BlackRock Long-Term Municipal Advantage Trust
BTA
BTA was delisted on the 20th of February, 2026.
30 hedge funds and large institutions have $29.9M invested in BlackRock Long-Term Municipal Advantage Trust in 2021 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 7 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
71% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 7
42% more capital invested
Capital invested by funds: $21.1M → $29.9M (+$8.82M)
11% more funds holding
Funds holding: 27 → 30 (+3)
5.25% more ownership
Funds ownership: 12.35% → 17.59% (+5.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$436K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$340K |
| 3 |
Cohen & Steers
New York
|
+$287K |
| 4 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
+$239K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$228K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$514K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$233K |
| 3 |
LPL Financial
San Diego,
California
|
-$174K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$161K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$154K |
BTA Hedge Fund Activity: Q1 2021 in Review
30 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in BlackRock Long-Term Municipal Advantage Trust (BTA) for Q1 2021, worth a combined $29.9M — up 42% from $21.1M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BTA positions and 3 closed out — a net gain of 4 holders — while 12 added to existing stakes and 7 trimmed.
The largest buyer was Robinson Capital Management, adding an estimated $436K. The largest seller was Kestra Advisory Services, exiting entirely with an estimated $514K sold.
- 30 institutional investors held BlackRock Long-Term Municipal Advantage Trust (BTA) as of Q1 2021, up from 27 in Q4 2020.
- Funds reported $29.9M of BlackRock Long-Term Municipal Advantage Trust stock for Q1 2021, up 42% quarter-over-quarter.
- 7 funds opened new BlackRock Long-Term Municipal Advantage Trust positions in Q1 2021 and 3 closed out, a net change of +4 holders.
- The largest BlackRock Long-Term Municipal Advantage Trust buyer in Q1 2021 was Robinson Capital Management, an estimated $436K added.
- The largest BlackRock Long-Term Municipal Advantage Trust seller in Q1 2021 was Kestra Advisory Services, an estimated $514K sold.
Based on aggregated 13F filings for Q1 2021.