BlackRock MuniHoldings New Jersey Quality Fund
MUJ
36 hedge funds and large institutions have $55.6M invested in BlackRock MuniHoldings New Jersey Quality Fund in 2020 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
16% more funds holding
Funds holding: 31 → 36 (+5)
6% more capital invested
Capital invested by funds: $52.3M → $55.6M (+$3.38M)
0.64% more ownership
Funds ownership: 13.14% → 13.78% (+0.64%)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$2.83M |
| 2 |
MSL
Mackay Shields LLC
New York
|
+$2.64M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.81M |
| 4 |
Rockefeller Capital Management
New York
|
+$1.73M |
| 5 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
+$774K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$4.44M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$2.24M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$1.81M |
| 4 |
ICM
Ionic Capital Management
New York
|
-$213K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$150K |
MUJ Hedge Fund Activity: Q2 2020 in Review
36 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings New Jersey Quality Fund (MUJ) for Q2 2020, worth a combined $55.6M — up 6.5% from $52.3M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new MUJ positions and 4 closed out — a net gain of 5 holders — while 9 added to existing stakes and 10 trimmed.
The largest buyer was Curi RMB Capital, opening a new position worth an estimated $2.83M. The largest seller was Saba Capital Management, cutting an estimated $4.44M.
- 36 institutional investors held BlackRock MuniHoldings New Jersey Quality Fund (MUJ) as of Q2 2020, up from 31 in Q1 2020.
- Funds reported $55.6M of BlackRock MuniHoldings New Jersey Quality Fund stock for Q2 2020, up 6.5% quarter-over-quarter.
- 9 funds opened new BlackRock MuniHoldings New Jersey Quality Fund positions in Q2 2020 and 4 closed out, a net change of +5 holders.
- The largest BlackRock MuniHoldings New Jersey Quality Fund buyer in Q2 2020 was Curi RMB Capital, an estimated $2.83M added.
- The largest BlackRock MuniHoldings New Jersey Quality Fund seller in Q2 2020 was Saba Capital Management, an estimated $4.44M sold.
Based on aggregated 13F filings for Q2 2020.