BlackRock CA Municipal Income Trust
BFZ
BFZ was delisted on the 6th of February, 2026.
51 hedge funds and large institutions have $53.1M invested in BlackRock CA Municipal Income Trust in 2018 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 19 increasing their positions, 12 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
58% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 12
12% more capital invested
Capital invested by funds: $47.4M → $53.1M (+$5.69M)
9% more funds holding
Funds holding: 47 → 51 (+4)
2.06% more ownership
Funds ownership: 11.4% → 13.46% (+2.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$4.82M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.03M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$1.91M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$1.32M |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$2.71M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.76M |
| 3 |
Morgan Stanley
New York
|
-$360K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$338K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$266K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
51
Advisor Group
Phoenix,
Arizona
| $2K | -$24.2K | -1,900 | -94% |
|
|
LCM
52
Laurion Capital Management
New York
| – | -$2.71M | -208,163 | Closed |
|
|
DA
53
Doliver Advisors
Houston,
Texas
| – | -$266K | -20,431 | Closed |
|
54
LPL Financial
San Diego,
California
| – | -$182K | -13,987 | Closed |
|
55
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$165K | -12,693 | Closed |
|
|
VCWA
56
Vanguard Capital Wealth Advisors
Denver,
Colorado
| – | -$130K | -10,000 | Closed |
|
BFZ Hedge Fund Activity: Q3 2018 in Review
51 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in BlackRock CA Municipal Income Trust (BFZ) for Q3 2018, worth a combined $53.1M — up 12% from $47.4M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new BFZ positions and 5 closed out — a net gain of 4 holders — while 19 added to existing stakes and 12 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $4.82M. The largest seller was Laurion Capital Management, exiting entirely with an estimated $2.71M sold.
- 51 institutional investors held BlackRock CA Municipal Income Trust (BFZ) as of Q3 2018, up from 47 in Q2 2018.
- Funds reported $53.1M of BlackRock CA Municipal Income Trust stock for Q3 2018, up 12% quarter-over-quarter.
- 9 funds opened new BlackRock CA Municipal Income Trust positions in Q3 2018 and 5 closed out, a net change of +4 holders.
- The largest BlackRock CA Municipal Income Trust buyer in Q3 2018 was Karpus Investment Management, an estimated $4.82M added.
- The largest BlackRock CA Municipal Income Trust seller in Q3 2018 was Laurion Capital Management, an estimated $2.71M sold.
Based on aggregated 13F filings for Q3 2018.