BlackRock MuniHoldings New Jersey Quality Fund
MUJ
26 hedge funds and large institutions have $16.2M invested in BlackRock MuniHoldings New Jersey Quality Fund in 2014 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 8 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
0.43% less ownership
Funds ownership: 5.92% → 5.49% (-0.43%)
2% less capital invested
Capital invested by funds: $16.5M → $16.2M (-$362K)
21% less funds holding
Funds holding: 33 → 26 (-7)
88% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$546K |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$379K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$188K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$174K |
| 5 |
LPL Financial
San Diego,
California
|
+$32.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
-$667K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$504K |
| 3 |
OFG
OTA Financial Group
Purchase,
New York
|
-$284K |
| 4 |
Barclays
London,
United Kingdom
|
-$225K |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$211K |
MUJ Hedge Fund Activity: Q1 2014 in Review
26 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings New Jersey Quality Fund (MUJ) for Q1 2014, worth a combined $16.2M — down 2.2% from $16.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of MUJ and 1 opened new positions — a net loss of 7 holders — while 6 trimmed existing stakes and 7 added.
The largest buyer was Morgan Stanley, adding an estimated $546K. The largest seller was Doliver Advisors, cutting an estimated $667K.
- 26 institutional investors held BlackRock MuniHoldings New Jersey Quality Fund (MUJ) as of Q1 2014, down from 33 in Q4 2013.
- Funds reported $16.2M of BlackRock MuniHoldings New Jersey Quality Fund stock for Q1 2014, down 2.2% quarter-over-quarter.
- 1 fund opened new BlackRock MuniHoldings New Jersey Quality Fund positions in Q1 2014 and 8 closed out, a net change of -7 holders.
- The largest BlackRock MuniHoldings New Jersey Quality Fund buyer in Q1 2014 was Morgan Stanley, an estimated $546K added.
- The largest BlackRock MuniHoldings New Jersey Quality Fund seller in Q1 2014 was Doliver Advisors, an estimated $667K sold.
Based on aggregated 13F filings for Q1 2014.