BlackRock CA Municipal Income Trust
BFZ
BFZ was delisted on the 6th of February, 2026.
57 hedge funds and large institutions have $83.9M invested in BlackRock CA Municipal Income Trust in 2019 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 15 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
27% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 15
10% more funds holding
Funds holding: 52 → 57 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $86.3M → $83.9M (-$2.38M)
1.21% less ownership
Funds ownership: 21.06% → 19.85% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.58M |
| 2 |
SCM
Saba Capital Management
New York
|
+$2.2M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.03M |
| 4 |
AC
Almitas Capital
Santa Monica,
California
|
+$886K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$582K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
-$8.54M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$2.64M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$2.11M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$469K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$385K |
BFZ Hedge Fund Activity: Q2 2019 in Review
57 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in BlackRock CA Municipal Income Trust (BFZ) for Q2 2019, worth a combined $83.9M — down 2.8% from $86.3M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BFZ positions and 2 closed out — a net gain of 6 holders — while 19 added to existing stakes and 15 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $2.58M. The largest seller was Beach Point Capital Management, exiting entirely with an estimated $8.54M sold.
- 57 institutional investors held BlackRock CA Municipal Income Trust (BFZ) as of Q2 2019, up from 52 in Q1 2019.
- Funds reported $83.9M of BlackRock CA Municipal Income Trust stock for Q2 2019, down 2.8% quarter-over-quarter.
- 8 funds opened new BlackRock CA Municipal Income Trust positions in Q2 2019 and 2 closed out, a net change of +6 holders.
- The largest BlackRock CA Municipal Income Trust buyer in Q2 2019 was Sit Investment Associates, an estimated $2.58M added.
- The largest BlackRock CA Municipal Income Trust seller in Q2 2019 was Beach Point Capital Management, an estimated $8.54M sold.
Based on aggregated 13F filings for Q2 2019.