BlackRock MuniHoldings New Jersey Quality Fund
MUJ
43 hedge funds and large institutions have $33.1M invested in BlackRock MuniHoldings New Jersey Quality Fund in 2018 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 10 reducing their positions, and 1 closing their positions.
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
16% more funds holding
Funds holding: 37 → 43 (+6)
10% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 10
6% more capital invested
Capital invested by funds: $31.3M → $33.1M (+$1.78M)
0.56% more ownership
Funds ownership: 7.76% → 8.32% (+0.56%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$2.25M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$592K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$298K |
| 4 |
SLA
Silver Lake Advisory
Cottonwood Heights,
Utah
|
+$291K |
| 5 |
SG Americas Securities
New York
|
+$242K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$684K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$587K |
| 3 |
EWM
Edge Wealth Management
New York
|
-$256K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$195K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$142K |
MUJ Hedge Fund Activity: Q2 2018 in Review
43 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings New Jersey Quality Fund (MUJ) for Q2 2018, worth a combined $33.1M — up 5.7% from $31.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new MUJ positions and 1 closed out — a net gain of 6 holders — while 11 added to existing stakes and 10 trimmed.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $2.25M. The largest seller was Advisors Asset Management, cutting an estimated $684K.
- 43 institutional investors held BlackRock MuniHoldings New Jersey Quality Fund (MUJ) as of Q2 2018, up from 37 in Q1 2018.
- Funds reported $33.1M of BlackRock MuniHoldings New Jersey Quality Fund stock for Q2 2018, up 5.7% quarter-over-quarter.
- 7 funds opened new BlackRock MuniHoldings New Jersey Quality Fund positions in Q2 2018 and 1 closed out, a net change of +6 holders.
- The largest BlackRock MuniHoldings New Jersey Quality Fund buyer in Q2 2018 was Laurion Capital Management, an estimated $2.25M added.
- The largest BlackRock MuniHoldings New Jersey Quality Fund seller in Q2 2018 was Advisors Asset Management, an estimated $684K sold.
Based on aggregated 13F filings for Q2 2018.