We are live on ! Find out more
BFZ

BlackRock CA Municipal Income Trust
BFZ

Delisted

BFZ was delisted on the 6th of February, 2026.

Back to rankings

61 hedge funds and large institutions have $86.3M invested in BlackRock CA Municipal Income Trust in 2025 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 17 increasing their positions, 13 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 6

31% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 13

15% more funds holding

Funds holding: 53 → 61 (+8)

3.7% less ownership

Funds ownership: 29.93% → 26.23% (-3.7%)

11% less capital invested

Capital invested by funds: $97.3M → $86.3M (-$10.9M)

Holders
61
Holders Change
+8
Holders Change %
+15.09%
% of All Funds
0.8%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
14
Increased
17
Reduced
13
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$5.17M
2
RCM
Rivernorth Capital Management
Florida
+$3.48M
3
Allspring Global Investments
Allspring Global Investments
North Carolina
+$2.15M
4
IC
IEQ Capital
California
+$781K
5
WAM
Wolverine Asset Management
Illinois
+$775K

Top Sellers

Rank Fund Capital Flow
1
SCM
Saba Capital Management
New York
-$20.5M
2
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$2.41M
3
RCM
Robinson Capital Management
Michigan
-$2.11M
4
LCM
Landscape Capital Management
New Jersey
-$584K
5
AIA
Absolute Investment Advisers
Florida
-$373K
Name Holding Trade Value Shares
Change 		Change in
Stake
AF
51
Allworth Financial
California
$27.6K – – –
NWMP
52
Noble Wealth Management PBC
Colorado
$25.7K +$25K +2,350 New
Northwestern Mutual Wealth Management
53
Northwestern Mutual Wealth Management
Wisconsin
$24.2K – – –
US Bancorp
54
US Bancorp
Minnesota
$19.2K – – –
OIA
55
Optimum Investment Advisors
Illinois
$14.2K – – –
SIA
56
Sit Investment Associates
Minnesota
$13K +$12.2K +1,150 New
RFP
57
Root Financial Partners
California
$12K +$11.7K +1,100 New
HWP
58
Highline Wealth Partners
California
$10.9K +$10.6K +1,000 New
MWM
59
Mascoma Wealth Management
New Hampshire
$7.57K – – –
NSG
60
Nalls Sherbakoff Group
Tennessee
$4.38K – – –
FIA
61
FNY Investment Advisers
New York
$2K – – –
RCM
62
Robinson Capital Management
Michigan
– -$2.11M -195,158 Closed
AIA
63
Absolute Investment Advisers
Florida
– -$373K -34,536 Closed
QL
64
Quarry LP
New York
– -$373K -34,536 Closed
Jane Street
65
Jane Street
New York
– -$203K -18,786 Closed
NA
66
NewEdge Advisors
Louisiana
– -$124K -11,437 Closed
BBPWM
67
Blue Bell Private Wealth Management
Pennsylvania
– -$5.41K -500 Closed
1 2
3

BFZ Hedge Fund Activity: Q3 2025 in Review

61 of the 7,630 institutional investors tracked by Wall St. Rank reported a position in BlackRock CA Municipal Income Trust (BFZ) for Q3 2025, worth a combined $86.3M — down 11% from $97.3M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new BFZ positions and 6 closed out — a net gain of 8 holders — while 17 added to existing stakes and 13 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $5.17M. The largest seller was Saba Capital Management, cutting an estimated $20.5M.

  • 61 institutional investors held BlackRock CA Municipal Income Trust (BFZ) as of Q3 2025, up from 53 in Q2 2025.
  • Funds reported $86.3M of BlackRock CA Municipal Income Trust stock for Q3 2025, down 11% quarter-over-quarter.
  • 14 funds opened new BlackRock CA Municipal Income Trust positions in Q3 2025 and 6 closed out, a net change of +8 holders.
  • The largest BlackRock CA Municipal Income Trust buyer in Q3 2025 was Morgan Stanley, an estimated $5.17M added.
  • The largest BlackRock CA Municipal Income Trust seller in Q3 2025 was Saba Capital Management, an estimated $20.5M sold.

Based on aggregated 13F filings for Q3 2025.