MFS California Municipal Fund
CCA was delisted on the 11th of September, 2019.
3 hedge funds and large institutions have $697K 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.
73% less funds holding
Funds holding: 11 → 3 (-8)
89% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 9
90% less capital invested
Capital invested by funds: $6.81M → $697K (-$6.11M)
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 |
Wells Fargo
San Francisco,
California
|
-$900K |
| 3 |
Morgan Stanley
New York
|
-$248K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$173K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$128K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIA
1
Sit Investment Associates
Minneapolis,
Minnesota
| $683K | +$152K | +12,197 | +30% |
|
|
PA
2
Parallel Advisors
San Francisco,
California
| $13K | +$12.5K | +1,000 | New |
|
|
RCM
3
Rivernorth Capital Management
West Palm Beach,
Florida
| $1.07K | +$129K | +10,300 | +14% |
|
|
SCM
4
Saba Capital Management
New York
| – | -$4.62M | -387,234 | Closed |
|
|
BI
5
Bulldog Investors
Saddle Brook,
New Jersey
| – | -$949 | -79,506 | Closed |
|
|
6
Wells Fargo
San Francisco,
California
| – | -$900K | -75,446 | Closed |
|
|
7
Morgan Stanley
New York
| – | -$248K | -20,788 | Closed |
|
|
8
UBS Group
Zurich,
Switzerland
| – | -$173K | -14,532 | Closed |
|
|
RJA
9
Raymond James & Associates
St Petersburg,
Florida
| – | -$128K | -10,719 | Closed |
|
|
BFM
10
Boothbay Fund Management
New York
| – | -$123K | -10,337 | Closed |
|
11
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$108K | -9,031 | Closed |
|
12
Bank of America
Charlotte,
North Carolina
| – | -$18K | -1,500 | Closed |
|
CCA Hedge Fund Activity: Q3 2019 in Review
3 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in MFS California Municipal Fund (CCA) for Q3 2019, worth a combined $697K — down 90% from $6.81M 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 $697K of MFS California Municipal Fund stock for Q3 2019, down 90% 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.