BlackRock Long-Term Municipal Advantage Trust
BTA
BTA was delisted on the 20th of February, 2026.
27 hedge funds and large institutions have $29.1M invested in BlackRock Long-Term Municipal Advantage Trust in 2019 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 5 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
3% more capital invested
Capital invested by funds: $28.2M → $29.1M (+$880K)
1.99% less ownership
Funds ownership: 19.69% → 17.71% (-2%)
10% less funds holding
Funds holding: 30 → 27 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$628K |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$55K |
| 3 |
VanEck Associates
New York
|
+$48K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$46.6K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$34.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.3M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$664K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$575K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$296K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$229K |
BTA Hedge Fund Activity: Q1 2019 in Review
27 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in BlackRock Long-Term Municipal Advantage Trust (BTA) for Q1 2019, worth a combined $29.1M — up 3.1% from $28.2M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BTA and 2 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 9 added.
The largest buyer was Morgan Stanley, adding an estimated $628K. The largest seller was Bank of Montreal, exiting entirely with an estimated $1.3M sold.
- 27 institutional investors held BlackRock Long-Term Municipal Advantage Trust (BTA) as of Q1 2019, down from 30 in Q4 2018.
- Funds reported $29.1M of BlackRock Long-Term Municipal Advantage Trust stock for Q1 2019, up 3.1% quarter-over-quarter.
- 2 funds opened new BlackRock Long-Term Municipal Advantage Trust positions in Q1 2019 and 5 closed out, a net change of -3 holders.
- The largest BlackRock Long-Term Municipal Advantage Trust buyer in Q1 2019 was Morgan Stanley, an estimated $628K added.
- The largest BlackRock Long-Term Municipal Advantage Trust seller in Q1 2019 was Bank of Montreal, an estimated $1.3M sold.
Based on aggregated 13F filings for Q1 2019.