Blackrock Muni Yield New Jersey Fund, Inc.
MYJ
MYJ was delisted on the 8th of April, 2022.
27 hedge funds and large institutions have $16M invested in Blackrock Muni Yield New Jersey Fund, Inc. in 2018 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
17% more funds holding
Funds holding: 23 → 27 (+4)
7% more capital invested
Capital invested by funds: $15M → $16M (+$992K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.54M |
| 2 |
Morgan Stanley
New York
|
+$777K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$568K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$415K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$413K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$476K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$410K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$356K |
| 4 |
LCM
Laurion Capital Management
New York
|
-$330K |
| 5 |
CL
Choreo LLC
Rockford,
Illinois
|
-$304K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LCM
26
Laurion Capital Management
New York
| – | -$330K | -20,911 | Closed |
|
|
CL
27
Choreo LLC
Rockford,
Illinois
| – | -$304K | -19,247 | Closed |
|
28
SEI Investments
Oaks,
Pennsylvania
| – | +$178 | +12 | New |
|
MYJ Hedge Fund Activity: Q1 2018 in Review
27 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Blackrock Muni Yield New Jersey Fund, Inc. (MYJ) for Q1 2018, worth a combined $16M — up 6.6% from $15M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new MYJ positions and 2 closed out — a net gain of 5 holders — while 9 added to existing stakes and 5 trimmed.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $1.54M. The largest seller was Guggenheim Capital, cutting an estimated $476K.
- 27 institutional investors held Blackrock Muni Yield New Jersey Fund, Inc. (MYJ) as of Q1 2018, up from 23 in Q4 2017.
- Funds reported $16M of Blackrock Muni Yield New Jersey Fund, Inc. stock for Q1 2018, up 6.6% quarter-over-quarter.
- 7 funds opened new Blackrock Muni Yield New Jersey Fund, Inc. positions in Q1 2018 and 2 closed out, a net change of +5 holders.
- The largest Blackrock Muni Yield New Jersey Fund, Inc. buyer in Q1 2018 was Wolverine Asset Management, an estimated $1.54M added.
- The largest Blackrock Muni Yield New Jersey Fund, Inc. seller in Q1 2018 was Guggenheim Capital, an estimated $476K sold.
Based on aggregated 13F filings for Q1 2018.