BlackRock MuniHoldings New Jersey Quality Fund
MUJ
31 hedge funds and large institutions have $52.3M invested in BlackRock MuniHoldings New Jersey Quality Fund in 2020 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 6 reducing their positions, and 8 closing their positions.
117% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 6
0.01% less ownership
Funds ownership: 13.15% → 13.14% (-0.01%)
8% less capital invested
Capital invested by funds: $56.9M → $52.3M (-$4.62M)
16% less funds holding
Funds holding: 37 → 31 (-6)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$4.8M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$1.95M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$881K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$851K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$465K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
-$3.54M |
| 2 |
SCM
Saba Capital Management
New York
|
-$1.52M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.08M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$972K |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$818K |
MUJ Hedge Fund Activity: Q1 2020 in Review
31 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings New Jersey Quality Fund (MUJ) for Q1 2020, worth a combined $52.3M — down 8.1% from $56.9M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of MUJ and 4 opened new positions — a net loss of 4 holders — while 6 trimmed existing stakes and 13 added.
The largest buyer was Mackay Shields LLC, adding an estimated $4.8M. The largest seller was Matisse Capital, exiting entirely with an estimated $3.54M sold.
- 31 institutional investors held BlackRock MuniHoldings New Jersey Quality Fund (MUJ) as of Q1 2020, down from 37 in Q4 2019.
- Funds reported $52.3M of BlackRock MuniHoldings New Jersey Quality Fund stock for Q1 2020, down 8.1% quarter-over-quarter.
- 4 funds opened new BlackRock MuniHoldings New Jersey Quality Fund positions in Q1 2020 and 8 closed out, a net change of -4 holders.
- The largest BlackRock MuniHoldings New Jersey Quality Fund buyer in Q1 2020 was Mackay Shields LLC, an estimated $4.8M added.
- The largest BlackRock MuniHoldings New Jersey Quality Fund seller in Q1 2020 was Matisse Capital, an estimated $3.54M sold.
Based on aggregated 13F filings for Q1 2020.