BlackRock Long-Term Municipal Advantage Trust
BTA
BTA was delisted on the 20th of February, 2026.
40 hedge funds and large institutions have $25.5M invested in BlackRock Long-Term Municipal Advantage Trust in 2024 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 6 reducing their positions, and 0 closing their positions.
240% more capital inflows, than outflows
Capital inflows: $2.67M | Capital outflows: $786K
100% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 6
18% more funds holding
Funds holding: 34 → 40 (+6)
1.35% more ownership
Funds ownership: 16.34% → 17.68% (+1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Guggenheim Capital
Chicago,
Illinois
|
+$1.77M |
| 2 |
Wolverine Asset Management
Chicago,
Illinois
|
+$214K |
| 3 |
Williams Jones Wealth Management
New York
|
+$165K |
| 4 |
PI
PFG Investments
Woodbury,
New York
|
+$127K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$117K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$442K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$187K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$73.4K |
| 4 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$67.7K |
| 5 |
Morgan Stanley
New York
|
-$8.67K |
BTA Hedge Fund Activity: Q3 2024 in Review
40 of the 6,983 institutional investors tracked by Wall St. Rank reported a position in BlackRock Long-Term Municipal Advantage Trust (BTA) for Q3 2024, worth a combined $25.5M — up 14% from $22.2M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BTA positions and 0 closed out — a net gain of 6 holders — while 12 added to existing stakes and 6 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $1.77M. The largest seller was Invesco, cutting an estimated $442K.
- 40 institutional investors held BlackRock Long-Term Municipal Advantage Trust (BTA) as of Q3 2024, up from 34 in Q2 2024.
- Funds reported $25.5M of BlackRock Long-Term Municipal Advantage Trust stock for Q3 2024, up 14% quarter-over-quarter.
- 6 funds opened new BlackRock Long-Term Municipal Advantage Trust positions in Q3 2024 and 0 closed out, a net change of +6 holders.
- The largest BlackRock Long-Term Municipal Advantage Trust buyer in Q3 2024 was Guggenheim Capital, an estimated $1.77M added.
- The largest BlackRock Long-Term Municipal Advantage Trust seller in Q3 2024 was Invesco, an estimated $442K sold.
Based on aggregated 13F filings for Q3 2024.