Blackrock Muni Yield New Jersey Fund, Inc.
MYJ
MYJ was delisted on the 8th of April, 2022.
30 hedge funds and large institutions have $34.5M invested in Blackrock Muni Yield New Jersey Fund, Inc. in 2019 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 13 increasing their positions, 9 reducing their positions, and 7 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 9
9% less capital invested
Capital invested by funds: $38.1M → $34.5M (-$3.58M)
14% less funds holding
Funds holding: 35 → 30 (-5)
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$4.41M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$689K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$475K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$124K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$111K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$3.06M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$2.92M |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
-$2.32M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.32M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$1.03M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
26
Advisor Group
Phoenix,
Arizona
| $56K | – | – | – |
|
|
LHC
27
Little House Capital
Braintree,
Massachusetts
| $29K | +$28K | +2,037 | New |
|
28
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $17K | – | – | – |
|
|
PGWM
29
Parisi Gray Wealth Management
Mendham,
New Jersey
| $14K | – | – | – |
|
|
FIA
30
FNY Investment Advisers
New York
| $2K | +$1.95K | +142 | New |
|
|
SCM
31
Saba Capital Management
New York
| – | -$3.06M | -236,586 | Closed |
|
|
WAM
32
Wolverine Asset Management
Chicago,
Illinois
| – | -$2.92M | -225,811 | Closed |
|
|
MC
33
Matisse Capital
Portland,
Oregon
| – | -$2.32M | -179,100 | Closed |
|
|
CRC
34
Curi RMB Capital
Chicago,
Illinois
| – | -$1.32M | -101,857 | Closed |
|
35
Millennium Management
New York
| – | -$314K | -24,249 | Closed |
|
|
PAG
36
Private Advisor Group
Morristown,
New Jersey
| – | -$236K | -18,245 | Closed |
|
|
BRC
37
Bell Rock Capital
Rehoboth Beach,
Delaware
| – | -$11K | -904 | Closed |
|
MYJ Hedge Fund Activity: Q1 2019 in Review
30 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Blackrock Muni Yield New Jersey Fund, Inc. (MYJ) for Q1 2019, worth a combined $34.5M — down 9.4% from $38.1M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of MYJ and 2 opened new positions — a net loss of 5 holders — while 9 trimmed existing stakes and 13 added.
The largest buyer was Sit Investment Associates, adding an estimated $4.41M. The largest seller was Saba Capital Management, exiting entirely with an estimated $3.06M sold.
- 30 institutional investors held Blackrock Muni Yield New Jersey Fund, Inc. (MYJ) as of Q1 2019, down from 35 in Q4 2018.
- Funds reported $34.5M of Blackrock Muni Yield New Jersey Fund, Inc. stock for Q1 2019, down 9.4% quarter-over-quarter.
- 2 funds opened new Blackrock Muni Yield New Jersey Fund, Inc. positions in Q1 2019 and 7 closed out, a net change of -5 holders.
- The largest Blackrock Muni Yield New Jersey Fund, Inc. buyer in Q1 2019 was Sit Investment Associates, an estimated $4.41M added.
- The largest Blackrock Muni Yield New Jersey Fund, Inc. seller in Q1 2019 was Saba Capital Management, an estimated $3.06M sold.
Based on aggregated 13F filings for Q1 2019.