BlackRock MuniHoldings New Jersey Quality Fund
MUJ
37 hedge funds and large institutions have $32.1M invested in BlackRock MuniHoldings New Jersey Quality Fund in 2017 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
9% more capital invested
Capital invested by funds: $29.3M → $32.1M (+$2.78M)
9% more funds holding
Funds holding: 34 → 37 (+3)
0.54% more ownership
Funds ownership: 6.84% → 7.38% (+0.54%)
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$4.02M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$541K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$193K |
| 4 |
SG Americas Securities
New York
|
+$157K |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$156K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
-$1.19M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$779K |
| 3 |
LPL Financial
San Diego,
California
|
-$391K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$258K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$56.3K |
MUJ Hedge Fund Activity: Q2 2017 in Review
37 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings New Jersey Quality Fund (MUJ) for Q2 2017, worth a combined $32.1M — up 9.5% from $29.3M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MUJ positions and 2 closed out — a net gain of 4 holders — while 8 added to existing stakes and 9 trimmed.
The largest buyer was Laurion Capital Management, adding an estimated $4.02M. The largest seller was Mackay Shields LLC, cutting an estimated $1.19M.
- 37 institutional investors held BlackRock MuniHoldings New Jersey Quality Fund (MUJ) as of Q2 2017, up from 34 in Q1 2017.
- Funds reported $32.1M of BlackRock MuniHoldings New Jersey Quality Fund stock for Q2 2017, up 9.5% quarter-over-quarter.
- 6 funds opened new BlackRock MuniHoldings New Jersey Quality Fund positions in Q2 2017 and 2 closed out, a net change of +4 holders.
- The largest BlackRock MuniHoldings New Jersey Quality Fund buyer in Q2 2017 was Laurion Capital Management, an estimated $4.02M added.
- The largest BlackRock MuniHoldings New Jersey Quality Fund seller in Q2 2017 was Mackay Shields LLC, an estimated $1.19M sold.
Based on aggregated 13F filings for Q2 2017.