Blackrock Muni Yield New Jersey Fund, Inc.
MYJ
MYJ was delisted on the 8th of April, 2022.
31 hedge funds and large institutions have $21.5M invested in Blackrock Muni Yield New Jersey Fund, Inc. in 2021 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 13 increasing their positions, 6 reducing their positions, and 4 closing their positions.
117% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 6
1% more capital invested
Capital invested by funds: $21.4M → $21.5M (+$156K)
3% less funds holding
Funds holding: 32 → 31 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$536K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$487K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$418K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$312K |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$46.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$477K |
| 2 |
DWM
Dakota Wealth Management
Palm Beach Gardens,
Florida
|
-$215K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$208K |
| 4 |
WS
Wedbush Securities
Los Angeles,
California
|
-$170K |
| 5 |
SAM
Secure Asset Management
Troy,
Michigan
|
-$87.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SPIA
26
Steward Partners Investment Advisory
New York
| $60K | – | – | – |
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $47K | +$25.1K | +1,590 | +110% |
|
|
IWA
28
IBEX Wealth Advisors
Bedminster,
New Jersey
| $32K | +$32.3K | +2,049 | New |
|
|
GI
29
Gradient Investments
Arden Hills,
Minnesota
| $13K | – | – | – |
|
30
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $4K | – | – | – |
|
|
KIM
31
Karpus Investment Management
Pittsford,
New York
| – | -$477K | -30,024 | Closed |
|
|
DWM
32
Dakota Wealth Management
Palm Beach Gardens,
Florida
| – | -$215K | -13,500 | Closed |
|
|
WS
33
Wedbush Securities
Los Angeles,
California
| – | -$170K | -10,724 | Closed |
|
34
Citigroup
New York
| – | -$55K | -3,450 | Closed |
|
35
Fidelity Investments
Boston,
Massachusetts
| – | +$16 | +1 | New |
|
MYJ Hedge Fund Activity: Q3 2021 in Review
31 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Blackrock Muni Yield New Jersey Fund, Inc. (MYJ) for Q3 2021, worth a combined $21.5M — up 0.73% from $21.4M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of MYJ and 3 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 13 added.
The largest buyer was UBS Group, adding an estimated $536K. The largest seller was Karpus Investment Management, exiting entirely with an estimated $477K sold.
- 31 institutional investors held Blackrock Muni Yield New Jersey Fund, Inc. (MYJ) as of Q3 2021, down from 32 in Q2 2021.
- Funds reported $21.5M of Blackrock Muni Yield New Jersey Fund, Inc. stock for Q3 2021, up 0.73% quarter-over-quarter.
- 3 funds opened new Blackrock Muni Yield New Jersey Fund, Inc. positions in Q3 2021 and 4 closed out, a net change of -1 holder.
- The largest Blackrock Muni Yield New Jersey Fund, Inc. buyer in Q3 2021 was UBS Group, an estimated $536K added.
- The largest Blackrock Muni Yield New Jersey Fund, Inc. seller in Q3 2021 was Karpus Investment Management, an estimated $477K sold.
Based on aggregated 13F filings for Q3 2021.