BLACKROCK MUNIHOLDINGS INVESTMENT QUALITY FUND
MFL
MFL was delisted on the 8th of April, 2022.
68 hedge funds and large institutions have $111M invested in BLACKROCK MUNIHOLDINGS INVESTMENT QUALITY FUND in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 22 reducing their positions, and 12 closing their positions.
9% less funds holding
Funds holding: 75 → 68 (-7)
12% less capital invested
Capital invested by funds: $125M → $111M (-$14.4M)
32% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 22
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
58% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$6.26M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.18M |
| 3 |
STA
Summit Trail Advisors
New York
|
+$638K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$82.9K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$71.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$4.58M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$3.1M |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$3.04M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.44M |
| 5 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
-$1.03M |
MFL Hedge Fund Activity: Q2 2020 in Review
68 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in BLACKROCK MUNIHOLDINGS INVESTMENT QUALITY FUND (MFL) for Q2 2020, worth a combined $111M — down 12% from $125M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of MFL and 5 opened new positions — a net loss of 7 holders — while 22 trimmed existing stakes and 15 added.
The largest buyer was Bank of America, adding an estimated $6.26M. The largest seller was Karpus Investment Management, cutting an estimated $4.58M.
- 68 institutional investors held BLACKROCK MUNIHOLDINGS INVESTMENT QUALITY FUND (MFL) as of Q2 2020, down from 75 in Q1 2020.
- Funds reported $111M of BLACKROCK MUNIHOLDINGS INVESTMENT QUALITY FUND stock for Q2 2020, down 12% quarter-over-quarter.
- 5 funds opened new BLACKROCK MUNIHOLDINGS INVESTMENT QUALITY FUND positions in Q2 2020 and 12 closed out, a net change of -7 holders.
- The largest BLACKROCK MUNIHOLDINGS INVESTMENT QUALITY FUND buyer in Q2 2020 was Bank of America, an estimated $6.26M added.
- The largest BLACKROCK MUNIHOLDINGS INVESTMENT QUALITY FUND seller in Q2 2020 was Karpus Investment Management, an estimated $4.58M sold.
Based on aggregated 13F filings for Q2 2020.