BlackRock MuniHoldings New Jersey Quality Fund
MUJ
34 hedge funds and large institutions have $29.3M invested in BlackRock MuniHoldings New Jersey Quality Fund in 2017 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 10 closing their positions.
0.89% less ownership
Funds ownership: 7.73% → 6.84% (-0.89%)
10% less capital invested
Capital invested by funds: $32.4M → $29.3M (-$3.11M)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
21% less funds holding
Funds holding: 43 → 34 (-9)
80% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$756K |
| 2 |
PCM
Pointe Capital Management
Grosse Pointe Farms,
Michigan
|
+$156K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$93.3K |
| 4 |
PGFC
Peapack-Gladstone Financial Corp
Bedminster,
New Jersey
|
+$78.9K |
| 5 |
LPL Financial
San Diego,
California
|
+$25.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.05M |
| 2 |
LCM
Laurion Capital Management
New York
|
-$567K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$492K |
| 4 |
EWM
Edge Wealth Management
New York
|
-$352K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$274K |
MUJ Hedge Fund Activity: Q1 2017 in Review
34 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings New Jersey Quality Fund (MUJ) for Q1 2017, worth a combined $29.3M — down 9.6% from $32.4M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of MUJ and 2 opened new positions — a net loss of 8 holders — while 11 trimmed existing stakes and 9 added.
The largest buyer was UBS Group, adding an estimated $756K. The largest seller was Advisors Asset Management, cutting an estimated $1.05M.
- 34 institutional investors held BlackRock MuniHoldings New Jersey Quality Fund (MUJ) as of Q1 2017, down from 43 in Q4 2016.
- Funds reported $29.3M of BlackRock MuniHoldings New Jersey Quality Fund stock for Q1 2017, down 9.6% quarter-over-quarter.
- 2 funds opened new BlackRock MuniHoldings New Jersey Quality Fund positions in Q1 2017 and 10 closed out, a net change of -8 holders.
- The largest BlackRock MuniHoldings New Jersey Quality Fund buyer in Q1 2017 was UBS Group, an estimated $756K added.
- The largest BlackRock MuniHoldings New Jersey Quality Fund seller in Q1 2017 was Advisors Asset Management, an estimated $1.05M sold.
Based on aggregated 13F filings for Q1 2017.