BlackRock CA Municipal Income Trust
BFZ
BFZ was delisted on the 6th of February, 2026.
60 hedge funds and large institutions have $153M invested in BlackRock CA Municipal Income Trust in 2021 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 17 increasing their positions, 19 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
3% more funds holding
Funds holding: 58 → 60 (+2)
0.32% more ownership
Funds ownership: 32.94% → 33.27% (+0.32%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $154M → $153M (-$980K)
11% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$2.81M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.32M |
| 3 |
MSL
Mackay Shields LLC
New York
|
+$908K |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$591K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$571K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$2.03M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$1.78M |
| 3 |
HCM
Hollencrest Capital Management
Newport Beach,
California
|
-$799K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$446K |
| 5 |
SMH
Sanders Morris Harris
Houston,
Texas
|
-$383K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GRP
51
Global Retirement Partners
San Rafael,
California
| $59K | – | – | – |
|
|
JPLA
52
Joseph P. Lucia & Associates
Yorktown Heights,
New York
| $57K | – | – | – |
|
|
AF
53
Allworth Financial
Folsom,
California
| $37K | – | – | – |
|
54
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $33K | – | – | – |
|
|
WT
55
Whittier Trust
South Pasadena,
California
| $29K | +$29.7K | +1,986 | New |
|
|
FWM
56
Focused Wealth Management
Newburgh,
New York
| $22K | – | – | – |
|
57
US Bancorp
Minneapolis,
Minnesota
| $22K | – | – | – |
|
|
OIA
58
Optimum Investment Advisors
Chicago,
Illinois
| $19K | – | – | – |
|
|
SPIA
59
Steward Partners Investment Advisory
New York
| $15K | – | – | – |
|
60
Northern Trust
Chicago,
Illinois
| $3K | – | – | – |
|
|
SMH
61
Sanders Morris Harris
Houston,
Texas
| – | -$383K | -25,500 | Closed |
|
|
CAN
62
Cetera Advisor Networks
El Segundo,
California
| – | -$257K | -17,177 | Closed |
|
BFZ Hedge Fund Activity: Q3 2021 in Review
60 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in BlackRock CA Municipal Income Trust (BFZ) for Q3 2021, worth a combined $153M — down 0.63% from $154M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new BFZ positions and 2 closed out — a net gain of 2 holders — while 17 added to existing stakes and 19 trimmed.
The largest buyer was Advisors Asset Management, opening a new position worth an estimated $2.81M. The largest seller was Karpus Investment Management, cutting an estimated $2.03M.
- 60 institutional investors held BlackRock CA Municipal Income Trust (BFZ) as of Q3 2021, up from 58 in Q2 2021.
- Funds reported $153M of BlackRock CA Municipal Income Trust stock for Q3 2021, down 0.63% quarter-over-quarter.
- 4 funds opened new BlackRock CA Municipal Income Trust positions in Q3 2021 and 2 closed out, a net change of +2 holders.
- The largest BlackRock CA Municipal Income Trust buyer in Q3 2021 was Advisors Asset Management, an estimated $2.81M added.
- The largest BlackRock CA Municipal Income Trust seller in Q3 2021 was Karpus Investment Management, an estimated $2.03M sold.
Based on aggregated 13F filings for Q3 2021.