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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, Q3 2025

Institutional positions in BlackRock Long-Term Municipal Advantage Trust as of Sep 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
46
+1 vs. Q2 2025
Shares held
3.08M
+35.2K (+1.2%) vs. Q2 2025
Total value
$29.5M
+$1.58M (+5.7%) vs. Q2 2025
New holders
7
12 more added
Sold out
6
14 more reduced

Compare with Q2 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 holdersQ3 2025: 46 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 heldQ3 2025: $29.5M
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, Q3 2025

Shares, value and share of portfolio for each institution holding BlackRock Long-Term Municipal Advantage Trust; share changes are against Q2 2025.

Institutions holding BTA in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Guggenheim Capital LLC463,255$4.44M0.03%−104,218−18.4%Reduced
Sit Investment Associates Inc368,158$3.53M0.07%+252,906+219.4%Added
Rivernorth Capital Management, LLC297,150$2.85M0.16%−68,543−18.7%Reduced
Hennion & Walsh Asset Management, Inc.260,543$2.50M0.09%−2,843−1.1%Reduced
Morgan Stanley223,598$2.14M0.00%+28,360+14.5%Added
UBS Group AG214,815$2.06M0.00%−40,659−15.9%Reduced
Wells Fargo & Company190,248$1.82M0.00%−17,317−8.3%Reduced
Raymond James Financial Inc186,328$1.79M0.00%−15,602−7.7%Reduced
Noble Wealth Management PBC140,546$1.35M0.72%+140,546New
Van Eck Associates Corp83,366$799.0K0.00%+520+0.6%Added
Royal Bank of Canada74,269$711.0K0.00%−15,253−17.0%Reduced
GWM Advisors LLC52,754$505.4K0.00%−10,824−17.0%Reduced
Melfa Wealth Management, LLC43,991$421.4K0.25%00.0%Unchanged
Stratos Wealth Advisors, LLC40,145$384.6K0.02%−2,821−6.6%Reduced
Tyche Wealth Partners LLC39,109$374.7K0.07%00.0%Unchanged
Palogic Value Management, L.P.38,024$364.3K0.15%+4,000+11.8%Added
HBK Sorce Advisory LLC34,620$330.3K0.01%+5,500+18.9%Added
Capital Investment Advisors, LLC34,154$327.2K0.01%−366−1.1%Reduced
Cohen & Steers, Inc.30,000$287.0K0.00%+30,000New
Northwestern Mutual Wealth Management Co24,819$237.8K0.00%+694+2.9%Added
Bank of New York Mellon Corp21,490$205.9K0.00%+21,490New
LPL Financial LLC20,361$195.1K0.00%+2,929+16.8%Added
River Street Advisors LLC18,899$181.1K0.07%00.0%Unchanged
Allworth Financial LP18,000$172.4K0.00%00.0%Unchanged
Fundamentun, LLC17,409$166.8K0.01%+286+1.7%Added
Natural Investments, LLC15,985$153.0K0.04%00.0%Unchanged
RMB Capital Management, LLC14,149$136.2K0.00%+14,149New
PFG Investments, LLC12,959$124.1K0.01%+1,180+10.0%Added
Susquehanna International Group, LLP12,897$123.6K0.00%+12,897New
Cerity Partners LLC12,179$116.7K0.00%+199+1.7%Added
Plan A Wealth LLC11,245$107.7K0.05%00.0%Unchanged
Nuveen, LLC10,127$97.0K0.00%00.0%Unchanged
Ameriprise Financial Inc10,020$96.0K0.00%−948−8.6%Reduced
Advisor Group Holdings, Inc.9,185$84.8K0.00%−37−0.4%Reduced
Bernard Wealth Management Corp.6,100$58.4K0.02%+2,800+84.8%Added
Steward Partners Investment Advisory, LLC5,748$55.1K0.00%+900+18.6%Added
Hollencrest Capital Management5,600$53.6K0.00%00.0%Unchanged
Fifth Third Bancorp4,000$38.3K0.00%+4,000New
GPS Wealth Strategies Group, LLC2,500$23.9K0.00%00.0%Unchanged
Rothschild Investment LLC2,000$19.2K0.00%−1,300−39.4%Reduced
Advisory Services Network, LLC1,900$18.2K0.00%+1,900New
Bank of America Corp1,383$13.2K0.00%00.0%Unchanged
Activest Wealth Management1,383$13.2K0.00%00.0%Unchanged
Fortis Group Advisors, LLC667$6.39K0.00%00.0%Unchanged
FNY Investment Advisers, LLC400$3.00K0.00%00.0%Unchanged
US Bancorp300$2.87K0.00%−300−50.0%Reduced
Wolverine Asset Management LLC0$00.00%−141,213−100.0%Sold out
Robinson Capital Management, LLC0$00.00%−38,187−100.0%Sold out
Landscape Capital Management, L.L.C.0$00.00%−17,644−100.0%Sold out
Balyasny Asset Management LLC0$00.00%−11,031−100.0%Sold out
Elequin Capital LP0$00.00%−845−100.0%Sold out
Jones Financial Companies LLLP0$00.00%−90−100.0%Sold out