BlackRock Long-Term Municipal Advantage Trust
BTA
BTA was delisted on the 20th of February, 2026.
33 hedge funds and large institutions have $19.9M invested in BlackRock Long-Term Municipal Advantage Trust in 2023 Q3 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.
78% more capital inflows, than outflows
Capital inflows: $2.67M | Capital outflows: $1.5M
0.93% more ownership
Funds ownership: 15.61% → 16.54% (+0.93%)
0% more funds holding
Funds holding: 33 → 33 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWA
Stratos Wealth Advisors
Beachwood,
Ohio
|
+$741K |
| 2 |
Guggenheim Capital
Chicago,
Illinois
|
+$545K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$481K |
| 4 |
LPL Financial
San Diego,
California
|
+$213K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$173K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$496K |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$214K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$166K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$150K |
| 5 |
Synovus Financial
Columbus,
Georgia
|
-$133K |
BTA Hedge Fund Activity: Q3 2023 in Review
33 of the 6,314 institutional investors tracked by Wall St. Rank reported a position in BlackRock Long-Term Municipal Advantage Trust (BTA) for Q3 2023, worth a combined $19.9M — down 1.8% from $20.3M a quarter earlier.
Fund positioning in BTA was balanced in Q3 2023: 5 funds opened new positions, 5 closed out, 9 added to existing stakes and 10 trimmed.
The largest buyer was Stratos Wealth Advisors, opening a new position worth an estimated $741K. The largest seller was Morgan Stanley, cutting an estimated $496K.
- 33 institutional investors held BlackRock Long-Term Municipal Advantage Trust (BTA) as of Q3 2023, unchanged from Q2 2023.
- Funds reported $19.9M of BlackRock Long-Term Municipal Advantage Trust stock for Q3 2023, down 1.8% quarter-over-quarter.
- 5 funds opened new BlackRock Long-Term Municipal Advantage Trust positions in Q3 2023 and 5 closed out, a net change of 0 holders.
- The largest BlackRock Long-Term Municipal Advantage Trust buyer in Q3 2023 was Stratos Wealth Advisors, an estimated $741K added.
- The largest BlackRock Long-Term Municipal Advantage Trust seller in Q3 2023 was Morgan Stanley, an estimated $496K sold.
Based on aggregated 13F filings for Q3 2023.