BlackRock Long-Term Municipal Advantage Trust
BTA
BTA was delisted on the 20th of February, 2026.
32 hedge funds and large institutions have $31.5M invested in BlackRock Long-Term Municipal Advantage Trust in 2018 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 4 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
2.02% less ownership
Funds ownership: 22.83% → 20.81% (-2%)
3% less funds holding
Funds holding: 33 → 32 (-1)
9% less capital invested
Capital invested by funds: $34.5M → $31.5M (-$3.03M)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$254K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$198K |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$138K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$124K |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$100K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$1.14M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$929K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$763K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
-$352K |
| 5 |
Morgan Stanley
New York
|
-$311K |
BTA Hedge Fund Activity: Q3 2018 in Review
32 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in BlackRock Long-Term Municipal Advantage Trust (BTA) for Q3 2018, worth a combined $31.5M — down 8.8% from $34.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of BTA and 3 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 10 added.
The largest buyer was UBS Group, adding an estimated $254K. The largest seller was Laurion Capital Management, cutting an estimated $1.14M.
- 32 institutional investors held BlackRock Long-Term Municipal Advantage Trust (BTA) as of Q3 2018, down from 33 in Q2 2018.
- Funds reported $31.5M of BlackRock Long-Term Municipal Advantage Trust stock for Q3 2018, down 8.8% quarter-over-quarter.
- 3 funds opened new BlackRock Long-Term Municipal Advantage Trust positions in Q3 2018 and 4 closed out, a net change of -1 holder.
- The largest BlackRock Long-Term Municipal Advantage Trust buyer in Q3 2018 was UBS Group, an estimated $254K added.
- The largest BlackRock Long-Term Municipal Advantage Trust seller in Q3 2018 was Laurion Capital Management, an estimated $1.14M sold.
Based on aggregated 13F filings for Q3 2018.