Blackrock Muni Enhanced Fund, Inc.
MEN
MEN was delisted on the 16th of April, 2021.
59 hedge funds and large institutions have $60.7M invested in Blackrock Muni Enhanced Fund, Inc. in 2020 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 16 increasing their positions, 17 reducing their positions, and 14 closing their positions.
7% more capital invested
Capital invested by funds: $56.7M → $60.7M (+$3.96M)
6% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 17
7% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 14
5% less funds holding
Funds holding: 62 → 59 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$6.3M |
| 2 |
BI
Bramshill Investments
Naples,
Florida
|
+$1.32M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.19M |
| 4 |
Morgan Stanley
New York
|
+$1.18M |
| 5 |
Cohen & Steers
New York
|
+$1.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.03M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$943K |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$791K |
| 4 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$736K |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$534K |
MEN Hedge Fund Activity: Q1 2020 in Review
59 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Blackrock Muni Enhanced Fund, Inc. (MEN) for Q1 2020, worth a combined $60.7M — up 7% from $56.7M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of MEN and 13 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 16 added.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $6.3M. The largest seller was Sit Investment Associates, cutting an estimated $1.03M.
- 59 institutional investors held Blackrock Muni Enhanced Fund, Inc. (MEN) as of Q1 2020, down from 62 in Q4 2019.
- Funds reported $60.7M of Blackrock Muni Enhanced Fund, Inc. stock for Q1 2020, up 7% quarter-over-quarter.
- 13 funds opened new Blackrock Muni Enhanced Fund, Inc. positions in Q1 2020 and 14 closed out, a net change of -1 holder.
- The largest Blackrock Muni Enhanced Fund, Inc. buyer in Q1 2020 was Karpus Investment Management, an estimated $6.3M added.
- The largest Blackrock Muni Enhanced Fund, Inc. seller in Q1 2020 was Sit Investment Associates, an estimated $1.03M sold.
Based on aggregated 13F filings for Q1 2020.