Blackrock Muni Yield New Jersey Fund, Inc.
MYJ
MYJ was delisted on the 8th of April, 2022.
25 hedge funds and large institutions have $15.3M invested in Blackrock Muni Yield New Jersey Fund, Inc. in 2016 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 8 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
14% more funds holding
Funds holding: 22 → 25 (+3)
7% less capital invested
Capital invested by funds: $16.3M → $15.3M (-$1.09M)
25% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$420K |
| 2 |
Morgan Stanley
New York
|
+$383K |
| 3 |
SG Americas Securities
New York
|
+$229K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$184K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$57K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$293K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$259K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$162K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$38.8K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$12.6K |
MYJ Hedge Fund Activity: Q4 2016 in Review
25 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Blackrock Muni Yield New Jersey Fund, Inc. (MYJ) for Q4 2016, worth a combined $15.3M — down 6.7% from $16.3M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new MYJ positions and 1 closed out — a net gain of 3 holders — while 6 added to existing stakes and 8 trimmed.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $420K. The largest seller was PNC Financial Services Group, cutting an estimated $293K.
- 25 institutional investors held Blackrock Muni Yield New Jersey Fund, Inc. (MYJ) as of Q4 2016, up from 22 in Q3 2016.
- Funds reported $15.3M of Blackrock Muni Yield New Jersey Fund, Inc. stock for Q4 2016, down 6.7% quarter-over-quarter.
- 4 funds opened new Blackrock Muni Yield New Jersey Fund, Inc. positions in Q4 2016 and 1 closed out, a net change of +3 holders.
- The largest Blackrock Muni Yield New Jersey Fund, Inc. buyer in Q4 2016 was Laurion Capital Management, an estimated $420K added.
- The largest Blackrock Muni Yield New Jersey Fund, Inc. seller in Q4 2016 was PNC Financial Services Group, an estimated $293K sold.
Based on aggregated 13F filings for Q4 2016.