MFS California Municipal Fund
CCA was delisted on the 11th of September, 2019.
14 hedge funds and large institutions have $5.78M invested in MFS California Municipal Fund in 2018 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
36% more capital invested
Capital invested by funds: $4.26M → $5.78M (+$1.52M)
8% more funds holding
Funds holding: 13 → 14 (+1)
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$880K |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$526K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$108K |
| 4 |
Morgan Stanley
New York
|
+$97.7K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$23.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$438K |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
-$219K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$180K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$64.8K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$58.8K |
CCA Hedge Fund Activity: Q4 2018 in Review
14 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in MFS California Municipal Fund (CCA) for Q4 2018, worth a combined $5.78M — up 36% from $4.26M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new CCA positions and 1 closed out — a net gain of 1 holder — while 4 added to existing stakes and 6 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $880K. The largest seller was Wells Fargo, cutting an estimated $438K.
- 14 institutional investors held MFS California Municipal Fund (CCA) as of Q4 2018, up from 13 in Q3 2018.
- Funds reported $5.78M of MFS California Municipal Fund stock for Q4 2018, up 36% quarter-over-quarter.
- 2 funds opened new MFS California Municipal Fund positions in Q4 2018 and 1 closed out, a net change of +1 holder.
- The largest MFS California Municipal Fund buyer in Q4 2018 was Saba Capital Management, an estimated $880K added.
- The largest MFS California Municipal Fund seller in Q4 2018 was Wells Fargo, an estimated $438K sold.
Based on aggregated 13F filings for Q4 2018.