BlackRock MuniHoldings New Jersey Quality Fund
MUJ
38 hedge funds and large institutions have $40.3M invested in BlackRock MuniHoldings New Jersey Quality Fund in 2016 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 3 closing their positions.
267% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 3
192% more capital inflows, than outflows
Capital inflows: $11M | Capital outflows: $3.76M
27% more funds holding
Funds holding: 30 → 38 (+8)
1.52% more ownership
Funds ownership: 6.7% → 8.23% (+1.5%)
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$5.08M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$2.21M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$846K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$401K |
| 5 |
LAM
Lebenthal Asset Management
New York
|
+$393K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$2.02M |
| 2 |
Morgan Stanley
New York
|
-$804K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$347K |
| 4 |
AIG
American International Group
New York
|
-$203K |
| 5 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
-$151K |
MUJ Hedge Fund Activity: Q2 2016 in Review
38 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings New Jersey Quality Fund (MUJ) for Q2 2016, worth a combined $40.3M — up 32% from $30.6M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new MUJ positions and 3 closed out — a net gain of 8 holders — while 8 added to existing stakes and 8 trimmed.
The largest buyer was Mackay Shields LLC, opening a new position worth an estimated $5.08M. The largest seller was LPL Financial, cutting an estimated $2.02M.
- 38 institutional investors held BlackRock MuniHoldings New Jersey Quality Fund (MUJ) as of Q2 2016, up from 30 in Q1 2016.
- Funds reported $40.3M of BlackRock MuniHoldings New Jersey Quality Fund stock for Q2 2016, up 32% quarter-over-quarter.
- 11 funds opened new BlackRock MuniHoldings New Jersey Quality Fund positions in Q2 2016 and 3 closed out, a net change of +8 holders.
- The largest BlackRock MuniHoldings New Jersey Quality Fund buyer in Q2 2016 was Mackay Shields LLC, an estimated $5.08M added.
- The largest BlackRock MuniHoldings New Jersey Quality Fund seller in Q2 2016 was LPL Financial, an estimated $2.02M sold.
Based on aggregated 13F filings for Q2 2016.