MFS California Municipal Fund
CCA was delisted on the 11th of September, 2019.
10 hedge funds and large institutions have $3.1M invested in MFS California Municipal Fund in 2017 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 0 increasing their positions, 4 reducing their positions, and 4 closing their positions.
17% less funds holding
Funds holding: 12 → 10 (-2)
21% less capital invested
Capital invested by funds: $3.93M → $3.1M (-$825K)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$135K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$24 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$391K |
| 2 |
Morgan Stanley
New York
|
-$192K |
| 3 |
HK
Horizon Kinetics
New York
|
-$132K |
| 4 |
LPL Financial
San Diego,
California
|
-$131K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$123K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Wells Fargo
San Francisco,
California
| $1.26M | -$30.5K | -2,546 | -2% |
|
|
AAM
2
Advisors Asset Management
Monument,
Colorado
| $657K | -$5K | -417 | -0.8% |
|
|
3
UBS Group
Zurich,
Switzerland
| $369K | -$123K | -10,219 | -26% |
|
|
4
Morgan Stanley
New York
| $360K | -$192K | -15,989 | -35% |
|
5
Commonwealth Equity Services
Waltham,
Massachusetts
| $175K | – | – | – |
|
|
DI
6
Diligent Investors
Redlands,
California
| $138K | – | – | – |
|
|
PVWM
7
Point View Wealth Management
Summit,
New Jersey
| $126K | – | – | – |
|
8
Bank of America
Charlotte,
North Carolina
| $19K | – | – | – |
|
|
9
Northern Trust
Chicago,
Illinois
| $1K | +$135K | +11,232 | New |
|
|
WAM
10
Wolverine Asset Management
Chicago,
Illinois
| – | -$391K | -33,552 | Closed |
|
|
HK
11
Horizon Kinetics
New York
| – | -$132K | -11,315 | Closed |
|
|
12
LPL Financial
San Diego,
California
| – | -$131K | -11,232 | Closed |
|
|
DADC
13
D.A. Davidson & Co
Great Falls,
Montana
| – | -$11K | -1,000 | Closed |
|
|
TRCT
14
Tower Research Capital (TRC)
New York
| – | +$24 | +2 | New |
|
CCA Hedge Fund Activity: Q3 2017 in Review
10 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in MFS California Municipal Fund (CCA) for Q3 2017, worth a combined $3.1M — down 21% from $3.93M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of CCA and 2 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 0 added.
The largest buyer was Northern Trust, opening a new position worth an estimated $135K. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $391K sold.
- 10 institutional investors held MFS California Municipal Fund (CCA) as of Q3 2017, down from 12 in Q2 2017.
- Funds reported $3.1M of MFS California Municipal Fund stock for Q3 2017, down 21% quarter-over-quarter.
- 2 funds opened new MFS California Municipal Fund positions in Q3 2017 and 4 closed out, a net change of -2 holders.
- The largest MFS California Municipal Fund buyer in Q3 2017 was Northern Trust, an estimated $135K added.
- The largest MFS California Municipal Fund seller in Q3 2017 was Wolverine Asset Management, an estimated $391K sold.
Based on aggregated 13F filings for Q3 2017.