MFS California Municipal Fund
CCA was delisted on the 11th of September, 2019.
11 hedge funds and large institutions have $6.81M invested in MFS California Municipal Fund in 2019 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 1 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
8% less funds holding
Funds holding: 12 → 11 (-1)
14% less capital invested
Capital invested by funds: $7.88M → $6.81M (-$1.07M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$366K |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$225K |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$96K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$13.2K |
| 5 |
BFM
Boothbay Fund Management
New York
|
+$2.91K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$157K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$151K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$23.8K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCM
1
Saba Capital Management
New York
| $4.62M | – | – | – |
|
|
2
Wells Fargo
San Francisco,
California
| $900K | -$23.8K | -2,039 | -3% |
|
|
SIA
3
Sit Investment Associates
Minneapolis,
Minnesota
| $490K | +$366K | +31,418 | +325% |
|
|
4
Morgan Stanley
New York
| $248K | -$157K | -13,482 | -39% |
|
|
5
UBS Group
Zurich,
Switzerland
| $173K | +$13.2K | +1,131 | +8% |
|
|
RJA
6
Raymond James & Associates
St Petersburg,
Florida
| $128K | -$151K | -12,936 | -55% |
|
|
BFM
7
Boothbay Fund Management
New York
| $123K | +$2.91K | +250 | +2% |
|
8
Royal Bank of Canada
Toronto,
Ontario, Canada
| $108K | – | – | – |
|
9
Bank of America
Charlotte,
North Carolina
| $18K | – | – | – |
|
|
BI
10
Bulldog Investors
Saddle Brook,
New Jersey
| $949 | +$225K | +19,303 | +32% |
|
|
RCM
11
Rivernorth Capital Management
West Palm Beach,
Florida
| $874 | +$96K | +8,236 | +13% |
|
|
TRCT
12
Tower Research Capital (TRC)
New York
| – | -$2K | -200 | Closed |
|
CCA Hedge Fund Activity: Q2 2019 in Review
11 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in MFS California Municipal Fund (CCA) for Q2 2019, worth a combined $6.81M — down 14% from $7.88M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of CCA and 0 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 5 added.
The largest buyer was Sit Investment Associates, adding an estimated $366K. The largest seller was Morgan Stanley, cutting an estimated $157K.
- 11 institutional investors held MFS California Municipal Fund (CCA) as of Q2 2019, down from 12 in Q1 2019.
- Funds reported $6.81M of MFS California Municipal Fund stock for Q2 2019, down 14% quarter-over-quarter.
- 0 funds opened new MFS California Municipal Fund positions in Q2 2019 and 1 closed out, a net change of -1 holder.
- The largest MFS California Municipal Fund buyer in Q2 2019 was Sit Investment Associates, an estimated $366K added.
- The largest MFS California Municipal Fund seller in Q2 2019 was Morgan Stanley, an estimated $157K sold.
Based on aggregated 13F filings for Q2 2019.