BlackRock CA Municipal Income Trust
BFZ
BFZ was delisted on the 6th of February, 2026.
70 hedge funds and large institutions have $130M invested in BlackRock CA Municipal Income Trust in 2022 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 24 increasing their positions, 16 reducing their positions, and 7 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 16
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
1% more funds holding
Funds holding: 69 → 70 (+1)
0.79% more ownership
Funds ownership: 35.98% → 36.77% (+0.79%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less capital invested
Capital invested by funds: $138M → $130M (-$7.96M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$3.7M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$3.66M |
| 3 |
SCM
Saba Capital Management
New York
|
+$3.16M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$795K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$8.52M |
| 2 |
MCA
Magnolia Capital Advisors
Jackson,
Mississippi
|
-$1.93M |
| 3 |
RCG
Regatta Capital Group
El Segundo,
California
|
-$1.3M |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$904K |
| 5 |
AWS
AJ Wealth Strategies
New York
|
-$621K |
BFZ Hedge Fund Activity: Q2 2022 in Review
70 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in BlackRock CA Municipal Income Trust (BFZ) for Q2 2022, worth a combined $130M — down 5.8% from $138M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BFZ positions and 7 closed out — a net gain of 1 holder — while 24 added to existing stakes and 16 trimmed.
The largest buyer was Allspring Global Investments, opening a new position worth an estimated $3.7M. The largest seller was Karpus Investment Management, cutting an estimated $8.52M.
- 70 institutional investors held BlackRock CA Municipal Income Trust (BFZ) as of Q2 2022, up from 69 in Q1 2022.
- Funds reported $130M of BlackRock CA Municipal Income Trust stock for Q2 2022, down 5.8% quarter-over-quarter.
- 8 funds opened new BlackRock CA Municipal Income Trust positions in Q2 2022 and 7 closed out, a net change of +1 holder.
- The largest BlackRock CA Municipal Income Trust buyer in Q2 2022 was Allspring Global Investments, an estimated $3.7M added.
- The largest BlackRock CA Municipal Income Trust seller in Q2 2022 was Karpus Investment Management, an estimated $8.52M sold.
Based on aggregated 13F filings for Q2 2022.