MFS California Municipal Fund
CCA was delisted on the 11th of September, 2019.
12 hedge funds and large institutions have $7.88M invested in MFS California Municipal Fund in 2019 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 6 closing their positions.
36% more capital invested
Capital invested by funds: $5.78M → $7.88M (+$2.1M)
14% less funds holding
Funds holding: 14 → 12 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$3.27M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$659K |
| 3 |
BFM
Boothbay Fund Management
New York
|
+$110K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$106K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$59K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Almitas Capital
Santa Monica,
California
|
-$928K |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
-$643K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$370K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$291K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$190K |
CCA Hedge Fund Activity: Q1 2019 in Review
12 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in MFS California Municipal Fund (CCA) for Q1 2019, worth a combined $7.88M — up 36% from $5.78M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of CCA and 4 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 2 added.
The largest buyer was Saba Capital Management, adding an estimated $3.27M. The largest seller was Almitas Capital, exiting entirely with an estimated $928K sold.
- 12 institutional investors held MFS California Municipal Fund (CCA) as of Q1 2019, down from 14 in Q4 2018.
- Funds reported $7.88M of MFS California Municipal Fund stock for Q1 2019, up 36% quarter-over-quarter.
- 4 funds opened new MFS California Municipal Fund positions in Q1 2019 and 6 closed out, a net change of -2 holders.
- The largest MFS California Municipal Fund buyer in Q1 2019 was Saba Capital Management, an estimated $3.27M added.
- The largest MFS California Municipal Fund seller in Q1 2019 was Almitas Capital, an estimated $928K sold.
Based on aggregated 13F filings for Q1 2019.