Blackrock Muni Enhanced Fund, Inc.
MEN
MEN was delisted on the 16th of April, 2021.
55 hedge funds and large institutions have $50.9M invested in Blackrock Muni Enhanced Fund, Inc. in 2019 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 13 increasing their positions, 17 reducing their positions, and 11 closing their positions.
7% more capital invested
Capital invested by funds: $47.7M → $50.9M (+$3.17M)
0.62% more ownership
Funds ownership: 14.48% → 15.1% (+0.62%)
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
2% less funds holding
Funds holding: 56 → 55 (-1)
24% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.42M |
| 2 |
MSL
Mackay Shields LLC
New York
|
+$965K |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$565K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$554K |
| 5 |
VF
Virtu Financial
New York
|
+$373K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$842K |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$446K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$379K |
| 4 |
BI
Bramshill Investments
Naples,
Florida
|
-$299K |
| 5 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
-$269K |
MEN Hedge Fund Activity: Q3 2019 in Review
55 of the 4,575 institutional investors tracked by Wall St. Rank reported a position in Blackrock Muni Enhanced Fund, Inc. (MEN) for Q3 2019, worth a combined $50.9M — up 6.6% from $47.7M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of MEN and 10 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 13 added.
The largest buyer was Guggenheim Capital, adding an estimated $1.42M. The largest seller was Robinson Capital Management, cutting an estimated $842K.
- 55 institutional investors held Blackrock Muni Enhanced Fund, Inc. (MEN) as of Q3 2019, down from 56 in Q2 2019.
- Funds reported $50.9M of Blackrock Muni Enhanced Fund, Inc. stock for Q3 2019, up 6.6% quarter-over-quarter.
- 10 funds opened new Blackrock Muni Enhanced Fund, Inc. positions in Q3 2019 and 11 closed out, a net change of -1 holder.
- The largest Blackrock Muni Enhanced Fund, Inc. buyer in Q3 2019 was Guggenheim Capital, an estimated $1.42M added.
- The largest Blackrock Muni Enhanced Fund, Inc. seller in Q3 2019 was Robinson Capital Management, an estimated $842K sold.
Based on aggregated 13F filings for Q3 2019.