BlackRock Long-Term Municipal Advantage Trust
BTA
BTA was delisted on the 20th of February, 2026.
28 hedge funds and large institutions have $19.4M invested in BlackRock Long-Term Municipal Advantage Trust in 2020 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 12 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
0% more funds holding
Funds holding: 28 → 28 (0)
2.79% less ownership
Funds ownership: 15.67% → 12.88% (-2.8%)
31% less capital invested
Capital invested by funds: $28M → $19.4M (-$8.6M)
58% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$607K |
| 2 |
MC
Moors & Cabot
Boston,
Massachusetts
|
+$355K |
| 3 |
Morgan Stanley
New York
|
+$268K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$183K |
| 5 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
+$68.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$1.77M |
| 2 |
LFAS
Level Four Advisory Services
Dallas,
Texas
|
-$1.27M |
| 3 |
MSL
Mackay Shields LLC
New York
|
-$1.04M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.03M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$617K |
BTA Hedge Fund Activity: Q1 2020 in Review
28 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in BlackRock Long-Term Municipal Advantage Trust (BTA) for Q1 2020, worth a combined $19.4M — down 31% from $28M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BTA positions and 4 closed out — a net gain of 2 holders — while 5 added to existing stakes and 12 trimmed.
The largest buyer was Robinson Capital Management, opening a new position worth an estimated $607K. The largest seller was UBS Group, cutting an estimated $1.77M.
- 28 institutional investors held BlackRock Long-Term Municipal Advantage Trust (BTA) as of Q1 2020, unchanged from Q4 2019.
- Funds reported $19.4M of BlackRock Long-Term Municipal Advantage Trust stock for Q1 2020, down 31% quarter-over-quarter.
- 6 funds opened new BlackRock Long-Term Municipal Advantage Trust positions in Q1 2020 and 4 closed out, a net change of +2 holders.
- The largest BlackRock Long-Term Municipal Advantage Trust buyer in Q1 2020 was Robinson Capital Management, an estimated $607K added.
- The largest BlackRock Long-Term Municipal Advantage Trust seller in Q1 2020 was UBS Group, an estimated $1.77M sold.
Based on aggregated 13F filings for Q1 2020.