Blackrock Muni Enhanced Fund, Inc.
MEN
MEN was delisted on the 16th of April, 2021.
63 hedge funds and large institutions have $75.7M invested in Blackrock Muni Enhanced Fund, Inc. in 2020 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 24 increasing their positions, 12 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
100% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 12
9% more funds holding
Funds holding: 58 → 63 (+5)
7% more capital invested
Capital invested by funds: $70.5M → $75.7M (+$5.22M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$828K |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$805K |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$358K |
| 4 |
TW
TrinityPoint Wealth
Milford,
Connecticut
|
+$293K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$265K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.26M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
-$656K |
| 3 |
Cohen & Steers
New York
|
-$334K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$303K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$264K |
MEN Hedge Fund Activity: Q4 2020 in Review
63 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Blackrock Muni Enhanced Fund, Inc. (MEN) for Q4 2020, worth a combined $75.7M — up 7.4% from $70.5M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new MEN positions and 4 closed out — a net gain of 5 holders — while 24 added to existing stakes and 12 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $828K. The largest seller was Karpus Investment Management, cutting an estimated $1.26M.
- 63 institutional investors held Blackrock Muni Enhanced Fund, Inc. (MEN) as of Q4 2020, up from 58 in Q3 2020.
- Funds reported $75.7M of Blackrock Muni Enhanced Fund, Inc. stock for Q4 2020, up 7.4% quarter-over-quarter.
- 9 funds opened new Blackrock Muni Enhanced Fund, Inc. positions in Q4 2020 and 4 closed out, a net change of +5 holders.
- The largest Blackrock Muni Enhanced Fund, Inc. buyer in Q4 2020 was Guggenheim Capital, an estimated $828K added.
- The largest Blackrock Muni Enhanced Fund, Inc. seller in Q4 2020 was Karpus Investment Management, an estimated $1.26M sold.
Based on aggregated 13F filings for Q4 2020.