BlackRock MuniHoldings New Jersey Quality Fund
MUJ
43 hedge funds and large institutions have $32.4M invested in BlackRock MuniHoldings New Jersey Quality Fund in 2016 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 12 increasing their positions, 5 reducing their positions, and 4 closing their positions.
200% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 4
140% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 5
19% more funds holding
Funds holding: 36 → 43 (+7)
0.33% more ownership
Funds ownership: 7.4% → 7.73% (+0.33%)
7% less capital invested
Capital invested by funds: $34.9M → $32.4M (-$2.51M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$1.19M |
| 2 |
EWM
Edge Wealth Management
New York
|
+$958K |
| 3 |
Morgan Stanley
New York
|
+$556K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$380K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$284K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$2.39M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$348K |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$288K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$243K |
| 5 |
HCM
Hollencrest Capital Management
Newport Beach,
California
|
-$217K |
MUJ Hedge Fund Activity: Q4 2016 in Review
43 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings New Jersey Quality Fund (MUJ) for Q4 2016, worth a combined $32.4M — down 7.2% from $34.9M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new MUJ positions and 4 closed out — a net gain of 8 holders — while 12 added to existing stakes and 5 trimmed.
The largest buyer was Mackay Shields LLC, adding an estimated $1.19M. The largest seller was Laurion Capital Management, cutting an estimated $2.39M.
- 43 institutional investors held BlackRock MuniHoldings New Jersey Quality Fund (MUJ) as of Q4 2016, up from 36 in Q3 2016.
- Funds reported $32.4M of BlackRock MuniHoldings New Jersey Quality Fund stock for Q4 2016, down 7.2% quarter-over-quarter.
- 12 funds opened new BlackRock MuniHoldings New Jersey Quality Fund positions in Q4 2016 and 4 closed out, a net change of +8 holders.
- The largest BlackRock MuniHoldings New Jersey Quality Fund buyer in Q4 2016 was Mackay Shields LLC, an estimated $1.19M added.
- The largest BlackRock MuniHoldings New Jersey Quality Fund seller in Q4 2016 was Laurion Capital Management, an estimated $2.39M sold.
Based on aggregated 13F filings for Q4 2016.