BlackRock MuniHoldings New Jersey Quality Fund
MUJ
61 hedge funds and large institutions have $85.3M invested in BlackRock MuniHoldings New Jersey Quality Fund in 2024 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 22 increasing their positions, 15 reducing their positions, and 14 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 15
1% less capital invested
Capital invested by funds: $85.8M → $85.3M (-$551K)
0.95% less ownership
Funds ownership: 14.16% → 13.21% (-0.95%)
9% less funds holding
Funds holding: 67 → 61 (-6)
43% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SA
Strategic Advisors
New York
|
+$2.12M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$869K |
| 3 |
Morgan Stanley
New York
|
+$560K |
| 4 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
+$497K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$355K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$4.7M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
-$2.67M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$1.1M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$693K |
| 5 |
TIAA Trust, National Association
Charlotte,
North Carolina
|
-$439K |
MUJ Hedge Fund Activity: Q3 2024 in Review
61 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings New Jersey Quality Fund (MUJ) for Q3 2024, worth a combined $85.3M — down 0.64% from $85.8M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of MUJ and 8 opened new positions — a net loss of 6 holders — while 15 trimmed existing stakes and 22 added.
The largest buyer was Strategic Advisors, opening a new position worth an estimated $2.12M. The largest seller was Saba Capital Management, cutting an estimated $4.7M.
- 61 institutional investors held BlackRock MuniHoldings New Jersey Quality Fund (MUJ) as of Q3 2024, down from 67 in Q2 2024.
- Funds reported $85.3M of BlackRock MuniHoldings New Jersey Quality Fund stock for Q3 2024, down 0.64% quarter-over-quarter.
- 8 funds opened new BlackRock MuniHoldings New Jersey Quality Fund positions in Q3 2024 and 14 closed out, a net change of -6 holders.
- The largest BlackRock MuniHoldings New Jersey Quality Fund buyer in Q3 2024 was Strategic Advisors, an estimated $2.12M added.
- The largest BlackRock MuniHoldings New Jersey Quality Fund seller in Q3 2024 was Saba Capital Management, an estimated $4.7M sold.
Based on aggregated 13F filings for Q3 2024.