MFS California Municipal Fund
CCA was delisted on the 11th of September, 2019.
3 hedge funds and large institutions have $1.77M invested in MFS California Municipal Fund in 2019 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 0 reducing their positions, and 9 closing their positions.
25.93% less ownership
Funds ownership: 25.93% → 0% (-26%)
73% less funds holding
Funds holding: 11 → 3 (-8)
80% less capital invested
Capital invested by funds: $8.63M → $1.77M (-$6.86M)
89% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$152K |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$129K |
| 3 |
PA
Parallel Advisors
San Francisco,
California
|
+$12.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$4.62M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$949K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$900K |
| 4 |
Morgan Stanley
New York
|
-$248K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$173K |
CCA Hedge Fund Activity: Q3 2019 in Review
3 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in MFS California Municipal Fund (CCA) for Q3 2019, worth a combined $1.77M — down 80% from $8.63M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of CCA and 1 opened new positions — a net loss of 8 holders — while 0 trimmed existing stakes and 2 added.
The largest buyer was Sit Investment Associates, adding an estimated $152K. The largest seller was Saba Capital Management, exiting entirely with an estimated $4.62M sold.
- 3 institutional investors held MFS California Municipal Fund (CCA) as of Q3 2019, down from 11 in Q2 2019.
- Funds reported $1.77M of MFS California Municipal Fund stock for Q3 2019, down 80% quarter-over-quarter.
- 1 fund opened new MFS California Municipal Fund positions in Q3 2019 and 9 closed out, a net change of -8 holders.
- The largest MFS California Municipal Fund buyer in Q3 2019 was Sit Investment Associates, an estimated $152K added.
- The largest MFS California Municipal Fund seller in Q3 2019 was Saba Capital Management, an estimated $4.62M sold.
Based on aggregated 13F filings for Q3 2019.