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BFZ

BlackRock CA Municipal Income Trust

Delisted

BFZ was delisted on the 6th of February, 2026.

61 hedge funds and large institutions have $137M invested in BlackRock CA Municipal Income Trust in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 21 increasing their positions, 14 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 14

17% more capital invested

Capital invested by funds: $117M → $137M (+$20.1M)

3.01% more ownership

Funds ownership: 34.49%37.5% (+3%)

9% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 11

2% less funds holding

Funds holding: 6261 (-1)

Holders
61
Holders Change
-1
Holders Change %
-1.61%
% of All Funds
0.97%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.03%
New
10
Increased
21
Reduced
14
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$41.3M +$5.16M +457,998 +15%
RCM
2
Rivernorth Capital Management
Florida
$13.2M -$3.26M -289,349 -20%
AC
3
Almitas Capital
California
$8.75M +$8.42M +748,173 New
GC
4
Guggenheim Capital
Illinois
$7.52M +$523K +46,438 +8%
COLIM
5
City of London Investment Management
United Kingdom
$7.43M +$5.65M +502,156 +381%
1CP
6
1607 Capital Partners
Virginia
$6.96M -$346K -30,717 -5%
Wells Fargo
7
Wells Fargo
California
$5.58M -$2.53M -224,938 -32%
BI
8
Bulldog Investors
New Jersey
$5.37M +$258K +22,952 +5%
KIM
9
Karpus Investment Management
New York
$5.34M -$39.1K -3,475 -0.8%
Allspring Global Investments
10
Allspring Global Investments
North Carolina
$4.94M
AAM
11
Advisors Asset Management
Colorado
$4.85M +$507K +45,028 +12%
Morgan Stanley
12
Morgan Stanley
New York
$4.39M +$19.4K +1,722 +0.5%
HWAM
13
Hennion & Walsh Asset Management
New Jersey
$3.91M +$532K +47,294 +16%
Rockefeller Capital Management
14
Rockefeller Capital Management
New York
$1.42M +$1.37M +121,655 New
OIM
15
Oder Investment Management
California
$1.4M +$85K +7,548 +7%
RCG
16
Regatta Capital Group
California
$1.09M
MWM
17
Melfa Wealth Management
Massachusetts
$1.05M -$139K -12,341 -12%
HCM
18
Hollencrest Capital Management
California
$912K +$1.73K +154 +0.2%
DWM
19
Dakota Wealth Management
Florida
$908K -$21.4K -1,900 -2%
AA
20
AQR Arbitrage
Connecticut
$791K +$171K +15,152 +29%
UBS Group
21
UBS Group
Switzerland
$782K -$132K -11,705 -15%
MIC
22
Meridian Investment Counsel
California
$780K
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$736K -$67.3K -5,982 -9%
Millennium Management
24
Millennium Management
New York
$675K +$220K +19,518 +51%
VCM
25
Vivaldi Capital Management
Illinois
$668K +$643K +57,089 New

BFZ Hedge Fund Activity: Q1 2023 in Review

61 of the 6,277 institutional investors tracked by Wall St. Rank reported a position in BlackRock CA Municipal Income Trust (BFZ) for Q1 2023, worth a combined $137M — up 17% from $117M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of BFZ and 10 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 21 added.

The largest buyer was Almitas Capital, opening a new position worth an estimated $8.42M. The largest seller was Rivernorth Capital Management, cutting an estimated $3.26M.

  • 61 institutional investors held BlackRock CA Municipal Income Trust (BFZ) as of Q1 2023, down from 62 in Q4 2022.
  • Funds reported $137M of BlackRock CA Municipal Income Trust stock for Q1 2023, up 17% quarter-over-quarter.
  • 10 funds opened new BlackRock CA Municipal Income Trust positions in Q1 2023 and 11 closed out, a net change of -1 holder.
  • The largest BlackRock CA Municipal Income Trust buyer in Q1 2023 was Almitas Capital, an estimated $8.42M added.
  • The largest BlackRock CA Municipal Income Trust seller in Q1 2023 was Rivernorth Capital Management, an estimated $3.26M sold.

Based on aggregated 13F filings for Q1 2023.