BlackRock CA Municipal Income Trust
BFZ
BFZ was delisted on the 6th of February, 2026.
63 hedge funds and large institutions have $155M invested in BlackRock CA Municipal Income Trust in 2021 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 20 increasing their positions, 15 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
33% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 15
5% more funds holding
Funds holding: 60 → 63 (+3)
1% more capital invested
Capital invested by funds: $153M → $155M (+$1.39M)
0.76% more ownership
Funds ownership: 33.27% → 34.03% (+0.76%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.85M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.1M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$418K |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$270K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$245K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.56M |
| 2 |
FFA
First Foundation Advisors
Irvine,
California
|
-$1.68M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$1.09M |
| 4 |
C
Certuity
North Palm Beach,
Florida
|
-$891K |
| 5 |
SCM
Saba Capital Management
New York
|
-$557K |
BFZ Hedge Fund Activity: Q4 2021 in Review
63 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in BlackRock CA Municipal Income Trust (BFZ) for Q4 2021, worth a combined $155M — up 0.9% from $153M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BFZ positions and 5 closed out — a net gain of 3 holders — while 20 added to existing stakes and 15 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $3.85M. The largest seller was Sit Investment Associates, cutting an estimated $2.56M.
- 63 institutional investors held BlackRock CA Municipal Income Trust (BFZ) as of Q4 2021, up from 60 in Q3 2021.
- Funds reported $155M of BlackRock CA Municipal Income Trust stock for Q4 2021, up 0.9% quarter-over-quarter.
- 8 funds opened new BlackRock CA Municipal Income Trust positions in Q4 2021 and 5 closed out, a net change of +3 holders.
- The largest BlackRock CA Municipal Income Trust buyer in Q4 2021 was Rivernorth Capital Management, an estimated $3.85M added.
- The largest BlackRock CA Municipal Income Trust seller in Q4 2021 was Sit Investment Associates, an estimated $2.56M sold.
Based on aggregated 13F filings for Q4 2021.