Blackrock Muni Enhanced Fund, Inc.
MEN
MEN was delisted on the 16th of April, 2021.
41 hedge funds and large institutions have $32.8M invested in Blackrock Muni Enhanced Fund, Inc. in 2016 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 14 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
11% more funds holding
Funds holding: 37 → 41 (+4)
4% less capital invested
Capital invested by funds: $34.1M → $32.8M (-$1.23M)
29% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$380K |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$298K |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$164K |
| 4 |
VanEck Associates
New York
|
+$153K |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$123K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$1.56M |
| 2 |
Morgan Stanley
New York
|
-$558K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$462K |
| 4 |
LPL Financial
San Diego,
California
|
-$428K |
| 5 |
CFP
Cornerstone Financial Partners
Huntersville,
North Carolina
|
-$376K |
MEN Hedge Fund Activity: Q1 2016 in Review
41 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Blackrock Muni Enhanced Fund, Inc. (MEN) for Q1 2016, worth a combined $32.8M — down 3.6% from $34.1M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new MEN positions and 4 closed out — a net gain of 4 holders — while 10 added to existing stakes and 14 trimmed.
The largest buyer was Bank of America, adding an estimated $380K. The largest seller was Cohen & Steers, cutting an estimated $1.56M.
- 41 institutional investors held Blackrock Muni Enhanced Fund, Inc. (MEN) as of Q1 2016, up from 37 in Q4 2015.
- Funds reported $32.8M of Blackrock Muni Enhanced Fund, Inc. stock for Q1 2016, down 3.6% quarter-over-quarter.
- 8 funds opened new Blackrock Muni Enhanced Fund, Inc. positions in Q1 2016 and 4 closed out, a net change of +4 holders.
- The largest Blackrock Muni Enhanced Fund, Inc. buyer in Q1 2016 was Bank of America, an estimated $380K added.
- The largest Blackrock Muni Enhanced Fund, Inc. seller in Q1 2016 was Cohen & Steers, an estimated $1.56M sold.
Based on aggregated 13F filings for Q1 2016.