BlackRock Long-Term Municipal Advantage Trust
BTA
BTA was delisted on the 20th of February, 2026.
33 hedge funds and large institutions have $34.2M invested in BlackRock Long-Term Municipal Advantage Trust in 2017 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 4 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
3% more funds holding
Funds holding: 32 → 33 (+1)
2% less capital invested
Capital invested by funds: $35.1M → $34.2M (-$846K)
1.19% less ownership
Funds ownership: 22.79% → 21.6% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$427K |
| 2 |
LCM
Laurion Capital Management
New York
|
+$364K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$278K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$264K |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$154K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.26M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$880K |
| 3 |
MSL
Mackay Shields LLC
New York
|
-$506K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$438K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$220K |
BTA Hedge Fund Activity: Q2 2017 in Review
33 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in BlackRock Long-Term Municipal Advantage Trust (BTA) for Q2 2017, worth a combined $34.2M — down 2.4% from $35.1M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new BTA positions and 4 closed out — a net gain of 1 holder — while 10 added to existing stakes and 6 trimmed.
The largest buyer was Cohen & Steers, opening a new position worth an estimated $427K. The largest seller was Guggenheim Capital, cutting an estimated $1.26M.
- 33 institutional investors held BlackRock Long-Term Municipal Advantage Trust (BTA) as of Q2 2017, up from 32 in Q1 2017.
- Funds reported $34.2M of BlackRock Long-Term Municipal Advantage Trust stock for Q2 2017, down 2.4% quarter-over-quarter.
- 5 funds opened new BlackRock Long-Term Municipal Advantage Trust positions in Q2 2017 and 4 closed out, a net change of +1 holder.
- The largest BlackRock Long-Term Municipal Advantage Trust buyer in Q2 2017 was Cohen & Steers, an estimated $427K added.
- The largest BlackRock Long-Term Municipal Advantage Trust seller in Q2 2017 was Guggenheim Capital, an estimated $1.26M sold.
Based on aggregated 13F filings for Q2 2017.