BlackRock CA Municipal Income Trust
BFZ
BFZ was delisted on the 6th of February, 2026.
52 hedge funds and large institutions have $86.3M invested in BlackRock CA Municipal Income Trust in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 25 increasing their positions, 12 reducing their positions, and 9 closing their positions.
108% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 12
10% more capital invested
Capital invested by funds: $78.6M → $86.3M (+$7.66M)
0.47% more ownership
Funds ownership: 20.59% → 21.06% (+0.47%)
9% less funds holding
Funds holding: 57 → 52 (-5)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Almitas Capital
Santa Monica,
California
|
+$2.32M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.96M |
| 3 |
FFA
First Foundation Advisors
Irvine,
California
|
+$1.36M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$919K |
| 5 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
+$755K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$2.15M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.96M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$867K |
| 4 |
SCM
Saba Capital Management
New York
|
-$691K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$607K |
BFZ Hedge Fund Activity: Q1 2019 in Review
52 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in BlackRock CA Municipal Income Trust (BFZ) for Q1 2019, worth a combined $86.3M — up 9.7% from $78.6M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of BFZ and 5 opened new positions — a net loss of 4 holders — while 12 trimmed existing stakes and 25 added.
The largest buyer was Almitas Capital, adding an estimated $2.32M. The largest seller was Fiera Capital (Canada), cutting an estimated $2.15M.
- 52 institutional investors held BlackRock CA Municipal Income Trust (BFZ) as of Q1 2019, down from 57 in Q4 2018.
- Funds reported $86.3M of BlackRock CA Municipal Income Trust stock for Q1 2019, up 9.7% quarter-over-quarter.
- 5 funds opened new BlackRock CA Municipal Income Trust positions in Q1 2019 and 9 closed out, a net change of -4 holders.
- The largest BlackRock CA Municipal Income Trust buyer in Q1 2019 was Almitas Capital, an estimated $2.32M added.
- The largest BlackRock CA Municipal Income Trust seller in Q1 2019 was Fiera Capital (Canada), an estimated $2.15M sold.
Based on aggregated 13F filings for Q1 2019.