BlackRock Long-Term Municipal Advantage Trust
BTA
BTA was delisted on the 20th of February, 2026.
28 hedge funds and large institutions have $23.6M invested in BlackRock Long-Term Municipal Advantage Trust in 2022 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
12% more funds holding
Funds holding: 25 → 28 (+3)
0.48% more ownership
Funds ownership: 14.61% → 15.09% (+0.48%)
20% less capital invested
Capital invested by funds: $29.4M → $23.6M (-$5.89M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.36M |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$1.33M |
| 3 |
SAM
Secure Asset Management
Troy,
Michigan
|
+$461K |
| 4 |
Morgan Stanley
New York
|
+$74.7K |
| 5 |
SPIA
Steward Partners Investment Advisory
New York
|
+$67.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$899K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$773K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$527K |
| 4 |
Millennium Management
New York
|
-$224K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$74.4K |
BTA Hedge Fund Activity: Q1 2022 in Review
28 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in BlackRock Long-Term Municipal Advantage Trust (BTA) for Q1 2022, worth a combined $23.6M — down 20% from $29.4M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new BTA positions and 1 closed out — a net gain of 4 holders — while 10 added to existing stakes and 7 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $1.36M. The largest seller was Sit Investment Associates, cutting an estimated $899K.
- 28 institutional investors held BlackRock Long-Term Municipal Advantage Trust (BTA) as of Q1 2022, up from 25 in Q4 2021.
- Funds reported $23.6M of BlackRock Long-Term Municipal Advantage Trust stock for Q1 2022, down 20% quarter-over-quarter.
- 5 funds opened new BlackRock Long-Term Municipal Advantage Trust positions in Q1 2022 and 1 closed out, a net change of +4 holders.
- The largest BlackRock Long-Term Municipal Advantage Trust buyer in Q1 2022 was Advisors Asset Management, an estimated $1.36M added.
- The largest BlackRock Long-Term Municipal Advantage Trust seller in Q1 2022 was Sit Investment Associates, an estimated $899K sold.
Based on aggregated 13F filings for Q1 2022.