BlackRock MuniHoldings New Jersey Quality Fund
MUJ
33 hedge funds and large institutions have $48.9M invested in BlackRock MuniHoldings New Jersey Quality Fund in 2021 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 6 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
1.54% less ownership
Funds ownership: 12.46% → 10.92% (-1.5%)
6% less funds holding
Funds holding: 35 → 33 (-2)
10% less capital invested
Capital invested by funds: $54.3M → $48.9M (-$5.41M)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$864K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$328K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$180K |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$148K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$125K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.86M |
| 2 |
Rockefeller Capital Management
New York
|
-$2.08M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.44M |
| 4 |
LWM
Laidlaw Wealth Management
New York City,
New York
|
-$845K |
| 5 |
TCA
Transcend Capital Advisors
Madison,
New Jersey
|
-$391K |
MUJ Hedge Fund Activity: Q1 2021 in Review
33 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings New Jersey Quality Fund (MUJ) for Q1 2021, worth a combined $48.9M — down 10% from $54.3M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of MUJ and 4 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 9 added.
The largest buyer was Bank of America, adding an estimated $864K. The largest seller was Sit Investment Associates, cutting an estimated $2.86M.
- 33 institutional investors held BlackRock MuniHoldings New Jersey Quality Fund (MUJ) as of Q1 2021, down from 35 in Q4 2020.
- Funds reported $48.9M of BlackRock MuniHoldings New Jersey Quality Fund stock for Q1 2021, down 10% quarter-over-quarter.
- 4 funds opened new BlackRock MuniHoldings New Jersey Quality Fund positions in Q1 2021 and 6 closed out, a net change of -2 holders.
- The largest BlackRock MuniHoldings New Jersey Quality Fund buyer in Q1 2021 was Bank of America, an estimated $864K added.
- The largest BlackRock MuniHoldings New Jersey Quality Fund seller in Q1 2021 was Sit Investment Associates, an estimated $2.86M sold.
Based on aggregated 13F filings for Q1 2021.