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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, Q2 2025

Institutional positions in BlackRock Long-Term Municipal Advantage Trust as of Jun 30, 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
45
+6 vs. Q1 2025
Shares held
3.04M
+25.9K (+0.9%) vs. Q1 2025
Total value
$27.9M
−$137.6K (−0.5%) vs. Q1 2025
New holders
7
12 more added
Sold out
1
14 more reduced

2 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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 holdersQ2 2025: 45 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 heldQ2 2025: $27.9M
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, Q2 2025

Shares, value and share of portfolio for each institution holding BlackRock Long-Term Municipal Advantage Trust; share changes are against Q1 2025.

Institutions holding BTA in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Guggenheim Capital LLC567,473$5.20M0.04%−110,778−16.3%Reduced
Rivernorth Capital Management, LLC365,693$3.35M0.19%+70,559+23.9%Added
Hennion & Walsh Asset Management, Inc.263,386$2.42M0.10%−4,381−1.6%Reduced
UBS Group AG255,474$2.34M0.00%+1,666+0.7%Added
Wells Fargo & Company207,565$1.90M0.00%−16,563−7.4%Reduced
Raymond James Financial Inc201,930$1.85M0.00%+8,907+4.6%Added
Morgan Stanley195,238$1.79M0.00%−1,607−0.8%Reduced
Wolverine Asset Management LLC141,213$1.29M0.02%+100,064+243.2%Added
Sit Investment Associates Inc115,252$1.06M0.02%−7,957−6.5%Reduced
Royal Bank of Canada89,522$821.0K0.00%+7,029+8.5%Added
Van Eck Associates Corp82,846$760.0K0.00%+17,324+26.4%Added
GWM Advisors LLC63,578$583.0K0.00%−2,100−3.2%Reduced
Melfa Wealth Management, LLC43,991$403.4K0.25%00.0%Unchanged
Stratos Wealth Advisors, LLC42,966$394.0K0.02%+170+0.4%Added
Tyche Wealth Partners LLC39,109$358.6K0.07%00.0%Unchanged
Robinson Capital Management, LLC38,187$350.2K0.15%+38,187New
Capital Investment Advisors, LLC34,520$316.5K0.01%−2,505−6.8%Reduced
Palogic Value Management, L.P.34,024$312.0K0.13%−2,000−5.6%Reduced
HBK Sorce Advisory LLC29,120$267.0K0.01%+295+1.0%Added
Northwestern Mutual Wealth Management Co24,125$221.2K0.00%−98−0.4%Reduced
River Street Advisors LLC18,899$173.3K0.07%+18,899New
Allworth Financial LP18,000$165.1K0.00%+18,000New
Landscape Capital Management, L.L.C.17,644$161.8K0.01%+6,330+55.9%Added
LPL Financial LLC17,432$159.8K0.00%−9,509−35.3%Reduced
Fundamentun, LLC17,123$157.0K0.01%+271+1.6%Added
Natural Investments, LLC15,985$146.0K0.04%00.0%Unchanged
Cerity Partners LLC11,980$109.9K0.00%+189+1.6%Added
PFG Investments, LLC11,779$108.0K0.01%+76+0.6%Added
Plan A Wealth LLC11,245$103.1K0.06%00.0%Unchanged
Balyasny Asset Management LLC11,031$101.2K0.00%+11,031New
Ameriprise Financial Inc10,968$100.6K0.00%+10,968New
Nuveen, LLC10,127$92.9K0.00%−112,856−91.8%Reduced
Advisor Group Holdings, Inc.9,222$84.6K0.00%−729−7.3%Reduced
Hollencrest Capital Management5,600$51.4K0.00%00.0%Unchanged
Steward Partners Investment Advisory, LLC4,848$44.5K0.00%00.0%Unchanged
Rothschild Investment LLC3,300$30.3K0.00%00.0%Unchanged
Bernard Wealth Management Corp.3,300$30.3K0.01%+3,300New
GPS Wealth Strategies Group, LLC2,500$22.9K0.00%−11,875−82.6%Reduced
Bank of America Corp1,383$12.7K0.00%00.0%Unchanged
Activest Wealth Management1,383$12.7K0.00%00.0%Unchanged
Elequin Capital LP845$7.75K0.00%−806−48.8%Reduced
Fortis Group Advisors, LLC667$6.12K0.00%00.0%Unchanged
US Bancorp600$5.50K0.00%00.0%Unchanged
FNY Investment Advisers, LLC400$3.00K0.00%00.0%Unchanged
Jones Financial Companies LLLP90$8120.00%+90New
Cullen/Frost Bankers, Inc.0$00.00%−3,680−100.0%Sold out
Sheaff Brock Investment Advisors, LLC––––Not filed
Noble Wealth Management PBC––––Not filed