BlackRock Long-Term Municipal Advantage Trust
BTA
BTA was delisted on the 20th of February, 2026.
33 hedge funds and large institutions have $20.3M invested in BlackRock Long-Term Municipal Advantage Trust in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 5 closing their positions.
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
1.83% less ownership
Funds ownership: 17.44% → 15.61% (-1.8%)
3% less funds holding
Funds holding: 34 → 33 (-1)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
13% less capital invested
Capital invested by funds: $23.3M → $20.3M (-$3.02M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$290K |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$201K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$152K |
| 4 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$117K |
| 5 |
Morgan Stanley
New York
|
+$89.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$581K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$571K |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$545K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$398K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$247K |
BTA Hedge Fund Activity: Q2 2023 in Review
33 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in BlackRock Long-Term Municipal Advantage Trust (BTA) for Q2 2023, worth a combined $20.3M — down 13% from $23.3M a quarter earlier.
Fund positioning in BTA was balanced in Q2 2023: 5 funds opened new positions, 5 closed out, 9 added to existing stakes and 10 trimmed.
The largest buyer was Invesco, adding an estimated $290K. The largest seller was Robinson Capital Management, exiting entirely with an estimated $581K sold.
- 33 institutional investors held BlackRock Long-Term Municipal Advantage Trust (BTA) as of Q2 2023, down from 34 in Q1 2023.
- Funds reported $20.3M of BlackRock Long-Term Municipal Advantage Trust stock for Q2 2023, down 13% quarter-over-quarter.
- 5 funds opened new BlackRock Long-Term Municipal Advantage Trust positions in Q2 2023 and 5 closed out, a net change of 0 holders.
- The largest BlackRock Long-Term Municipal Advantage Trust buyer in Q2 2023 was Invesco, an estimated $290K added.
- The largest BlackRock Long-Term Municipal Advantage Trust seller in Q2 2023 was Robinson Capital Management, an estimated $581K sold.
Based on aggregated 13F filings for Q2 2023.