BlackRock CA Municipal Income Trust
BFZ
BFZ was delisted on the 6th of February, 2026.
57 hedge funds and large institutions have $132M invested in BlackRock CA Municipal Income Trust in 2024 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 7 closing their positions.
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
7% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 15
0% more funds holding
Funds holding: 57 → 57 (0)
1.73% less ownership
Funds ownership: 38.63% → 36.9% (-1.7%)
6% less capital invested
Capital invested by funds: $141M → $132M (-$8.66M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.9M |
| 2 |
SCM
Saba Capital Management
New York
|
+$1.54M |
| 3 |
LPL Financial
San Diego,
California
|
+$1.1M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$810K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$538K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.91M |
| 2 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$3.16M |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$2.31M |
| 4 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$1.04M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$962K |
BFZ Hedge Fund Activity: Q1 2024 in Review
57 of the 6,946 institutional investors tracked by Wall St. Rank reported a position in BlackRock CA Municipal Income Trust (BFZ) for Q1 2024, worth a combined $132M — down 6.2% from $141M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BFZ positions and 7 closed out — a net gain of 1 holder — while 16 added to existing stakes and 15 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $1.9M. The largest seller was Morgan Stanley, cutting an estimated $3.91M.
- 57 institutional investors held BlackRock CA Municipal Income Trust (BFZ) as of Q1 2024, unchanged from Q4 2023.
- Funds reported $132M of BlackRock CA Municipal Income Trust stock for Q1 2024, down 6.2% quarter-over-quarter.
- 8 funds opened new BlackRock CA Municipal Income Trust positions in Q1 2024 and 7 closed out, a net change of +1 holder.
- The largest BlackRock CA Municipal Income Trust buyer in Q1 2024 was Sit Investment Associates, an estimated $1.9M added.
- The largest BlackRock CA Municipal Income Trust seller in Q1 2024 was Morgan Stanley, an estimated $3.91M sold.
Based on aggregated 13F filings for Q1 2024.