BlackRock CA Municipal Income Trust
BFZ
BFZ was delisted on the 6th of February, 2026.
69 hedge funds and large institutions have $138M invested in BlackRock CA Municipal Income Trust in 2022 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 22 increasing their positions, 17 reducing their positions, and 7 closing their positions.
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
29% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 17
10% more funds holding
Funds holding: 63 → 69 (+6)
1.95% more ownership
Funds ownership: 34.03% → 35.98% (+2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11% less capital invested
Capital invested by funds: $155M → $138M (-$16.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$3.68M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.62M |
| 3 |
MCA
Magnolia Capital Advisors
Jackson,
Mississippi
|
+$2.07M |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$1.69M |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$5.38M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$970K |
| 3 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$624K |
| 4 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
-$530K |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$432K |
BFZ Hedge Fund Activity: Q1 2022 in Review
69 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in BlackRock CA Municipal Income Trust (BFZ) for Q1 2022, worth a combined $138M — down 11% from $155M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BFZ positions and 7 closed out — a net gain of 6 holders — while 22 added to existing stakes and 17 trimmed.
The largest buyer was Bulldog Investors, opening a new position worth an estimated $3.68M. The largest seller was Sit Investment Associates, exiting entirely with an estimated $5.38M sold.
- 69 institutional investors held BlackRock CA Municipal Income Trust (BFZ) as of Q1 2022, up from 63 in Q4 2021.
- Funds reported $138M of BlackRock CA Municipal Income Trust stock for Q1 2022, down 11% quarter-over-quarter.
- 13 funds opened new BlackRock CA Municipal Income Trust positions in Q1 2022 and 7 closed out, a net change of +6 holders.
- The largest BlackRock CA Municipal Income Trust buyer in Q1 2022 was Bulldog Investors, an estimated $3.68M added.
- The largest BlackRock CA Municipal Income Trust seller in Q1 2022 was Sit Investment Associates, an estimated $5.38M sold.
Based on aggregated 13F filings for Q1 2022.