BlackRock Long-Term Municipal Advantage Trust
BTA
BTA was delisted on the 20th of February, 2026.
30 hedge funds and large institutions have $19.3M invested in BlackRock Long-Term Municipal Advantage Trust in 2020 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 7 reducing their positions, and 4 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 7
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
7% more funds holding
Funds holding: 28 → 30 (+2)
0.75% less ownership
Funds ownership: 12.88% → 12.13% (-0.75%)
43% less capital inflows, than outflows
Capital inflows: $1.45M | Capital outflows: $2.57M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$348K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$210K |
| 3 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$169K |
| 4 |
FWM
Fairhaven Wealth Management
Oak Brook,
Illinois
|
+$142K |
| 5 |
LPL Financial
San Diego,
California
|
+$140K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.05M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$563K |
| 3 |
Guggenheim Capital
Chicago,
Illinois
|
-$550K |
| 4 |
Wolverine Asset Management
Chicago,
Illinois
|
-$164K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$92.3K |
BTA Hedge Fund Activity: Q2 2020 in Review
30 of the 4,890 institutional investors tracked by Wall St. Rank reported a position in BlackRock Long-Term Municipal Advantage Trust (BTA) for Q2 2020, worth a combined $19.3M — down 0.51% from $19.4M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BTA positions and 4 closed out — a net gain of 2 holders — while 12 added to existing stakes and 7 trimmed.
The largest buyer was Robinson Capital Management, adding an estimated $348K. The largest seller was Wells Fargo, cutting an estimated $1.05M.
- 30 institutional investors held BlackRock Long-Term Municipal Advantage Trust (BTA) as of Q2 2020, up from 28 in Q1 2020.
- Funds reported $19.3M of BlackRock Long-Term Municipal Advantage Trust stock for Q2 2020, down 0.51% quarter-over-quarter.
- 6 funds opened new BlackRock Long-Term Municipal Advantage Trust positions in Q2 2020 and 4 closed out, a net change of +2 holders.
- The largest BlackRock Long-Term Municipal Advantage Trust buyer in Q2 2020 was Robinson Capital Management, an estimated $348K added.
- The largest BlackRock Long-Term Municipal Advantage Trust seller in Q2 2020 was Wells Fargo, an estimated $1.05M sold.
Based on aggregated 13F filings for Q2 2020.