BlackRock Long-Term Municipal Advantage Trust
BTA
BTA was delisted on the 20th of February, 2026.
28 hedge funds and large institutions have $28M invested in BlackRock Long-Term Municipal Advantage Trust in 2019 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 5 closing their positions.
0% more funds holding
Funds holding: 28 → 28 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
0.19% less ownership
Funds ownership: 15.85% → 15.67% (-0.19%)
13% less capital inflows, than outflows
Capital inflows: $2.11M | Capital outflows: $2.42M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$548K |
| 2 |
Invesco
Atlanta,
Georgia
|
+$337K |
| 3 |
Level Four Advisory Services
Dallas,
Texas
|
+$127K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$31K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$23.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sit Investment Associates
Minneapolis,
Minnesota
|
-$663K |
| 2 |
Guggenheim Capital
Chicago,
Illinois
|
-$517K |
| 3 |
Morgan Stanley
New York
|
-$416K |
| 4 |
Advisors Asset Management
Monument,
Colorado
|
-$305K |
| 5 |
PAS
Partnervest Advisory Services
Santa Barbara,
California
|
-$150K |
BTA Hedge Fund Activity: Q4 2019 in Review
28 of the 5,094 institutional investors tracked by Wall St. Rank reported a position in BlackRock Long-Term Municipal Advantage Trust (BTA) for Q4 2019, worth a combined $28M — up 4.3% from $26.9M a quarter earlier.
Fund positioning in BTA was balanced in Q4 2019: 5 funds opened new positions, 5 closed out, 8 added to existing stakes and 8 trimmed.
The largest buyer was Independent Advisor Alliance, opening a new position worth an estimated $548K. The largest seller was Sit Investment Associates, cutting an estimated $663K.
- 28 institutional investors held BlackRock Long-Term Municipal Advantage Trust (BTA) as of Q4 2019, unchanged from Q3 2019.
- Funds reported $28M of BlackRock Long-Term Municipal Advantage Trust stock for Q4 2019, up 4.3% quarter-over-quarter.
- 5 funds opened new BlackRock Long-Term Municipal Advantage Trust positions in Q4 2019 and 5 closed out, a net change of 0 holders.
- The largest BlackRock Long-Term Municipal Advantage Trust buyer in Q4 2019 was Independent Advisor Alliance, an estimated $548K added.
- The largest BlackRock Long-Term Municipal Advantage Trust seller in Q4 2019 was Sit Investment Associates, an estimated $663K sold.
Based on aggregated 13F filings for Q4 2019.