BlackRock Long-Term Municipal Advantage Trust
BTA
BTA was delisted on the 20th of February, 2026.
23 hedge funds and large institutions have $27.1M invested in BlackRock Long-Term Municipal Advantage Trust in 2021 Q3 according to their latest regulatory filings, with 0 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
2.02% less ownership
Funds ownership: 16.92% → 14.91% (-2%)
15% less funds holding
Funds holding: 27 → 23 (-4)
62% less capital inflows, than outflows
Capital inflows: $2.29M | Capital outflows: $6.03M
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$790K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$610K |
| 3 |
Cohen & Steers
New York
|
+$368K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$287K |
| 5 |
AA
AlphaCentric Advisors
San Juan,
Puerto Rico
|
+$127K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$3.6M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.2M |
| 3 |
OA
Oxbow Advisors
Austin,
Texas
|
-$409K |
| 4 |
Sit Investment Associates
Minneapolis,
Minnesota
|
-$339K |
| 5 |
VanEck Associates
New York
|
-$176K |
BTA Hedge Fund Activity: Q3 2021 in Review
23 of the 5,730 institutional investors tracked by Wall St. Rank reported a position in BlackRock Long-Term Municipal Advantage Trust (BTA) for Q3 2021, worth a combined $27.1M — down 13% from $30.9M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of BTA and 0 opened new positions — a net loss of 4 holders — while 7 trimmed existing stakes and 12 added.
The largest buyer was Invesco, adding an estimated $790K. The largest seller was Hennion & Walsh Asset Management, cutting an estimated $3.6M.
- 23 institutional investors held BlackRock Long-Term Municipal Advantage Trust (BTA) as of Q3 2021, down from 27 in Q2 2021.
- Funds reported $27.1M of BlackRock Long-Term Municipal Advantage Trust stock for Q3 2021, down 13% quarter-over-quarter.
- 0 funds opened new BlackRock Long-Term Municipal Advantage Trust positions in Q3 2021 and 4 closed out, a net change of -4 holders.
- The largest BlackRock Long-Term Municipal Advantage Trust buyer in Q3 2021 was Invesco, an estimated $790K added.
- The largest BlackRock Long-Term Municipal Advantage Trust seller in Q3 2021 was Hennion & Walsh Asset Management, an estimated $3.6M sold.
Based on aggregated 13F filings for Q3 2021.