BlackRock Long-Term Municipal Advantage Trust
BTA
BTA was delisted on the 20th of February, 2026.
29 hedge funds and large institutions have $17.6M invested in BlackRock Long-Term Municipal Advantage Trust in 2020 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 12 increasing their positions, 8 reducing their positions, and 3 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 8
1.01% less ownership
Funds ownership: 12.13% → 11.11% (-1%)
3% less funds holding
Funds holding: 30 → 29 (-1)
9% less capital invested
Capital invested by funds: $19.3M → $17.6M (-$1.68M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$154K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$137K |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$91.1K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$72.2K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$61.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$942K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$774K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$378K |
| 4 |
SPIA
Steward Partners Investment Advisory
New York
|
-$51K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$44.4K |
BTA Hedge Fund Activity: Q3 2020 in Review
29 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in BlackRock Long-Term Municipal Advantage Trust (BTA) for Q3 2020, worth a combined $17.6M — down 8.7% from $19.3M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of BTA and 2 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 12 added.
The largest buyer was UBS Group, adding an estimated $154K. The largest seller was Robinson Capital Management, exiting entirely with an estimated $942K sold.
- 29 institutional investors held BlackRock Long-Term Municipal Advantage Trust (BTA) as of Q3 2020, down from 30 in Q2 2020.
- Funds reported $17.6M of BlackRock Long-Term Municipal Advantage Trust stock for Q3 2020, down 8.7% quarter-over-quarter.
- 2 funds opened new BlackRock Long-Term Municipal Advantage Trust positions in Q3 2020 and 3 closed out, a net change of -1 holder.
- The largest BlackRock Long-Term Municipal Advantage Trust buyer in Q3 2020 was UBS Group, an estimated $154K added.
- The largest BlackRock Long-Term Municipal Advantage Trust seller in Q3 2020 was Robinson Capital Management, an estimated $942K sold.
Based on aggregated 13F filings for Q3 2020.