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BFZ

BlackRock CA Municipal Income Trust

Delisted

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

58 hedge funds and large institutions have $116M invested in BlackRock CA Municipal Income Trust in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 19 increasing their positions, 19 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 19

1.42% less ownership

Funds ownership: 38.65%37.24% (-1.4%)

5% less funds holding

Funds holding: 6158 (-3)

16% less capital invested

Capital invested by funds: $139M → $116M (-$22.6M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

50% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 6

Holders
58
Holders Change
-3
Holders Change %
-4.92%
% of All Funds
0.92%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
3
Increased
19
Reduced
19
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$46.4M +$3.5M +310,016 +7%
COLIM
2
City of London Investment Management
United Kingdom
$6.35M
GC
3
Guggenheim Capital
Illinois
$5.64M -$226K -20,062 -4%
RCM
4
Rivernorth Capital Management
Florida
$5.45M -$1.89M -167,502 -24%
AC
5
Almitas Capital
California
$5.44M -$2.37M -210,124 -28%
SIA
6
Sit Investment Associates
Minnesota
$5.42M +$899K +79,591 +18%
Allspring Global Investments
7
Allspring Global Investments
North Carolina
$4.79M
AAM
8
Advisors Asset Management
Colorado
$4.36M +$153K +13,578 +3%
Morgan Stanley
9
Morgan Stanley
New York
$3.77M -$61.8K -5,473 -1%
Wells Fargo
10
Wells Fargo
California
$3.75M -$823K -72,921 -17%
HWAM
11
Hennion & Walsh Asset Management
New Jersey
$3.69M +$246K +21,799 +6%
1CP
12
1607 Capital Partners
Virginia
$3.26M -$2.33M -206,019 -39%
BI
13
Bulldog Investors
New Jersey
$3.02M -$1.09M -96,215 -25%
Rockefeller Capital Management
14
Rockefeller Capital Management
New York
$1.29M +$6.02K +533 +0.4%
OIM
15
Oder Investment Management
California
$1.26M +$31.8K +2,820 +2%
HCM
16
Hollencrest Capital Management
California
$807K +$2.77K +245 +0.3%
MWM
17
Melfa Wealth Management
Massachusetts
$777K -$40.7K -3,606 -5%
WP
18
Woodline Partners
California
$772K -$1.44M -127,387 -63%
UBS Group
19
UBS Group
Switzerland
$720K +$65.4K +5,789 +9%
RCG
20
Regatta Capital Group
California
$662K -$46.2K -4,093 -6%
RCM
21
Robinson Capital Management
Michigan
$655K +$724K +64,173 New
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$590K -$47.5K -4,210 -7%
VCM
23
Vivaldi Capital Management
Illinois
$588K +$395 +35 +0.1%
MIC
24
Meridian Investment Counsel
California
$550K -$126K -11,200 -17%
LPL Financial
25
LPL Financial
California
$447K +$12.3K +1,086 +3%

BFZ Hedge Fund Activity: Q3 2023 in Review

58 of the 6,304 institutional investors tracked by Wall St. Rank reported a position in BlackRock CA Municipal Income Trust (BFZ) for Q3 2023, worth a combined $116M — down 16% from $139M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of BFZ and 3 opened new positions — a net loss of 3 holders — while 19 trimmed existing stakes and 19 added.

The largest buyer was Saba Capital Management, adding an estimated $3.5M. The largest seller was Almitas Capital, cutting an estimated $2.37M.

  • 58 institutional investors held BlackRock CA Municipal Income Trust (BFZ) as of Q3 2023, down from 61 in Q2 2023.
  • Funds reported $116M of BlackRock CA Municipal Income Trust stock for Q3 2023, down 16% quarter-over-quarter.
  • 3 funds opened new BlackRock CA Municipal Income Trust positions in Q3 2023 and 6 closed out, a net change of -3 holders.
  • The largest BlackRock CA Municipal Income Trust buyer in Q3 2023 was Saba Capital Management, an estimated $3.5M added.
  • The largest BlackRock CA Municipal Income Trust seller in Q3 2023 was Almitas Capital, an estimated $2.37M sold.

Based on aggregated 13F filings for Q3 2023.