BlackRock MuniHoldings New Jersey Quality Fund
MUJ
41 hedge funds and large institutions have $32.9M invested in BlackRock MuniHoldings New Jersey Quality Fund in 2018 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 9 reducing their positions, and 7 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 9
0.37% more ownership
Funds ownership: 8.32% → 8.68% (+0.37%)
1% less capital invested
Capital invested by funds: $33.1M → $32.9M (-$230K)
5% less funds holding
Funds holding: 43 → 41 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.43M |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
+$912K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$832K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$660K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$604K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$2.24M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$509K |
| 3 |
EWM
Edge Wealth Management
New York
|
-$474K |
| 4 |
RC
RegentAtlantic Capital
Morristown,
New Jersey
|
-$329K |
| 5 |
Morgan Stanley
New York
|
-$329K |
MUJ Hedge Fund Activity: Q3 2018 in Review
41 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings New Jersey Quality Fund (MUJ) for Q3 2018, worth a combined $32.9M — down 0.7% from $33.1M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of MUJ and 5 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 15 added.
The largest buyer was Wolverine Asset Management, adding an estimated $1.43M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $2.24M sold.
- 41 institutional investors held BlackRock MuniHoldings New Jersey Quality Fund (MUJ) as of Q3 2018, down from 43 in Q2 2018.
- Funds reported $32.9M of BlackRock MuniHoldings New Jersey Quality Fund stock for Q3 2018, down 0.7% quarter-over-quarter.
- 5 funds opened new BlackRock MuniHoldings New Jersey Quality Fund positions in Q3 2018 and 7 closed out, a net change of -2 holders.
- The largest BlackRock MuniHoldings New Jersey Quality Fund buyer in Q3 2018 was Wolverine Asset Management, an estimated $1.43M added.
- The largest BlackRock MuniHoldings New Jersey Quality Fund seller in Q3 2018 was Laurion Capital Management, an estimated $2.24M sold.
Based on aggregated 13F filings for Q3 2018.