Blackrock Muni Yield New Jersey Fund, Inc.
MYJ
MYJ was delisted on the 8th of April, 2022.
37 hedge funds and large institutions have $20.6M invested in Blackrock Muni Yield New Jersey Fund, Inc. in 2021 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 12 increasing their positions, 7 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
71% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 7
19% more funds holding
Funds holding: 31 → 37 (+6)
2% more capital invested
Capital invested by funds: $20.3M → $20.6M (+$325K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.06M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$916K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$548K |
| 4 |
OC
Oppenheimer & Co
New York
|
+$540K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$245K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.27M |
| 2 |
LWM
Laidlaw Wealth Management
New York City,
New York
|
-$875K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$786K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$725K |
| 5 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$522K |
MYJ Hedge Fund Activity: Q1 2021 in Review
37 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Blackrock Muni Yield New Jersey Fund, Inc. (MYJ) for Q1 2021, worth a combined $20.6M — up 1.6% from $20.3M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new MYJ positions and 4 closed out — a net gain of 6 holders — while 12 added to existing stakes and 7 trimmed.
The largest buyer was Bank of America, adding an estimated $1.06M. The largest seller was Curi RMB Capital, exiting entirely with an estimated $1.27M sold.
- 37 institutional investors held Blackrock Muni Yield New Jersey Fund, Inc. (MYJ) as of Q1 2021, up from 31 in Q4 2020.
- Funds reported $20.6M of Blackrock Muni Yield New Jersey Fund, Inc. stock for Q1 2021, up 1.6% quarter-over-quarter.
- 10 funds opened new Blackrock Muni Yield New Jersey Fund, Inc. positions in Q1 2021 and 4 closed out, a net change of +6 holders.
- The largest Blackrock Muni Yield New Jersey Fund, Inc. buyer in Q1 2021 was Bank of America, an estimated $1.06M added.
- The largest Blackrock Muni Yield New Jersey Fund, Inc. seller in Q1 2021 was Curi RMB Capital, an estimated $1.27M sold.
Based on aggregated 13F filings for Q1 2021.