BlackRock MuniHoldings New Jersey Quality Fund
MUJ
65 hedge funds and large institutions have $69.3M invested in BlackRock MuniHoldings New Jersey Quality Fund in 2023 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 25 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
3% more funds holding
Funds holding: 63 → 65 (+2)
2.31% more ownership
Funds ownership: 20.53% → 22.83% (+2.3%)
0% more capital invested
Capital invested by funds: $69.1M → $69.3M (+$243K)
32% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$4.8M |
| 2 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
+$1.84M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$1.5M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$549K |
| 5 |
BCG
Breakwater Capital Group
Paramus,
New Jersey
|
+$255K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$992K |
| 2 |
Morgan Stanley
New York
|
-$293K |
| 3 |
Walleye Capital
New York
|
-$264K |
| 4 |
GFA
Gallagher Fiduciary Advisors
Rolling Meadows,
Illinois
|
-$249K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$183K |
MUJ Hedge Fund Activity: Q3 2023 in Review
65 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings New Jersey Quality Fund (MUJ) for Q3 2023, worth a combined $69.3M — up 0.35% from $69.1M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new MUJ positions and 5 closed out — a net gain of 2 holders — while 17 added to existing stakes and 25 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $4.8M. The largest seller was Bank of America, cutting an estimated $992K.
- 65 institutional investors held BlackRock MuniHoldings New Jersey Quality Fund (MUJ) as of Q3 2023, up from 63 in Q2 2023.
- Funds reported $69.3M of BlackRock MuniHoldings New Jersey Quality Fund stock for Q3 2023, up 0.35% quarter-over-quarter.
- 7 funds opened new BlackRock MuniHoldings New Jersey Quality Fund positions in Q3 2023 and 5 closed out, a net change of +2 holders.
- The largest BlackRock MuniHoldings New Jersey Quality Fund buyer in Q3 2023 was Saba Capital Management, an estimated $4.8M added.
- The largest BlackRock MuniHoldings New Jersey Quality Fund seller in Q3 2023 was Bank of America, an estimated $992K sold.
Based on aggregated 13F filings for Q3 2023.