BlackRock CA Municipal Income Trust
BFZ
BFZ was delisted on the 6th of February, 2026.
57 hedge funds and large institutions have $76.4M invested in BlackRock CA Municipal Income Trust in 2019 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 15 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
27% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 15
8% more funds holding
Funds holding: 53 → 57 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.25% less ownership
Funds ownership: 21.09% → 19.85% (-1.2%)
11% less capital invested
Capital invested by funds: $86.3M → $76.4M (-$9.82M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.58M |
| 2 |
SCM
Saba Capital Management
New York
|
+$2.2M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.03M |
| 4 |
AC
Almitas Capital
Santa Monica,
California
|
+$886K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$582K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
-$8.54M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$2.64M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$2.11M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$469K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$385K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WT
51
Whittier Trust
South Pasadena,
California
| $26K | – | – | – |
|
|
FWM
52
Focused Wealth Management
Newburgh,
New York
| $20K | – | – | – |
|
|
OIA
53
Optimum Investment Advisors
Chicago,
Illinois
| $17K | – | – | – |
|
|
AF
54
Advisornet Financial
Minnetonka,
Minnesota
| $16K | – | – | – |
|
|
SPIA
55
Steward Partners Investment Advisory
New York
| $13K | +$13.5K | +1,030 | New |
|
|
AG
56
Advisor Group
Phoenix,
Arizona
| $11K | – | – | – |
|
|
RCM
57
Rivernorth Capital Management
West Palm Beach,
Florida
| $7.45K | -$385K | -29,497 | -5% |
|
|
BPCM
58
Beach Point Capital Management
Santa Monica,
California
| – | -$8.54M | -666,048 | Closed |
|
59
Bank of New York Mellon
New York
| – | -$195K | -15,201 | Closed |
|
|
ACA
60
Ackerman Capital Advisors
Dallas,
Texas
| – | -$131 | -10,214 | Closed |
|
BFZ Hedge Fund Activity: Q2 2019 in Review
57 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in BlackRock CA Municipal Income Trust (BFZ) for Q2 2019, worth a combined $76.4M — down 11% from $86.3M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BFZ positions and 3 closed out — a net gain of 5 holders — while 19 added to existing stakes and 15 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $2.58M. The largest seller was Beach Point Capital Management, exiting entirely with an estimated $8.54M sold.
- 57 institutional investors held BlackRock CA Municipal Income Trust (BFZ) as of Q2 2019, up from 53 in Q1 2019.
- Funds reported $76.4M of BlackRock CA Municipal Income Trust stock for Q2 2019, down 11% quarter-over-quarter.
- 8 funds opened new BlackRock CA Municipal Income Trust positions in Q2 2019 and 3 closed out, a net change of +5 holders.
- The largest BlackRock CA Municipal Income Trust buyer in Q2 2019 was Sit Investment Associates, an estimated $2.58M added.
- The largest BlackRock CA Municipal Income Trust seller in Q2 2019 was Beach Point Capital Management, an estimated $8.54M sold.
Based on aggregated 13F filings for Q2 2019.