BlackRock MuniHoldings New Jersey Quality Fund
MUJ
69 hedge funds and large institutions have $92.8M invested in BlackRock MuniHoldings New Jersey Quality Fund in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 19 increasing their positions, 22 reducing their positions, and 11 closing their positions.
0.62% less ownership
Funds ownership: 27.18% → 26.56% (-0.62%)
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
1% less funds holding
Funds holding: 70 → 69 (-1)
14% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 22
19% less capital inflows, than outflows
Capital inflows: $9.05M | Capital outflows: $11.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
+$2.63M |
| 2 |
MSL
Mackay Shields LLC
New York
|
+$1.19M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$936K |
| 4 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$800K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$666K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$3.45M |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$3.44M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$1.35M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$575K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$442K |
MUJ Hedge Fund Activity: Q1 2024 in Review
69 of the 6,963 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings New Jersey Quality Fund (MUJ) for Q1 2024, worth a combined $92.8M — down 0.67% from $93.4M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of MUJ and 10 opened new positions — a net loss of 1 holder — while 22 trimmed existing stakes and 19 added.
The largest buyer was Penserra Capital Management, opening a new position worth an estimated $2.63M. The largest seller was Saba Capital Management, cutting an estimated $3.45M.
- 69 institutional investors held BlackRock MuniHoldings New Jersey Quality Fund (MUJ) as of Q1 2024, down from 70 in Q4 2023.
- Funds reported $92.8M of BlackRock MuniHoldings New Jersey Quality Fund stock for Q1 2024, down 0.67% quarter-over-quarter.
- 10 funds opened new BlackRock MuniHoldings New Jersey Quality Fund positions in Q1 2024 and 11 closed out, a net change of -1 holder.
- The largest BlackRock MuniHoldings New Jersey Quality Fund buyer in Q1 2024 was Penserra Capital Management, an estimated $2.63M added.
- The largest BlackRock MuniHoldings New Jersey Quality Fund seller in Q1 2024 was Saba Capital Management, an estimated $3.45M sold.
Based on aggregated 13F filings for Q1 2024.