BlackRock MuniHoldings New Jersey Quality Fund
MUJ
63 hedge funds and large institutions have $66.7M invested in BlackRock MuniHoldings New Jersey Quality Fund in 2023 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 26 increasing their positions, 13 reducing their positions, and 6 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 13
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
12% more capital invested
Capital invested by funds: $59.8M → $66.7M (+$6.95M)
3% more funds holding
Funds holding: 61 → 63 (+2)
1.33% more ownership
Funds ownership: 18.02% → 19.35% (+1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$1.53M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$1.25M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$830K |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$815K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$650K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$541K |
| 2 |
SM
SG3 Management
Dorado,
Puerto Rico
|
-$443K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$412K |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$334K |
| 5 |
VF
Virtu Financial
New York
|
-$303K |
MUJ Hedge Fund Activity: Q1 2023 in Review
63 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings New Jersey Quality Fund (MUJ) for Q1 2023, worth a combined $66.7M — up 12% from $59.8M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new MUJ positions and 6 closed out — a net gain of 5 holders — while 26 added to existing stakes and 13 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $1.53M. The largest seller was Weiss Asset Management, exiting entirely with an estimated $541K sold.
- 63 institutional investors held BlackRock MuniHoldings New Jersey Quality Fund (MUJ) as of Q1 2023, up from 61 in Q4 2022.
- Funds reported $66.7M of BlackRock MuniHoldings New Jersey Quality Fund stock for Q1 2023, up 12% quarter-over-quarter.
- 11 funds opened new BlackRock MuniHoldings New Jersey Quality Fund positions in Q1 2023 and 6 closed out, a net change of +5 holders.
- The largest BlackRock MuniHoldings New Jersey Quality Fund buyer in Q1 2023 was Saba Capital Management, an estimated $1.53M added.
- The largest BlackRock MuniHoldings New Jersey Quality Fund seller in Q1 2023 was Weiss Asset Management, an estimated $541K sold.
Based on aggregated 13F filings for Q1 2023.