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BlackRock Long-Term Municipal Advantage Trust

BTA
Exchange
NYSE
SEC CIK
0001343793

No open-market purchases or sales by BlackRock Long-Term Municipal Advantage Trust insiders were filed in the last 90 days; no institution reported holding it in 13F filings for Q2 2026; no superinvestor holds it.

13F holders, Q1 2025

Institutional positions in BlackRock Long-Term Municipal Advantage Trust as of Mar 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
41
−1 vs. Q4 2024
Shares held
3.03M
+381.8K (+14.4%) vs. Q4 2024
Total value
$28.2M
+$2.32M (+9.0%) vs. Q4 2024
New holders
6
12 more added
Sold out
7
7 more reduced

2 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2024: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting BTA on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ1 2025: 41 institutions
Q1 2021: 30 institutionsQ2 2021: 27 institutionsQ3 2021: 23 institutionsQ4 2021: 25 institutionsQ1 2022: 27 institutionsQ2 2022: 27 institutionsQ3 2022: 29 institutionsQ4 2022: 38 institutionsQ1 2023: 34 institutionsQ2 2023: 33 institutionsQ3 2023: 33 institutionsQ4 2023: 33 institutionsQ1 2024: 37 institutionsQ2 2024: 34 institutionsQ3 2024: 40 institutionsQ4 2024: 44 institutionsQ1 2025: 41 institutionsQ2 2025: 45 institutionsQ3 2025: 46 institutionsQ4 2025: 46 institutionsQ1 2026: 0 institutionsQ2 2026: 0 institutions
Value heldQ1 2025: $28.2M
Q1 2021: $29.9MQ2 2021: $30.9MQ3 2021: $27.1MQ4 2021: $29.4MQ1 2022: $21.9MQ2 2022: $24.4MQ3 2022: $21.3MQ4 2022: $23.2MQ1 2023: $23.3MQ2 2023: $20.3MQ3 2023: $19.9MQ4 2023: $22.1MQ1 2024: $21.3MQ2 2024: $22.2MQ3 2024: $25.5MQ4 2024: $26.3MQ1 2025: $28.2MQ2 2025: $27.9MQ3 2025: $29.5MQ4 2025: $33.8MQ1 2026: $0Q2 2026: $0
Institutions holding BTA and their total value by quarter
QuarterHoldersValue
Q2 20260$0
Q1 20260$0
Q4 202546$33.8M
Q3 202546$29.5M
Q2 202545$27.9M
Q1 202541$28.2M
Q4 202444$26.3M
Q3 202440$25.5M
Q2 202434$22.2M
Q1 202437$21.3M
Q4 202333$22.1M
Q3 202333$19.9M
Q2 202333$20.3M
Q1 202334$23.3M
Q4 202238$23.2M
Q3 202229$21.3M
Q2 202227$24.4M
Q1 202227$21.9M
Q4 202125$29.4M
Q3 202123$27.1M
Q2 202127$30.9M
Q1 202130$29.9M

Institutions, Q1 2025

Shares, value and share of portfolio for each institution holding BlackRock Long-Term Municipal Advantage Trust; share changes are against Q4 2024.

Institutions holding BTA in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Guggenheim Capital LLC678,251$6.57M0.06%−47,919−6.6%Reduced
Rivernorth Capital Management, LLC295,134$2.86M0.15%+295,134New
Hennion & Walsh Asset Management, Inc.267,767$2.59M0.12%+121,016+82.5%Added
UBS Group AG253,808$2.46M0.00%−52,348−17.1%Reduced
Wells Fargo & Company224,128$2.17M0.00%−9,247−4.0%Reduced
Morgan Stanley196,845$1.91M0.00%+22,732+13.1%Added
Raymond James Financial Inc193,023$1.87M0.00%−16,769−8.0%Reduced
Sit Investment Associates Inc123,209$1.19M0.03%−6,051−4.7%Reduced
Royal Bank of Canada82,493$799.0K0.00%+180.0%Added
GWM Advisors LLC65,678$636.4K0.00%+1,385+2.2%Added
Van Eck Associates Corp65,522$635.0K0.00%−3,362−4.9%Reduced
Melfa Wealth Management, LLC43,991$426.3K0.29%00.0%Unchanged
Stratos Wealth Advisors, LLC42,796$414.7K0.02%+104+0.2%Added
Wolverine Asset Management LLC41,149$398.7K0.01%+35,001+569.3%Added
Tyche Wealth Partners LLC39,109$379.0K0.08%−2,190−5.3%Reduced
Capital Investment Advisors, LLC37,025$358.8K0.01%00.0%Unchanged
Palogic Value Management, L.P.36,024$349.1K0.15%00.0%Unchanged
HBK Sorce Advisory LLC28,825$279.3K0.01%00.0%Unchanged
LPL Financial LLC26,941$261.1K0.00%+2,656+10.9%Added
Northwestern Mutual Wealth Management Co24,223$234.7K0.00%+10.0%Added
Sheaff Brock Investment Advisors, LLC18,000$174.4K0.02%00.0%Unchanged
Fundamentun, LLC16,852$163.3K0.01%+165+1.0%Added
Natural Investments, LLC15,985$154.0K0.04%00.0%Unchanged
GPS Wealth Strategies Group, LLC14,375$139.3K0.02%00.0%Unchanged
Cerity Partners LLC11,791$114.3K0.00%+116+1.0%Added
PFG Investments, LLC11,703$113.4K0.01%+47+0.4%Added
Landscape Capital Management, L.L.C.11,314$109.6K0.01%+11,314New
Plan A Wealth LLC11,245$109.0K0.08%00.0%Unchanged
Advisor Group Holdings, Inc.9,951$96.4K0.00%+2,745+38.1%Added
Hollencrest Capital Management5,600$54.3K0.00%00.0%Unchanged
Steward Partners Investment Advisory, LLC4,848$47.0K0.00%00.0%Unchanged
Cullen/Frost Bankers, Inc.3,680$35.7K0.00%00.0%Unchanged
Rothschild Investment LLC3,300$32.0K0.00%00.0%Unchanged
Elequin Capital LP1,651$16.0K0.00%+1,651New
Bank of America Corp1,383$13.4K0.00%00.0%Unchanged
Activest Wealth Management1,383$13.4K0.00%00.0%Unchanged
Noble Wealth Management PBC1,000$9.69K0.01%+1,000New
Fortis Group Advisors, LLC667$6.46K0.00%00.0%Unchanged
US Bancorp600$5.81K0.00%00.0%Unchanged
FNY Investment Advisers, LLC400$3.00K0.00%+400New
Nuveen, LLC122,983––+122,983New
Invesco Ltd.0$00.00%−38,760−100.0%Sold out
Nomura Holdings Inc0$00.00%−18,000−100.0%Sold out
Williams Jones Wealth Management, LLC.0$00.00%−15,825−100.0%Sold out
Susquehanna International Group, LLP0$00.00%−13,379−100.0%Sold out
Citadel Advisors LLC0$00.00%−10,864−100.0%Sold out
Fifth Third Bancorp0$00.00%−1,947−100.0%Sold out
FMR LLC0$00.00%−1−100.0%Sold out
Nuveen Asset Management, LLC––––Not filed
Fairhaven Wealth Management, LLC––––Not filed