Blackrock Muni Enhanced Fund, Inc.
MEN
MEN was delisted on the 16th of April, 2021.
41 hedge funds and large institutions have $35.4M invested in Blackrock Muni Enhanced Fund, Inc. in 2017 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 13 reducing their positions, and 8 closing their positions.
6% less capital invested
Capital invested by funds: $37.7M → $35.4M (-$2.21M)
13% less funds holding
Funds holding: 47 → 41 (-6)
23% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 13
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$647K |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
+$604K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$530K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$520K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$136K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$1.08M |
| 2 |
Morgan Stanley
New York
|
-$909K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$807K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$668K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$371K |
MEN Hedge Fund Activity: Q1 2017 in Review
41 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Blackrock Muni Enhanced Fund, Inc. (MEN) for Q1 2017, worth a combined $35.4M — down 5.9% from $37.7M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of MEN and 3 opened new positions — a net loss of 5 holders — while 13 trimmed existing stakes and 10 added.
The largest buyer was Advisors Asset Management, adding an estimated $647K. The largest seller was Laurion Capital Management, exiting entirely with an estimated $1.08M sold.
- 41 institutional investors held Blackrock Muni Enhanced Fund, Inc. (MEN) as of Q1 2017, down from 47 in Q4 2016.
- Funds reported $35.4M of Blackrock Muni Enhanced Fund, Inc. stock for Q1 2017, down 5.9% quarter-over-quarter.
- 3 funds opened new Blackrock Muni Enhanced Fund, Inc. positions in Q1 2017 and 8 closed out, a net change of -5 holders.
- The largest Blackrock Muni Enhanced Fund, Inc. buyer in Q1 2017 was Advisors Asset Management, an estimated $647K added.
- The largest Blackrock Muni Enhanced Fund, Inc. seller in Q1 2017 was Laurion Capital Management, an estimated $1.08M sold.
Based on aggregated 13F filings for Q1 2017.