Blackrock Muni Enhanced Fund, Inc.
MEN
MEN was delisted on the 16th of April, 2021.
59 hedge funds and large institutions have $65.3M invested in Blackrock Muni Enhanced Fund, Inc. in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 19 increasing their positions, 14 reducing their positions, and 5 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 14
8% more capital invested
Capital invested by funds: $60.7M → $65.3M (+$4.68M)
0% more funds holding
Funds holding: 59 → 59 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
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
|
+$2.82M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.12M |
| 3 |
STA
Summit Trail Advisors
New York
|
+$656K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$614K |
| 5 |
JWA
JFS Wealth Advisors
Hermitage,
Pennsylvania
|
+$443K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.75M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$1.17M |
| 3 |
BI
Bramshill Investments
Naples,
Florida
|
-$341K |
| 4 |
Morgan Stanley
New York
|
-$306K |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$290K |
MEN Hedge Fund Activity: Q2 2020 in Review
59 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Blackrock Muni Enhanced Fund, Inc. (MEN) for Q2 2020, worth a combined $65.3M — up 7.7% from $60.7M a quarter earlier.
Fund positioning in MEN was balanced in Q2 2020: 5 funds opened new positions, 5 closed out, 19 added to existing stakes and 14 trimmed.
The largest buyer was Mackay Shields LLC, adding an estimated $2.82M. The largest seller was Karpus Investment Management, cutting an estimated $2.75M.
- 59 institutional investors held Blackrock Muni Enhanced Fund, Inc. (MEN) as of Q2 2020, unchanged from Q1 2020.
- Funds reported $65.3M of Blackrock Muni Enhanced Fund, Inc. stock for Q2 2020, up 7.7% quarter-over-quarter.
- 5 funds opened new Blackrock Muni Enhanced Fund, Inc. positions in Q2 2020 and 5 closed out, a net change of 0 holders.
- The largest Blackrock Muni Enhanced Fund, Inc. buyer in Q2 2020 was Mackay Shields LLC, an estimated $2.82M added.
- The largest Blackrock Muni Enhanced Fund, Inc. seller in Q2 2020 was Karpus Investment Management, an estimated $2.75M sold.
Based on aggregated 13F filings for Q2 2020.