Blackrock Muni Yield New Jersey Fund, Inc.
MYJ
MYJ was delisted on the 8th of April, 2022.
35 hedge funds and large institutions have $38.1M invested in Blackrock Muni Yield New Jersey Fund, Inc. in 2018 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 15 reducing their positions, and 8 closing their positions.
21% more capital invested
Capital invested by funds: $31.5M → $38.1M (+$6.55M)
5% less funds holding
Funds holding: 37 → 35 (-2)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
33% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$3.06M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.81M |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
+$1.2M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.13M |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$1.64M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.14M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
-$1.12M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$783K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$230K |
MYJ Hedge Fund Activity: Q4 2018 in Review
35 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Blackrock Muni Yield New Jersey Fund, Inc. (MYJ) for Q4 2018, worth a combined $38.1M — up 21% from $31.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of MYJ and 6 opened new positions — a net loss of 2 holders — while 15 trimmed existing stakes and 10 added.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $3.06M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $1.64M sold.
- 35 institutional investors held Blackrock Muni Yield New Jersey Fund, Inc. (MYJ) as of Q4 2018, down from 37 in Q3 2018.
- Funds reported $38.1M of Blackrock Muni Yield New Jersey Fund, Inc. stock for Q4 2018, up 21% quarter-over-quarter.
- 6 funds opened new Blackrock Muni Yield New Jersey Fund, Inc. positions in Q4 2018 and 8 closed out, a net change of -2 holders.
- The largest Blackrock Muni Yield New Jersey Fund, Inc. buyer in Q4 2018 was Saba Capital Management, an estimated $3.06M added.
- The largest Blackrock Muni Yield New Jersey Fund, Inc. seller in Q4 2018 was Laurion Capital Management, an estimated $1.64M sold.
Based on aggregated 13F filings for Q4 2018.