Blackrock Muni Enhanced Fund, Inc.
MEN
MEN was delisted on the 16th of April, 2021.
55 hedge funds and large institutions have $48.3M invested in Blackrock Muni Enhanced Fund, Inc. in 2018 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 20 increasing their positions, 12 reducing their positions, and 9 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 12
33% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 9
4% more funds holding
Funds holding: 53 → 55 (+2)
3% less capital invested
Capital invested by funds: $49.7M → $48.3M (-$1.36M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$1.12M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.06M |
| 3 |
Morgan Stanley
New York
|
+$851K |
| 4 |
Cohen & Steers
New York
|
+$687K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$642K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$3.07M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.09M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$906K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$888K |
| 5 |
6M
6 Meridian
Wichita,
Kansas
|
-$419K |
MEN Hedge Fund Activity: Q4 2018 in Review
55 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Blackrock Muni Enhanced Fund, Inc. (MEN) for Q4 2018, worth a combined $48.3M — down 2.7% from $49.7M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new MEN positions and 9 closed out — a net gain of 3 holders — while 20 added to existing stakes and 12 trimmed.
The largest buyer was Mackay Shields LLC, opening a new position worth an estimated $1.12M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $3.07M sold.
- 55 institutional investors held Blackrock Muni Enhanced Fund, Inc. (MEN) as of Q4 2018, up from 53 in Q3 2018.
- Funds reported $48.3M of Blackrock Muni Enhanced Fund, Inc. stock for Q4 2018, down 2.7% quarter-over-quarter.
- 12 funds opened new Blackrock Muni Enhanced Fund, Inc. positions in Q4 2018 and 9 closed out, a net change of +3 holders.
- The largest Blackrock Muni Enhanced Fund, Inc. buyer in Q4 2018 was Mackay Shields LLC, an estimated $1.12M added.
- The largest Blackrock Muni Enhanced Fund, Inc. seller in Q4 2018 was Laurion Capital Management, an estimated $3.07M sold.
Based on aggregated 13F filings for Q4 2018.