BlackRock MuniHoldings New Jersey Quality Fund
MUJ
32 hedge funds and large institutions have $28.7M invested in BlackRock MuniHoldings New Jersey Quality Fund in 2017 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 6 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
0.86% less ownership
Funds ownership: 7.38% → 6.52% (-0.86%)
14% less funds holding
Funds holding: 37 → 32 (-5)
81% less capital inflows, than outflows
Capital inflows: $890K | Capital outflows: $4.68M
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIAS
Beacon Investment Advisory Services
Morristown,
New Jersey
|
+$219K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$218K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$217K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$64.5K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$45.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$3.29M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$434K |
| 3 |
TU
TDAM USA
Toronto,
Ontario, Canada
|
-$228K |
| 4 |
PCM
Pointe Capital Management
Grosse Pointe Farms,
Michigan
|
-$159K |
| 5 |
SG Americas Securities
New York
|
-$157K |
MUJ Hedge Fund Activity: Q3 2017 in Review
32 of the 4,023 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings New Jersey Quality Fund (MUJ) for Q3 2017, worth a combined $28.7M — down 11% from $32.1M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of MUJ and 1 opened new positions — a net loss of 5 holders — while 7 trimmed existing stakes and 10 added.
The largest buyer was Beacon Investment Advisory Services, opening a new position worth an estimated $219K. The largest seller was Laurion Capital Management, cutting an estimated $3.29M.
- 32 institutional investors held BlackRock MuniHoldings New Jersey Quality Fund (MUJ) as of Q3 2017, down from 37 in Q2 2017.
- Funds reported $28.7M of BlackRock MuniHoldings New Jersey Quality Fund stock for Q3 2017, down 11% quarter-over-quarter.
- 1 fund opened new BlackRock MuniHoldings New Jersey Quality Fund positions in Q3 2017 and 6 closed out, a net change of -5 holders.
- The largest BlackRock MuniHoldings New Jersey Quality Fund buyer in Q3 2017 was Beacon Investment Advisory Services, an estimated $219K added.
- The largest BlackRock MuniHoldings New Jersey Quality Fund seller in Q3 2017 was Laurion Capital Management, an estimated $3.29M sold.
Based on aggregated 13F filings for Q3 2017.