BlackRock Long-Term Municipal Advantage Trust
BTA
BTA was delisted on the 20th of February, 2026.
29 hedge funds and large institutions have $21.3M invested in BlackRock Long-Term Municipal Advantage Trust in 2022 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 12 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
7% more funds holding
Funds holding: 27 → 29 (+2)
0.23% less ownership
Funds ownership: 16.38% → 16.15% (-0.23%)
12% less capital invested
Capital invested by funds: $24.4M → $21.3M (-$3.03M)
33% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$642K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$280K |
| 3 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$133K |
| 4 |
LPL Financial
San Diego,
California
|
+$94.1K |
| 5 |
Rockefeller Capital Management
New York
|
+$45.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$656K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$230K |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$168K |
| 4 |
Morgan Stanley
New York
|
-$153K |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$111K |
BTA Hedge Fund Activity: Q3 2022 in Review
29 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in BlackRock Long-Term Municipal Advantage Trust (BTA) for Q3 2022, worth a combined $21.3M — down 12% from $24.4M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new BTA positions and 1 closed out — a net gain of 2 holders — while 8 added to existing stakes and 12 trimmed.
The largest buyer was Janney Montgomery Scott, adding an estimated $642K. The largest seller was Invesco, cutting an estimated $656K.
- 29 institutional investors held BlackRock Long-Term Municipal Advantage Trust (BTA) as of Q3 2022, up from 27 in Q2 2022.
- Funds reported $21.3M of BlackRock Long-Term Municipal Advantage Trust stock for Q3 2022, down 12% quarter-over-quarter.
- 3 funds opened new BlackRock Long-Term Municipal Advantage Trust positions in Q3 2022 and 1 closed out, a net change of +2 holders.
- The largest BlackRock Long-Term Municipal Advantage Trust buyer in Q3 2022 was Janney Montgomery Scott, an estimated $642K added.
- The largest BlackRock Long-Term Municipal Advantage Trust seller in Q3 2022 was Invesco, an estimated $656K sold.
Based on aggregated 13F filings for Q3 2022.