BlackRock MuniHoldings New Jersey Quality Fund
MUJ
33 hedge funds and large institutions have $16.5M invested in BlackRock MuniHoldings New Jersey Quality Fund in 2013 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 6 increasing their positions, 8 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
22% more funds holding
Funds holding: 27 → 33 (+6)
15% more capital invested
Capital invested by funds: $14.4M → $16.5M (+$2.2M)
0.92% more ownership
Funds ownership: 5% → 5.92% (+0.92%)
25% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
+$962K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$542K |
| 3 |
Morgan Stanley
New York
|
+$392K |
| 4 |
OFG
OTA Financial Group
Purchase,
New York
|
+$284K |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$247K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$308K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$226K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$186K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$127K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$116K |
MUJ Hedge Fund Activity: Q4 2013 in Review
33 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings New Jersey Quality Fund (MUJ) for Q4 2013, worth a combined $16.5M — up 15% from $14.4M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new MUJ positions and 2 closed out — a net gain of 6 holders — while 6 added to existing stakes and 8 trimmed.
The largest buyer was Doliver Advisors, opening a new position worth an estimated $962K. The largest seller was Bank of America, cutting an estimated $308K.
- 33 institutional investors held BlackRock MuniHoldings New Jersey Quality Fund (MUJ) as of Q4 2013, up from 27 in Q3 2013.
- Funds reported $16.5M of BlackRock MuniHoldings New Jersey Quality Fund stock for Q4 2013, up 15% quarter-over-quarter.
- 8 funds opened new BlackRock MuniHoldings New Jersey Quality Fund positions in Q4 2013 and 2 closed out, a net change of +6 holders.
- The largest BlackRock MuniHoldings New Jersey Quality Fund buyer in Q4 2013 was Doliver Advisors, an estimated $962K added.
- The largest BlackRock MuniHoldings New Jersey Quality Fund seller in Q4 2013 was Bank of America, an estimated $308K sold.
Based on aggregated 13F filings for Q4 2013.