BlackRock MuniHoldings New Jersey Quality Fund
MUJ
67 hedge funds and large institutions have $85.8M invested in BlackRock MuniHoldings New Jersey Quality Fund in 2024 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 21 increasing their positions, 22 reducing their positions, and 7 closing their positions.
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
5% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 22
3% less funds holding
Funds holding: 69 → 67 (-2)
7% less capital invested
Capital invested by funds: $92.8M → $85.8M (-$6.93M)
12.4% less ownership
Funds ownership: 26.56% → 14.16% (-12%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$1.32M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$685K |
| 3 |
TIAA Trust, National Association
Charlotte,
North Carolina
|
+$434K |
| 4 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$226K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$217K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$3.4M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$1.57M |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
-$1.23M |
| 4 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$773K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$390K |
MUJ Hedge Fund Activity: Q2 2024 in Review
67 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings New Jersey Quality Fund (MUJ) for Q2 2024, worth a combined $85.8M — down 7.5% from $92.8M a quarter earlier.
Fund positioning in MUJ was balanced in Q2 2024: 7 funds opened new positions, 7 closed out, 21 added to existing stakes and 22 trimmed.
The largest buyer was Mackay Shields LLC, adding an estimated $1.32M. The largest seller was Saba Capital Management, cutting an estimated $3.4M.
- 67 institutional investors held BlackRock MuniHoldings New Jersey Quality Fund (MUJ) as of Q2 2024, down from 69 in Q1 2024.
- Funds reported $85.8M of BlackRock MuniHoldings New Jersey Quality Fund stock for Q2 2024, down 7.5% quarter-over-quarter.
- 7 funds opened new BlackRock MuniHoldings New Jersey Quality Fund positions in Q2 2024 and 7 closed out, a net change of 0 holders.
- The largest BlackRock MuniHoldings New Jersey Quality Fund buyer in Q2 2024 was Mackay Shields LLC, an estimated $1.32M added.
- The largest BlackRock MuniHoldings New Jersey Quality Fund seller in Q2 2024 was Saba Capital Management, an estimated $3.4M sold.
Based on aggregated 13F filings for Q2 2024.