BlackRock Long-Term Municipal Advantage Trust
BTA
BTA was delisted on the 20th of February, 2026.
33 hedge funds and large institutions have $22.1M invested in BlackRock Long-Term Municipal Advantage Trust in 2023 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 5 reducing their positions, and 5 closing their positions.
180% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 5
11% more capital invested
Capital invested by funds: $19.9M → $22.1M (+$2.13M)
0% more funds holding
Funds holding: 33 → 33 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
0.49% less ownership
Funds ownership: 16.54% → 16.05% (-0.49%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.1M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$441K |
| 3 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
+$207K |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$186K |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$143K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.05M |
| 2 |
LPL Financial
San Diego,
California
|
-$614K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$578K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$436K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$345K |
BTA Hedge Fund Activity: Q4 2023 in Review
33 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in BlackRock Long-Term Municipal Advantage Trust (BTA) for Q4 2023, worth a combined $22.1M — up 11% from $19.9M a quarter earlier.
Fund positioning in BTA was balanced in Q4 2023: 5 funds opened new positions, 5 closed out, 14 added to existing stakes and 5 trimmed.
The largest buyer was Wells Fargo, adding an estimated $1.1M. The largest seller was Advisors Asset Management, exiting entirely with an estimated $1.05M sold.
- 33 institutional investors held BlackRock Long-Term Municipal Advantage Trust (BTA) as of Q4 2023, unchanged from Q3 2023.
- Funds reported $22.1M of BlackRock Long-Term Municipal Advantage Trust stock for Q4 2023, up 11% quarter-over-quarter.
- 5 funds opened new BlackRock Long-Term Municipal Advantage Trust positions in Q4 2023 and 5 closed out, a net change of 0 holders.
- The largest BlackRock Long-Term Municipal Advantage Trust buyer in Q4 2023 was Wells Fargo, an estimated $1.1M added.
- The largest BlackRock Long-Term Municipal Advantage Trust seller in Q4 2023 was Advisors Asset Management, an estimated $1.05M sold.
Based on aggregated 13F filings for Q4 2023.