Blackrock Muni Yield New Jersey Fund, Inc.
MYJ
MYJ was delisted on the 8th of April, 2022.
32 hedge funds and large institutions have $21.4M invested in Blackrock Muni Yield New Jersey Fund, Inc. in 2021 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 17 increasing their positions, 6 reducing their positions, and 6 closing their positions.
183% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 6
4% more capital invested
Capital invested by funds: $20.6M → $21.4M (+$750K)
14% less funds holding
Funds holding: 37 → 32 (-5)
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$299K |
| 2 |
PCA
Pallas Capital Advisors
Braintree,
Massachusetts
|
+$228K |
| 3 |
SAM
Secure Asset Management
Troy,
Michigan
|
+$224K |
| 4 |
Morgan Stanley
New York
|
+$207K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$153K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$917K |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
-$718K |
| 3 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$379K |
| 4 |
Goldman Sachs
New York
|
-$157K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$121K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
26
AlphaCentric Advisors
San Juan,
Puerto Rico
| $160K | +$84.6K | +5,449 | +119% |
|
27
Osaic Holdings
Scottsdale,
Arizona
| $81K | -$3.71K | -239 | -4% |
|
|
SPIA
28
Steward Partners Investment Advisory
New York
| $62K | – | – | – |
|
29
Citigroup
New York
| $55K | – | – | – |
|
30
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $23K | +$78 | +5 | +0.3% |
|
|
GI
31
Gradient Investments
Arden Hills,
Minnesota
| $13K | – | – | – |
|
32
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $4K | -$55K | -3,539 | -94% |
|
|
RCM
33
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$917K | -63,181 | Closed |
|
|
MC
34
Matisse Capital
Portland,
Oregon
| – | -$718K | -49,545 | Closed |
|
|
ACA
35
Ackerman Capital Advisors
Dallas,
Texas
| – | -$379K | -26,150 | Closed |
|
|
36
Goldman Sachs
New York
| – | -$157K | -10,819 | Closed |
|
|
IAIM
37
International Assets Investment Management
Orlando,
Florida
| – | -$55K | -3,822 | Closed |
|
38
Rockefeller Capital Management
New York
| – | -$43K | -3,024 | Closed |
|
MYJ Hedge Fund Activity: Q2 2021 in Review
32 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Blackrock Muni Yield New Jersey Fund, Inc. (MYJ) for Q2 2021, worth a combined $21.4M — up 3.6% from $20.6M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of MYJ and 1 opened new positions — a net loss of 5 holders — while 6 trimmed existing stakes and 17 added.
The largest buyer was Bank of America, adding an estimated $299K. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $917K sold.
- 32 institutional investors held Blackrock Muni Yield New Jersey Fund, Inc. (MYJ) as of Q2 2021, down from 37 in Q1 2021.
- Funds reported $21.4M of Blackrock Muni Yield New Jersey Fund, Inc. stock for Q2 2021, up 3.6% quarter-over-quarter.
- 1 fund opened new Blackrock Muni Yield New Jersey Fund, Inc. positions in Q2 2021 and 6 closed out, a net change of -5 holders.
- The largest Blackrock Muni Yield New Jersey Fund, Inc. buyer in Q2 2021 was Bank of America, an estimated $299K added.
- The largest Blackrock Muni Yield New Jersey Fund, Inc. seller in Q2 2021 was Rivernorth Capital Management, an estimated $917K sold.
Based on aggregated 13F filings for Q2 2021.