BlackRock MuniHoldings New Jersey Quality Fund
MUJ
37 hedge funds and large institutions have $51.7M invested in BlackRock MuniHoldings New Jersey Quality Fund in 2019 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 12 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
33% more capital inflows, than outflows
Capital inflows: $6.45M | Capital outflows: $4.85M
6% more funds holding
Funds holding: 35 → 37 (+2)
0.38% more ownership
Funds ownership: 11.93% → 12.31% (+0.38%)
17% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.83M |
| 2 |
Sanders Morris Harris
Houston,
Texas
|
+$825K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$262K |
| 4 |
Sit Investment Associates
Minneapolis,
Minnesota
|
+$252K |
| 5 |
Advisory Services Network
Atlanta,
Georgia
|
+$55.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Asset Management
Chicago,
Illinois
|
-$1.31M |
| 2 |
Saba Capital Management
New York
|
-$1.28M |
| 3 |
Guggenheim Capital
Chicago,
Illinois
|
-$710K |
| 4 |
Landscape Capital Management
Englewood,
New Jersey
|
-$391K |
| 5 |
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$284K |
MUJ Hedge Fund Activity: Q2 2019 in Review
37 of the 4,626 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings New Jersey Quality Fund (MUJ) for Q2 2019, worth a combined $51.7M — up 5.2% from $49.2M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new MUJ positions and 2 closed out — a net gain of 2 holders — while 10 added to existing stakes and 12 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $4.83M. The largest seller was Wolverine Asset Management, cutting an estimated $1.31M.
- 37 institutional investors held BlackRock MuniHoldings New Jersey Quality Fund (MUJ) as of Q2 2019, up from 35 in Q1 2019.
- Funds reported $51.7M of BlackRock MuniHoldings New Jersey Quality Fund stock for Q2 2019, up 5.2% quarter-over-quarter.
- 4 funds opened new BlackRock MuniHoldings New Jersey Quality Fund positions in Q2 2019 and 2 closed out, a net change of +2 holders.
- The largest BlackRock MuniHoldings New Jersey Quality Fund buyer in Q2 2019 was Royal Bank of Canada, an estimated $4.83M added.
- The largest BlackRock MuniHoldings New Jersey Quality Fund seller in Q2 2019 was Wolverine Asset Management, an estimated $1.31M sold.
Based on aggregated 13F filings for Q2 2019.