BlackRock Long-Term Municipal Advantage Trust
BTA
BTA was delisted on the 20th of February, 2026.
37 hedge funds and large institutions have $21.3M invested in BlackRock Long-Term Municipal Advantage Trust in 2024 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 12 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
12% more funds holding
Funds holding: 33 → 37 (+4)
0.21% less ownership
Funds ownership: 16.05% → 15.84% (-0.21%)
4% less capital invested
Capital invested by funds: $22.1M → $21.3M (-$804K)
25% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$329K |
| 2 |
SBIA
Sheaff Brock Investment Advisors
Indianapolis,
Indiana
|
+$184K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$148K |
| 4 |
CAM
Concorde Asset Management
Ann Arbor,
Michigan
|
+$114K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$108K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$742K |
| 2 |
VanEck Associates
New York
|
-$230K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$207K |
| 4 |
SPIA
Steward Partners Investment Advisory
New York
|
-$57.7K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$38.7K |
BTA Hedge Fund Activity: Q1 2024 in Review
37 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in BlackRock Long-Term Municipal Advantage Trust (BTA) for Q1 2024, worth a combined $21.3M — down 3.6% from $22.1M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BTA positions and 2 closed out — a net gain of 4 holders — while 9 added to existing stakes and 12 trimmed.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $329K. The largest seller was Janney Montgomery Scott, cutting an estimated $742K.
- 37 institutional investors held BlackRock Long-Term Municipal Advantage Trust (BTA) as of Q1 2024, up from 33 in Q4 2023.
- Funds reported $21.3M of BlackRock Long-Term Municipal Advantage Trust stock for Q1 2024, down 3.6% quarter-over-quarter.
- 6 funds opened new BlackRock Long-Term Municipal Advantage Trust positions in Q1 2024 and 2 closed out, a net change of +4 holders.
- The largest BlackRock Long-Term Municipal Advantage Trust buyer in Q1 2024 was Raymond James Financial Services Advisors, an estimated $329K added.
- The largest BlackRock Long-Term Municipal Advantage Trust seller in Q1 2024 was Janney Montgomery Scott, an estimated $742K sold.
Based on aggregated 13F filings for Q1 2024.