BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND, INC
MCA
MCA was delisted on the 8th of April, 2022.
50 hedge funds and large institutions have $91M invested in BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND, INC in 2020 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 19 increasing their positions, 12 reducing their positions, and 9 closing their positions.
58% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 12
2% less capital invested
Capital invested by funds: $93.3M → $91M (-$2.24M)
6% less funds holding
Funds holding: 53 → 50 (-3)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$7.77M |
| 2 |
HCM
Hollencrest Capital Management
Newport Beach,
California
|
+$939K |
| 3 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$873K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$763K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$695K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$7.44M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.39M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$941K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$896K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$586K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCM
51
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$7.44M | -523,651 | Closed |
|
|
MIG
52
Mariner Investment Group
Harrison,
New York
| – | -$1.39M | -97,904 | Closed |
|
|
WAM
53
Wolverine Asset Management
Chicago,
Illinois
| – | -$941K | -66,275 | Closed |
|
|
LCM
54
Landscape Capital Management
Englewood,
New Jersey
| – | -$586K | -41,221 | Closed |
|
|
ACA
55
Ackerman Capital Advisors
Dallas,
Texas
| – | -$514K | -36,200 | Closed |
|
|
WCG
56
Weaver Consulting Group
Huntington Beach,
California
| – | -$58K | -4,000 | Closed |
|
|
RMAM
57
Raab & Moskowitz Asset Management
Chatham,
New Jersey
| – | -$15K | -1,100 | Closed |
|
|
TRCT
58
Tower Research Capital (TRC)
New York
| – | -$8K | -572 | Closed |
|
59
JP Morgan Chase
New York
| – | -$5K | -367 | Closed |
|
MCA Hedge Fund Activity: Q1 2020 in Review
50 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND, INC (MCA) for Q1 2020, worth a combined $91M — down 2.4% from $93.3M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of MCA and 8 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 19 added.
The largest buyer was Karpus Investment Management, adding an estimated $7.77M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $7.44M sold.
- 50 institutional investors held BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND, INC (MCA) as of Q1 2020, down from 53 in Q4 2019.
- Funds reported $91M of BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND, INC stock for Q1 2020, down 2.4% quarter-over-quarter.
- 8 funds opened new BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND, INC positions in Q1 2020 and 9 closed out, a net change of -1 holder.
- The largest BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND, INC buyer in Q1 2020 was Karpus Investment Management, an estimated $7.77M added.
- The largest BLACKROCK MUNIYIELD CALIFORNIA QUALITY FUND, INC seller in Q1 2020 was Rivernorth Capital Management, an estimated $7.44M sold.
Based on aggregated 13F filings for Q1 2020.