BlackRock CA Municipal Income Trust
BFZ
BFZ was delisted on the 6th of February, 2026.
61 hedge funds and large institutions have $81.6M invested in BlackRock CA Municipal Income Trust in 2019 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 22 increasing their positions, 13 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
69% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 13
7% more funds holding
Funds holding: 57 → 61 (+4)
7% more capital invested
Capital invested by funds: $76.4M → $81.6M (+$5.16M)
1.23% more ownership
Funds ownership: 19.85% → 21.08% (+1.2%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.73M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$2.08M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.99M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.67M |
| 5 |
FFA
First Foundation Advisors
Irvine,
California
|
+$784K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Almitas Capital
Santa Monica,
California
|
-$3.37M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.35M |
| 3 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$503K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$471K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$457K |
BFZ Hedge Fund Activity: Q3 2019 in Review
61 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in BlackRock CA Municipal Income Trust (BFZ) for Q3 2019, worth a combined $81.6M — up 6.7% from $76.4M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new BFZ positions and 5 closed out — a net gain of 4 holders — while 22 added to existing stakes and 13 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $2.73M. The largest seller was Almitas Capital, cutting an estimated $3.37M.
- 61 institutional investors held BlackRock CA Municipal Income Trust (BFZ) as of Q3 2019, up from 57 in Q2 2019.
- Funds reported $81.6M of BlackRock CA Municipal Income Trust stock for Q3 2019, up 6.7% quarter-over-quarter.
- 9 funds opened new BlackRock CA Municipal Income Trust positions in Q3 2019 and 5 closed out, a net change of +4 holders.
- The largest BlackRock CA Municipal Income Trust buyer in Q3 2019 was Rivernorth Capital Management, an estimated $2.73M added.
- The largest BlackRock CA Municipal Income Trust seller in Q3 2019 was Almitas Capital, an estimated $3.37M sold.
Based on aggregated 13F filings for Q3 2019.