an estimated $699K. The largest seller was Invesco, cutting an estimated $1.14M.
- 32 institutional investors held BlackRock Long-Term Municipal Advantage Trust (BTA) as of Q1 2017, up from 31 in Q4 2016.
- Funds reported $35.1M of BlackRock Long-Term Municipal Advantage Trust stock for Q1 2017, up 1.4% quarter-over-quarter.
- 4 funds opened new BlackRock Long-Term Municipal Advantage Trust positions in Q1 2017 and 3 closed out, a net change of +1 holder.
- The largest BlackRock Long-Term Municipal Advantage Trust buyer in Q1 2017 was Wells Fargo, an estimated $699K added.
- The largest BlackRock Long-Term Municipal Advantage Trust seller in Q1 2017 was Invesco, an estimated $1.14M sold.
Based on aggregated 13F filings for Q1 2017.