BlackRock CA Municipal Income Trust
BFZ
BFZ was delisted on the 6th of February, 2026.
57 hedge funds and large institutions have $78.6M invested in BlackRock CA Municipal Income Trust in 2018 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 23 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
48% more capital invested
Capital invested by funds: $53.1M → $78.6M (+$25.5M)
12% more funds holding
Funds holding: 51 → 57 (+6)
7.14% more ownership
Funds ownership: 13.46% → 20.59% (+7.1%)
26% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
+$7.37M |
| 2 |
SCM
Saba Capital Management
New York
|
+$6.88M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$4.56M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$3.98M |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$3.58M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$2.43M |
| 3 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$744K |
| 4 |
CA
Cetera Advisors
Denver,
Colorado
|
-$318K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$233K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WT
51
Whittier Trust
South Pasadena,
California
| $24K | -$12.2K | -1,000 | -33% |
|
|
FWM
52
Focused Wealth Management
Newburgh,
New York
| $18K | -$14.6K | -1,200 | -44% |
|
|
OIA
53
Optimum Investment Advisors
Chicago,
Illinois
| $16K | – | – | – |
|
|
AG
54
Advisor Group
Phoenix,
Arizona
| $6K | +$4.59K | +378 | +286% |
|
|
GWM
55
Geneos Wealth Management
Englewood,
Colorado
| $5K | – | – | – |
|
|
NSG
56
Nalls Sherbakoff Group
Knoxville,
Tennessee
| $5K | +$4.86K | +400 | New |
|
|
MOS
57
MGO One Seven
Beachwood,
Ohio
| $5K | +$5.29K | +435 | New |
|
|
JMPWA
58
JP Morgan Private Wealth Advisors
San Francisco,
California
| – | -$744K | -60,256 | Closed |
|
59
Jane Street
New York
| – | -$167K | -13,548 | Closed |
|
60
Walleye Trading
New York
| – | -$73K | -5,900 | Closed |
|
|
SPIA
61
Steward Partners Investment Advisory
New York
| – | -$13K | -1,030 | Closed |
|
BFZ Hedge Fund Activity: Q4 2018 in Review
57 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in BlackRock CA Municipal Income Trust (BFZ) for Q4 2018, worth a combined $78.6M — up 48% from $53.1M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new BFZ positions and 4 closed out — a net gain of 6 holders — while 17 added to existing stakes and 23 trimmed.
The largest buyer was Beach Point Capital Management, opening a new position worth an estimated $7.37M. The largest seller was UBS Group, cutting an estimated $3.58M.
- 57 institutional investors held BlackRock CA Municipal Income Trust (BFZ) as of Q4 2018, up from 51 in Q3 2018.
- Funds reported $78.6M of BlackRock CA Municipal Income Trust stock for Q4 2018, up 48% quarter-over-quarter.
- 10 funds opened new BlackRock CA Municipal Income Trust positions in Q4 2018 and 4 closed out, a net change of +6 holders.
- The largest BlackRock CA Municipal Income Trust buyer in Q4 2018 was Beach Point Capital Management, an estimated $7.37M added.
- The largest BlackRock CA Municipal Income Trust seller in Q4 2018 was UBS Group, an estimated $3.58M sold.
Based on aggregated 13F filings for Q4 2018.