BlackRock MuniHoldings New Jersey Quality Fund
MUJ
30 hedge funds and large institutions have $30.6M invested in BlackRock MuniHoldings New Jersey Quality Fund in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 9 closing their positions.
0.4% less ownership
Funds ownership: 7.1% → 6.7% (-0.4%)
1% less capital invested
Capital invested by funds: $30.9M → $30.6M (-$332K)
14% less funds holding
Funds holding: 35 → 30 (-5)
22% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 9
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$1.08M |
| 2 |
LPL Financial
San Diego,
California
|
+$584K |
| 3 |
HK
Horizon Kinetics
New York
|
+$330K |
| 4 |
HCM
Hollencrest Capital Management
Newport Beach,
California
|
+$203K |
| 5 |
RC
RegentAtlantic Capital
Morristown,
New Jersey
|
+$150K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$599K |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$513K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$499K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$479K |
| 5 |
SG Americas Securities
New York
|
-$445K |
MUJ Hedge Fund Activity: Q1 2016 in Review
30 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings New Jersey Quality Fund (MUJ) for Q1 2016, worth a combined $30.6M — down 1.1% from $30.9M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of MUJ and 4 opened new positions — a net loss of 5 holders — while 9 trimmed existing stakes and 7 added.
The largest buyer was UBS Group, adding an estimated $1.08M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $599K sold.
- 30 institutional investors held BlackRock MuniHoldings New Jersey Quality Fund (MUJ) as of Q1 2016, down from 35 in Q4 2015.
- Funds reported $30.6M of BlackRock MuniHoldings New Jersey Quality Fund stock for Q1 2016, down 1.1% quarter-over-quarter.
- 4 funds opened new BlackRock MuniHoldings New Jersey Quality Fund positions in Q1 2016 and 9 closed out, a net change of -5 holders.
- The largest BlackRock MuniHoldings New Jersey Quality Fund buyer in Q1 2016 was UBS Group, an estimated $1.08M added.
- The largest BlackRock MuniHoldings New Jersey Quality Fund seller in Q1 2016 was Laurion Capital Management, an estimated $599K sold.
Based on aggregated 13F filings for Q1 2016.