Blackrock Muni Enhanced Fund, Inc.
MEN
MEN was delisted on the 16th of April, 2021.
61 hedge funds and large institutions have $78M invested in Blackrock Muni Enhanced Fund, Inc. in 2021 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 27 increasing their positions, 18 reducing their positions, and 5 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 18
3% more capital invested
Capital invested by funds: $75.7M → $78M (+$2.37M)
3% less funds holding
Funds holding: 63 → 61 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$1.64M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.43M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.26M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$499K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$458K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$852K |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$759K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$686K |
| 4 |
RCA
Ranch Capital Advisors
Sarasota,
Florida
|
-$636K |
| 5 |
BI
Bramshill Investments
Naples,
Florida
|
-$634K |
MEN Hedge Fund Activity: Q1 2021 in Review
61 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Blackrock Muni Enhanced Fund, Inc. (MEN) for Q1 2021, worth a combined $78M — up 3.1% from $75.7M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of MEN and 3 opened new positions — a net loss of 2 holders — while 18 trimmed existing stakes and 27 added.
The largest buyer was UBS Group, adding an estimated $1.64M. The largest seller was Kestra Advisory Services, cutting an estimated $852K.
- 61 institutional investors held Blackrock Muni Enhanced Fund, Inc. (MEN) as of Q1 2021, down from 63 in Q4 2020.
- Funds reported $78M of Blackrock Muni Enhanced Fund, Inc. stock for Q1 2021, up 3.1% quarter-over-quarter.
- 3 funds opened new Blackrock Muni Enhanced Fund, Inc. positions in Q1 2021 and 5 closed out, a net change of -2 holders.
- The largest Blackrock Muni Enhanced Fund, Inc. buyer in Q1 2021 was UBS Group, an estimated $1.64M added.
- The largest Blackrock Muni Enhanced Fund, Inc. seller in Q1 2021 was Kestra Advisory Services, an estimated $852K sold.
Based on aggregated 13F filings for Q1 2021.