BlackRock CA Municipal Income Trust
BFZ
BFZ was delisted on the 6th of February, 2026.
58 hedge funds and large institutions have $103M invested in BlackRock CA Municipal Income Trust in 2024 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 10 increasing their positions, 14 reducing their positions, and 4 closing their positions.
200% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 4
12% more funds holding
Funds holding: 52 → 58 (+6)
1.55% less ownership
Funds ownership: 32.22% → 30.67% (-1.5%)
12% less capital invested
Capital invested by funds: $117M → $103M (-$13.8M)
29% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$3.76M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$796K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$580K |
| 4 |
RAM
Readystate Asset Management
Chicago,
Illinois
|
+$452K |
| 5 |
MG
Marex Group
London,
|
+$247K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$4.27M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.71M |
| 3 |
Morgan Stanley
New York
|
-$1.71M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.42M |
| 5 |
AC
Almitas Capital
Santa Monica,
California
|
-$537K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AF
51
Allworth Financial
Folsom,
California
| $42.6K | – | – | – |
|
52
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $24.7K | – | – | – |
|
|
OIA
53
Optimum Investment Advisors
Chicago,
Illinois
| $14.6K | – | – | – |
|
54
Comerica Bank
Dallas,
Texas
| $13K | – | – | – |
|
|
OC
55
Oarsman Capital
Milwaukee,
Wisconsin
| $11.2K | – | – | – |
|
|
DRP
56
Decker Retirement Planning
Levi,
Utah
| $10.1K | +$10.6K | +900 | New |
|
|
MWM
57
Mascoma Wealth Management
Hanover,
New Hampshire
| $7.74K | – | – | – |
|
58
Osaic Holdings
Scottsdale,
Arizona
| $6.81K | – | – | – |
|
|
AC
59
Almitas Capital
Santa Monica,
California
| – | -$537K | -44,416 | Closed |
|
|
SMH
60
Sanders Morris Harris
Houston,
Texas
| – | -$490K | -40,502 | Closed |
|
|
CWS
61
Cypress Wealth Services
Palm Desert,
California
| – | -$250K | -20,700 | Closed |
|
|
FIA
62
FNY Investment Advisers
New York
| – | -$2K | -200 | Closed |
|
BFZ Hedge Fund Activity: Q4 2024 in Review
58 of the 7,599 institutional investors tracked by Wall St. Rank reported a position in BlackRock CA Municipal Income Trust (BFZ) for Q4 2024, worth a combined $103M — down 12% from $117M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new BFZ positions and 4 closed out — a net gain of 8 holders — while 10 added to existing stakes and 14 trimmed.
The largest buyer was City of London Investment Management, opening a new position worth an estimated $3.76M. The largest seller was Sit Investment Associates, cutting an estimated $4.27M.
- 58 institutional investors held BlackRock CA Municipal Income Trust (BFZ) as of Q4 2024, up from 52 in Q3 2024.
- Funds reported $103M of BlackRock CA Municipal Income Trust stock for Q4 2024, down 12% quarter-over-quarter.
- 12 funds opened new BlackRock CA Municipal Income Trust positions in Q4 2024 and 4 closed out, a net change of +8 holders.
- The largest BlackRock CA Municipal Income Trust buyer in Q4 2024 was City of London Investment Management, an estimated $3.76M added.
- The largest BlackRock CA Municipal Income Trust seller in Q4 2024 was Sit Investment Associates, an estimated $4.27M sold.
Based on aggregated 13F filings for Q4 2024.