BlackRock MuniHoldings New Jersey Quality Fund
MUJ
37 hedge funds and large institutions have $52.5M invested in BlackRock MuniHoldings New Jersey Quality Fund in 2020 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 7 closing their positions.
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
3% more funds holding
Funds holding: 36 → 37 (+1)
0.96% less ownership
Funds ownership: 13.78% → 12.82% (-0.96%)
9% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 11
6% less capital invested
Capital invested by funds: $55.6M → $52.5M (-$3.09M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$6.89M |
| 2 |
TCA
Transcend Capital Advisors
Madison,
New Jersey
|
+$395K |
| 3 |
SMH
Sanders Morris Harris
Houston,
Texas
|
+$360K |
| 4 |
RWB
RMR Wealth Builders
Montclair,
New Jersey
|
+$294K |
| 5 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$199K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$4.06M |
| 2 |
SCM
Saba Capital Management
New York
|
-$3.06M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$2.16M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.07M |
| 5 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$807K |
MUJ Hedge Fund Activity: Q3 2020 in Review
37 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings New Jersey Quality Fund (MUJ) for Q3 2020, worth a combined $52.5M — down 5.6% from $55.6M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new MUJ positions and 7 closed out — a net gain of 1 holder — while 10 added to existing stakes and 11 trimmed.
The largest buyer was Mackay Shields LLC, adding an estimated $6.89M. The largest seller was Sit Investment Associates, cutting an estimated $4.06M.
- 37 institutional investors held BlackRock MuniHoldings New Jersey Quality Fund (MUJ) as of Q3 2020, up from 36 in Q2 2020.
- Funds reported $52.5M of BlackRock MuniHoldings New Jersey Quality Fund stock for Q3 2020, down 5.6% quarter-over-quarter.
- 8 funds opened new BlackRock MuniHoldings New Jersey Quality Fund positions in Q3 2020 and 7 closed out, a net change of +1 holder.
- The largest BlackRock MuniHoldings New Jersey Quality Fund buyer in Q3 2020 was Mackay Shields LLC, an estimated $6.89M added.
- The largest BlackRock MuniHoldings New Jersey Quality Fund seller in Q3 2020 was Sit Investment Associates, an estimated $4.06M sold.
Based on aggregated 13F filings for Q3 2020.