BlackRock Long-Term Municipal Advantage Trust
BTA
BTA was delisted on the 20th of February, 2026.
31 hedge funds and large institutions have $34.4M invested in BlackRock Long-Term Municipal Advantage Trust in 2017 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 4 reducing their positions, and 2 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 4
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
6% more capital invested
Capital invested by funds: $32.5M → $34.4M (+$1.92M)
3% more funds holding
Funds holding: 30 → 31 (+1)
1.37% more ownership
Funds ownership: 20.02% → 21.39% (+1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$930K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$907K |
| 3 |
Morgan Stanley
New York
|
+$196K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$146K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$133K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
-$158K |
| 2 |
OC
Oppenheimer & Co
New York
|
-$140K |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
-$72.4K |
| 4 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
-$46K |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$10.5K |
BTA Hedge Fund Activity: Q4 2017 in Review
31 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in BlackRock Long-Term Municipal Advantage Trust (BTA) for Q4 2017, worth a combined $34.4M — up 5.9% from $32.5M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new BTA positions and 2 closed out — a net gain of 1 holder — while 12 added to existing stakes and 4 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $930K. The largest seller was Tradewinds Capital Management, cutting an estimated $158K.
- 31 institutional investors held BlackRock Long-Term Municipal Advantage Trust (BTA) as of Q4 2017, up from 30 in Q3 2017.
- Funds reported $34.4M of BlackRock Long-Term Municipal Advantage Trust stock for Q4 2017, up 5.9% quarter-over-quarter.
- 3 funds opened new BlackRock Long-Term Municipal Advantage Trust positions in Q4 2017 and 2 closed out, a net change of +1 holder.
- The largest BlackRock Long-Term Municipal Advantage Trust buyer in Q4 2017 was Sit Investment Associates, an estimated $930K added.
- The largest BlackRock Long-Term Municipal Advantage Trust seller in Q4 2017 was Tradewinds Capital Management, an estimated $158K sold.
Based on aggregated 13F filings for Q4 2017.