BlackRock MuniHoldings New Jersey Quality Fund
MUJ
25 hedge funds and large institutions have $15.5M invested in BlackRock MuniHoldings New Jersey Quality Fund in 2014 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 3 closing their positions.
0.44% less ownership
Funds ownership: 5.49% → 5.06% (-0.44%)
4% less capital invested
Capital invested by funds: $16.2M → $15.5M (-$726K)
4% less funds holding
Funds holding: 26 → 25 (-1)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$452K |
| 2 |
PGFC
Peapack-Gladstone Financial Corp
Bedminster,
New Jersey
|
+$241K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$20.9K |
| 4 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$19.2K |
| 5 |
Citigroup
New York
|
+$15.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$763K |
| 2 |
Morgan Stanley
New York
|
-$562K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$339K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$237K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$47.8K |
MUJ Hedge Fund Activity: Q2 2014 in Review
25 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings New Jersey Quality Fund (MUJ) for Q2 2014, worth a combined $15.5M — down 4.5% from $16.2M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of MUJ and 2 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 5 added.
The largest buyer was Advisors Asset Management, adding an estimated $452K. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $763K sold.
- 25 institutional investors held BlackRock MuniHoldings New Jersey Quality Fund (MUJ) as of Q2 2014, down from 26 in Q1 2014.
- Funds reported $15.5M of BlackRock MuniHoldings New Jersey Quality Fund stock for Q2 2014, down 4.5% quarter-over-quarter.
- 2 funds opened new BlackRock MuniHoldings New Jersey Quality Fund positions in Q2 2014 and 3 closed out, a net change of -1 holder.
- The largest BlackRock MuniHoldings New Jersey Quality Fund buyer in Q2 2014 was Advisors Asset Management, an estimated $452K added.
- The largest BlackRock MuniHoldings New Jersey Quality Fund seller in Q2 2014 was Wolverine Asset Management, an estimated $763K sold.
Based on aggregated 13F filings for Q2 2014.