BlackRock MuniHoldings New Jersey Quality Fund
MUJ
70 hedge funds and large institutions have $93.4M invested in BlackRock MuniHoldings New Jersey Quality Fund in 2023 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 18 increasing their positions, 23 reducing their positions, and 10 closing their positions.
208% more capital inflows, than outflows
Capital inflows: $20.7M | Capital outflows: $6.73M
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
8% more funds holding
Funds holding: 65 → 70 (+5)
4.35% more ownership
Funds ownership: 22.83% → 27.18% (+4.3%)
22% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$9.74M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.22M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.91M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$690K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$680K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$2.92M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$875K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$389K |
| 4 |
OC
Oppenheimer & Co
New York
|
-$334K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$312K |
MUJ Hedge Fund Activity: Q4 2023 in Review
70 of the 6,873 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings New Jersey Quality Fund (MUJ) for Q4 2023, worth a combined $93.4M — up 35% from $69.3M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new MUJ positions and 10 closed out — a net gain of 5 holders — while 18 added to existing stakes and 23 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $9.74M. The largest seller was Fiera Capital (Canada), cutting an estimated $2.92M.
- 70 institutional investors held BlackRock MuniHoldings New Jersey Quality Fund (MUJ) as of Q4 2023, up from 65 in Q3 2023.
- Funds reported $93.4M of BlackRock MuniHoldings New Jersey Quality Fund stock for Q4 2023, up 35% quarter-over-quarter.
- 15 funds opened new BlackRock MuniHoldings New Jersey Quality Fund positions in Q4 2023 and 10 closed out, a net change of +5 holders.
- The largest BlackRock MuniHoldings New Jersey Quality Fund buyer in Q4 2023 was Saba Capital Management, an estimated $9.74M added.
- The largest BlackRock MuniHoldings New Jersey Quality Fund seller in Q4 2023 was Fiera Capital (Canada), an estimated $2.92M sold.
Based on aggregated 13F filings for Q4 2023.