BlackRock MuniHoldings Fund
MHD
28 hedge funds and large institutions have $21.7M invested in BlackRock MuniHoldings Fund in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
33% more capital invested
Capital invested by funds: $16.2M → $21.7M (+$5.42M)
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
8% more funds holding
Funds holding: 26 → 28 (+2)
1.9% more ownership
Funds ownership: 7.93% → 9.83% (+1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.88M |
| 2 |
MSL
Mackay Shields LLC
New York
|
+$1.16M |
| 3 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
+$899K |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$810K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$215K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$415K |
| 2 |
SG Americas Securities
New York
|
-$203K |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$181K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$155K |
| 5 |
Barclays
London,
United Kingdom
|
-$78.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NES
26
New England Securities
New York
| $3K | – | – | – |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $1K | +$508 | +33 | New |
|
|
28
SG Americas Securities
New York
| – | -$203K | -14,001 | Closed |
|
|
TC
29
TFS Capital
West Chester,
Pennsylvania
| – | -$155K | -10,702 | Closed |
|
|
30
Barclays
London,
United Kingdom
| – | -$78.3K | -5,091 | -100% |
|
MHD Hedge Fund Activity: Q1 2014 in Review
28 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings Fund (MHD) for Q1 2014, worth a combined $21.7M — up 33% from $16.2M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new MHD positions and 2 closed out — a net gain of 2 holders — while 10 added to existing stakes and 8 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $1.88M. The largest seller was Advisors Asset Management, cutting an estimated $415K.
- 28 institutional investors held BlackRock MuniHoldings Fund (MHD) as of Q1 2014, up from 26 in Q4 2013.
- Funds reported $21.7M of BlackRock MuniHoldings Fund stock for Q1 2014, up 33% quarter-over-quarter.
- 4 funds opened new BlackRock MuniHoldings Fund positions in Q1 2014 and 2 closed out, a net change of +2 holders.
- The largest BlackRock MuniHoldings Fund buyer in Q1 2014 was Sit Investment Associates, an estimated $1.88M added.
- The largest BlackRock MuniHoldings Fund seller in Q1 2014 was Advisors Asset Management, an estimated $415K sold.
Based on aggregated 13F filings for Q1 2014.