BlackRock CA Municipal Income Trust
BFZ
BFZ was delisted on the 6th of February, 2026.
52 hedge funds and large institutions have $117M invested in BlackRock CA Municipal Income Trust in 2024 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 15 reducing their positions, and 10 closing their positions.
3.86% less ownership
Funds ownership: 36.08% → 32.22% (-3.9%)
5% less funds holding
Funds holding: 55 → 52 (-3)
10% less capital invested
Capital invested by funds: $130M → $117M (-$12.7M)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
47% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Trilogy Capital
Irvine,
California
|
+$959K |
| 2 |
LPL Financial
San Diego,
California
|
+$750K |
| 3 |
AWS
Atria Wealth Solutions
New York
|
+$570K |
| 4 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$372K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$307K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$8.83M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$2.69M |
| 3 |
AC
Almitas Capital
Santa Monica,
California
|
-$1.45M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.06M |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$753K |
BFZ Hedge Fund Activity: Q3 2024 in Review
52 of the 6,970 institutional investors tracked by Wall St. Rank reported a position in BlackRock CA Municipal Income Trust (BFZ) for Q3 2024, worth a combined $117M — down 9.8% from $130M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of BFZ and 7 opened new positions — a net loss of 3 holders — while 15 trimmed existing stakes and 8 added.
The largest buyer was Trilogy Capital, adding an estimated $959K. The largest seller was Sit Investment Associates, cutting an estimated $8.83M.
- 52 institutional investors held BlackRock CA Municipal Income Trust (BFZ) as of Q3 2024, down from 55 in Q2 2024.
- Funds reported $117M of BlackRock CA Municipal Income Trust stock for Q3 2024, down 9.8% quarter-over-quarter.
- 7 funds opened new BlackRock CA Municipal Income Trust positions in Q3 2024 and 10 closed out, a net change of -3 holders.
- The largest BlackRock CA Municipal Income Trust buyer in Q3 2024 was Trilogy Capital, an estimated $959K added.
- The largest BlackRock CA Municipal Income Trust seller in Q3 2024 was Sit Investment Associates, an estimated $8.83M sold.
Based on aggregated 13F filings for Q3 2024.