MFS California Municipal Fund
CCA was delisted on the 11th of September, 2019.
13 hedge funds and large institutions have $4M invested in MFS California Municipal Fund in 2015 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 3 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
17% more capital invested
Capital invested by funds: $3.42M → $4M (+$579K)
13% less funds holding
Funds holding: 15 → 13 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$435K |
| 2 |
LPL Financial
San Diego,
California
|
+$174K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$28.8K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$17.1K |
| 5 |
Morgan Stanley
New York
|
+$9.14K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$166K |
| 2 |
WT
Whittier Trust
South Pasadena,
California
|
-$127K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$37K |
| 4 |
DI
Diligent Investors
Redlands,
California
|
-$25.1K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$23 |
CCA Hedge Fund Activity: Q4 2015 in Review
13 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in MFS California Municipal Fund (CCA) for Q4 2015, worth a combined $4M — up 17% from $3.42M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of CCA and 1 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 5 added.
The largest buyer was Advisors Asset Management, adding an estimated $435K. The largest seller was Karpus Investment Management, exiting entirely with an estimated $166K sold.
- 13 institutional investors held MFS California Municipal Fund (CCA) as of Q4 2015, down from 15 in Q3 2015.
- Funds reported $4M of MFS California Municipal Fund stock for Q4 2015, up 17% quarter-over-quarter.
- 1 fund opened new MFS California Municipal Fund positions in Q4 2015 and 3 closed out, a net change of -2 holders.
- The largest MFS California Municipal Fund buyer in Q4 2015 was Advisors Asset Management, an estimated $435K added.
- The largest MFS California Municipal Fund seller in Q4 2015 was Karpus Investment Management, an estimated $166K sold.
Based on aggregated 13F filings for Q4 2015.