BlackRock CA Municipal Income Trust
BFZ
BFZ was delisted on the 6th of February, 2026.
55 hedge funds and large institutions have $130M invested in BlackRock CA Municipal Income Trust in 2024 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 20 reducing their positions, and 7 closing their positions.
0.82% less ownership
Funds ownership: 36.9% → 36.08% (-0.82%)
2% less capital invested
Capital invested by funds: $132M → $130M (-$2.17M)
4% less funds holding
Funds holding: 57 → 55 (-2)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
40% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.72M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$761K |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$498K |
| 4 |
TC
Trilogy Capital
Irvine,
California
|
+$321K |
| 5 |
Corient Private Wealth
Miami,
Florida
|
+$290K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Almitas Capital
Santa Monica,
California
|
-$3.51M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.37M |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$922K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$406K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$349K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Comerica Bank
Dallas,
Texas
| $13.9K | -$9.4K | -800 | -41% |
|
|
BBPWM
52
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $13.6K | -$20K | -1,700 | -60% |
|
|
GLR
53
Great Lakes Retirement
Sandusky,
Ohio
| $8.42K | +$8.22K | +700 | New |
|
|
MWM
54
Mascoma Wealth Management
Hanover,
New Hampshire
| $8.27K | – | – | – |
|
55
Osaic Holdings
Scottsdale,
Arizona
| $7.28K | -$105K | -8,913 | -94% |
|
|
DI
56
Diligent Investors
Redlands,
California
| – | -$328K | -27,742 | Closed |
|
|
LCM
57
Landscape Capital Management
Englewood,
New Jersey
| – | -$254K | -21,500 | Closed |
|
|
HI
58
HBK Investments
Dallas,
Texas
| – | -$245K | -20,700 | Closed |
|
|
BRWA
59
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$168K | -16,290 | Closed |
|
|
WAM
60
Wolverine Asset Management
Chicago,
Illinois
| – | -$27.2K | -2,300 | Closed |
|
|
FIA
61
FNY Investment Advisers
New York
| – | -$2 | -200 | Closed |
|
62
Fidelity Investments
Boston,
Massachusetts
| – | -$12 | -1 | Closed |
|
BFZ Hedge Fund Activity: Q2 2024 in Review
55 of the 6,930 institutional investors tracked by Wall St. Rank reported a position in BlackRock CA Municipal Income Trust (BFZ) for Q2 2024, worth a combined $130M — down 1.6% from $132M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of BFZ and 6 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 12 added.
The largest buyer was Royal Bank of Canada, adding an estimated $1.72M. The largest seller was Almitas Capital, cutting an estimated $3.51M.
- 55 institutional investors held BlackRock CA Municipal Income Trust (BFZ) as of Q2 2024, down from 57 in Q1 2024.
- Funds reported $130M of BlackRock CA Municipal Income Trust stock for Q2 2024, down 1.6% quarter-over-quarter.
- 6 funds opened new BlackRock CA Municipal Income Trust positions in Q2 2024 and 7 closed out, a net change of -1 holder.
- The largest BlackRock CA Municipal Income Trust buyer in Q2 2024 was Royal Bank of Canada, an estimated $1.72M added.
- The largest BlackRock CA Municipal Income Trust seller in Q2 2024 was Almitas Capital, an estimated $3.51M sold.
Based on aggregated 13F filings for Q2 2024.