BlackRock Long-Term Municipal Advantage Trust
BTA
BTA was delisted on the 20th of February, 2026.
33 hedge funds and large institutions have $34.4M invested in BlackRock Long-Term Municipal Advantage Trust in 2018 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 7 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
86% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 7
6% more funds holding
Funds holding: 31 → 33 (+2)
1.24% more ownership
Funds ownership: 21.39% → 22.62% (+1.2%)
0% less capital invested
Capital invested by funds: $34.4M → $34.4M (-$69K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.67M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$355K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$257K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$190K |
| 5 |
Morgan Stanley
New York
|
+$95.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$602K |
| 2 |
OA
Oxbow Advisors
Austin,
Texas
|
-$257K |
| 3 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
-$45.1K |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$36.9K |
| 5 |
ICA
Infrastructure Capital Advisors
New York
|
-$34.5K |
BTA Hedge Fund Activity: Q1 2018 in Review
33 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in BlackRock Long-Term Municipal Advantage Trust (BTA) for Q1 2018, worth a combined $34.4M — down 0.2% from $34.4M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new BTA positions and 2 closed out — a net gain of 2 holders — while 13 added to existing stakes and 7 trimmed.
The largest buyer was Robinson Capital Management, opening a new position worth an estimated $1.67M. The largest seller was Advisors Asset Management, cutting an estimated $602K.
- 33 institutional investors held BlackRock Long-Term Municipal Advantage Trust (BTA) as of Q1 2018, up from 31 in Q4 2017.
- Funds reported $34.4M of BlackRock Long-Term Municipal Advantage Trust stock for Q1 2018, down 0.2% quarter-over-quarter.
- 4 funds opened new BlackRock Long-Term Municipal Advantage Trust positions in Q1 2018 and 2 closed out, a net change of +2 holders.
- The largest BlackRock Long-Term Municipal Advantage Trust buyer in Q1 2018 was Robinson Capital Management, an estimated $1.67M added.
- The largest BlackRock Long-Term Municipal Advantage Trust seller in Q1 2018 was Advisors Asset Management, an estimated $602K sold.
Based on aggregated 13F filings for Q1 2018.