BlackRock CA Municipal Income Trust
BFZ
BFZ was delisted on the 6th of February, 2026.
61 hedge funds and large institutions have $126M invested in BlackRock CA Municipal Income Trust in 2020 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 20 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
6% more capital invested
Capital invested by funds: $118M → $126M (+$7.54M)
3% more funds holding
Funds holding: 59 → 61 (+2)
1.81% more ownership
Funds ownership: 28.35% → 30.16% (+1.8%)
20% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$10.2M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.23M |
| 3 |
VPIM
Vanguard Personalized Indexing Management
Oakland,
California
|
+$1.63M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$984K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$646K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$3.92M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$2.32M |
| 3 |
AWS
AJ Wealth Strategies
New York
|
-$739K |
| 4 |
SCM
Saba Capital Management
New York
|
-$539K |
| 5 |
FFA
First Foundation Advisors
Irvine,
California
|
-$481K |
BFZ Hedge Fund Activity: Q3 2020 in Review
61 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in BlackRock CA Municipal Income Trust (BFZ) for Q3 2020, worth a combined $126M — up 6.4% from $118M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BFZ positions and 5 closed out — a net gain of 2 holders — while 16 added to existing stakes and 20 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $10.2M. The largest seller was Sit Investment Associates, cutting an estimated $3.92M.
- 61 institutional investors held BlackRock CA Municipal Income Trust (BFZ) as of Q3 2020, up from 59 in Q2 2020.
- Funds reported $126M of BlackRock CA Municipal Income Trust stock for Q3 2020, up 6.4% quarter-over-quarter.
- 7 funds opened new BlackRock CA Municipal Income Trust positions in Q3 2020 and 5 closed out, a net change of +2 holders.
- The largest BlackRock CA Municipal Income Trust buyer in Q3 2020 was Karpus Investment Management, an estimated $10.2M added.
- The largest BlackRock CA Municipal Income Trust seller in Q3 2020 was Sit Investment Associates, an estimated $3.92M sold.
Based on aggregated 13F filings for Q3 2020.