BlackRock Long-Term Municipal Advantage Trust
BTA
BTA was delisted on the 20th of February, 2026.
44 hedge funds and large institutions have $26.3M invested in BlackRock Long-Term Municipal Advantage Trust in 2024 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
10% more funds holding
Funds holding: 40 → 44 (+4)
2.34% more ownership
Funds ownership: 17.68% → 20.03% (+2.3%)
3% more capital invested
Capital invested by funds: $25.5M → $26.3M (+$817K)
0% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.14M |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.53M |
| 3 |
Morgan Stanley
New York
|
+$273K |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
+$187K |
| 5 |
SIM
Stratos Investment Management
Beachwood,
Ohio
|
+$174K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$454K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$374K |
| 3 |
SWA
Stratos Wealth Advisors
Beachwood,
Ohio
|
-$334K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$296K |
| 5 |
CAM
Concorde Asset Management
Ann Arbor,
Michigan
|
-$135K |
BTA Hedge Fund Activity: Q4 2024 in Review
44 of the 7,606 institutional investors tracked by Wall St. Rank reported a position in BlackRock Long-Term Municipal Advantage Trust (BTA) for Q4 2024, worth a combined $26.3M — up 3.2% from $25.5M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new BTA positions and 3 closed out — a net gain of 6 holders — while 10 added to existing stakes and 10 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $2.14M. The largest seller was Wells Fargo, cutting an estimated $454K.
- 44 institutional investors held BlackRock Long-Term Municipal Advantage Trust (BTA) as of Q4 2024, up from 40 in Q3 2024.
- Funds reported $26.3M of BlackRock Long-Term Municipal Advantage Trust stock for Q4 2024, up 3.2% quarter-over-quarter.
- 9 funds opened new BlackRock Long-Term Municipal Advantage Trust positions in Q4 2024 and 3 closed out, a net change of +6 holders.
- The largest BlackRock Long-Term Municipal Advantage Trust buyer in Q4 2024 was Guggenheim Capital, an estimated $2.14M added.
- The largest BlackRock Long-Term Municipal Advantage Trust seller in Q4 2024 was Wells Fargo, an estimated $454K sold.
Based on aggregated 13F filings for Q4 2024.