BLACKROCK MUNIHOLDINGS INVESTMENT QUALITY FUND
MFL
MFL was delisted on the 8th of April, 2022.
66 hedge funds and large institutions have $124M invested in BLACKROCK MUNIHOLDINGS INVESTMENT QUALITY FUND in 2021 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 23 increasing their positions, 16 reducing their positions, and 12 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 16
7% more capital invested
Capital invested by funds: $117M → $124M (+$7.59M)
8% less funds holding
Funds holding: 72 → 66 (-6)
50% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 12
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$4.06M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.17M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.02M |
| 4 |
Morgan Stanley
New York
|
+$856K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$742K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$3.76M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$1.23M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$1.12M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$952K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$767K |
MFL Hedge Fund Activity: Q1 2021 in Review
66 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in BLACKROCK MUNIHOLDINGS INVESTMENT QUALITY FUND (MFL) for Q1 2021, worth a combined $124M — up 6.5% from $117M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of MFL and 6 opened new positions — a net loss of 6 holders — while 16 trimmed existing stakes and 23 added.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $4.06M. The largest seller was Robinson Capital Management, cutting an estimated $3.76M.
- 66 institutional investors held BLACKROCK MUNIHOLDINGS INVESTMENT QUALITY FUND (MFL) as of Q1 2021, down from 72 in Q4 2020.
- Funds reported $124M of BLACKROCK MUNIHOLDINGS INVESTMENT QUALITY FUND stock for Q1 2021, up 6.5% quarter-over-quarter.
- 6 funds opened new BLACKROCK MUNIHOLDINGS INVESTMENT QUALITY FUND positions in Q1 2021 and 12 closed out, a net change of -6 holders.
- The largest BLACKROCK MUNIHOLDINGS INVESTMENT QUALITY FUND buyer in Q1 2021 was Rivernorth Capital Management, an estimated $4.06M added.
- The largest BLACKROCK MUNIHOLDINGS INVESTMENT QUALITY FUND seller in Q1 2021 was Robinson Capital Management, an estimated $3.76M sold.
Based on aggregated 13F filings for Q1 2021.