BlackRock MuniHoldings New Jersey Quality Fund
MUJ
34 hedge funds and large institutions have $56.3M invested in BlackRock MuniHoldings New Jersey Quality Fund in 2019 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 13 reducing their positions, and 6 closing their positions.
9% more capital invested
Capital invested by funds: $51.7M → $56.3M (+$4.61M)
0.82% more ownership
Funds ownership: 12.31% → 13.13% (+0.82%)
8% less funds holding
Funds holding: 37 → 34 (-3)
38% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 13
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$5.58M |
| 2 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
+$1.17M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$580K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$379K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$238K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$673K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$591K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$443K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$436K |
| 5 |
SMH
Sanders Morris Harris
Houston,
Texas
|
-$436K |
MUJ Hedge Fund Activity: Q3 2019 in Review
34 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings New Jersey Quality Fund (MUJ) for Q3 2019, worth a combined $56.3M — up 8.9% from $51.7M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of MUJ and 3 opened new positions — a net loss of 3 holders — while 13 trimmed existing stakes and 8 added.
The largest buyer was Mackay Shields LLC, adding an estimated $5.58M. The largest seller was UBS Group, cutting an estimated $673K.
- 34 institutional investors held BlackRock MuniHoldings New Jersey Quality Fund (MUJ) as of Q3 2019, down from 37 in Q2 2019.
- Funds reported $56.3M of BlackRock MuniHoldings New Jersey Quality Fund stock for Q3 2019, up 8.9% quarter-over-quarter.
- 3 funds opened new BlackRock MuniHoldings New Jersey Quality Fund positions in Q3 2019 and 6 closed out, a net change of -3 holders.
- The largest BlackRock MuniHoldings New Jersey Quality Fund buyer in Q3 2019 was Mackay Shields LLC, an estimated $5.58M added.
- The largest BlackRock MuniHoldings New Jersey Quality Fund seller in Q3 2019 was UBS Group, an estimated $673K sold.
Based on aggregated 13F filings for Q3 2019.