BlackRock MuniHoldings New Jersey Quality Fund
MUJ
37 hedge funds and large institutions have $31.3M invested in BlackRock MuniHoldings New Jersey Quality Fund in 2018 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 6 reducing their positions, and 7 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 6
0.01% more ownership
Funds ownership: 7.75% → 7.76% (+0.01%)
7% less capital invested
Capital invested by funds: $33.8M → $31.3M (-$2.46M)
8% less funds holding
Funds holding: 40 → 37 (-3)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$2.33M |
| 2 |
EWM
Edge Wealth Management
New York
|
+$447K |
| 3 |
Morgan Stanley
New York
|
+$402K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$402K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$344K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$3.5M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$526K |
| 3 |
SLA
Silver Lake Advisory
Cottonwood Heights,
Utah
|
-$326K |
| 4 |
TU
TDAM USA
Toronto,
Ontario, Canada
|
-$211K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$168K |
MUJ Hedge Fund Activity: Q1 2018 in Review
37 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings New Jersey Quality Fund (MUJ) for Q1 2018, worth a combined $31.3M — down 7.3% from $33.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of MUJ and 4 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 15 added.
The largest buyer was Curi RMB Capital, adding an estimated $2.33M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $3.5M sold.
- 37 institutional investors held BlackRock MuniHoldings New Jersey Quality Fund (MUJ) as of Q1 2018, down from 40 in Q4 2017.
- Funds reported $31.3M of BlackRock MuniHoldings New Jersey Quality Fund stock for Q1 2018, down 7.3% quarter-over-quarter.
- 4 funds opened new BlackRock MuniHoldings New Jersey Quality Fund positions in Q1 2018 and 7 closed out, a net change of -3 holders.
- The largest BlackRock MuniHoldings New Jersey Quality Fund buyer in Q1 2018 was Curi RMB Capital, an estimated $2.33M added.
- The largest BlackRock MuniHoldings New Jersey Quality Fund seller in Q1 2018 was Laurion Capital Management, an estimated $3.5M sold.
Based on aggregated 13F filings for Q1 2018.