BlackRock MuniHoldings Fund
MHD
26 hedge funds and large institutions have $25.2M invested in BlackRock MuniHoldings Fund in 2014 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 14 increasing their positions, 4 reducing their positions, and 4 closing their positions.
250% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 4
0.31% less ownership
Funds ownership: 11.38% → 11.07% (-0.31%)
4% less capital invested
Capital invested by funds: $26.1M → $25.2M (-$920K)
10% less funds holding
Funds holding: 29 → 26 (-3)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
+$647K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$646K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$373K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$301K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$264K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.2M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.04M |
| 3 |
FHA
First Horizon Advisors
Memphis,
Tennessee
|
-$844K |
| 4 |
AIG
American International Group
New York
|
-$311K |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$153K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NES
26
New England Securities
New York
| $3K | – | – | – |
|
|
AAM
27
Advisors Asset Management
Monument,
Colorado
| – | -$1.2M | -73,739 | Closed |
|
|
FHA
28
First Horizon Advisors
Memphis,
Tennessee
| – | -$844K | -52,020 | Closed |
|
|
BRWA
29
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$153K | -9,415 | Closed |
|
30
Barclays
London,
United Kingdom
| – | -$1K | -45 | Closed |
|
MHD Hedge Fund Activity: Q3 2014 in Review
26 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings Fund (MHD) for Q3 2014, worth a combined $25.2M — down 3.5% from $26.1M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of MHD and 1 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 14 added.
The largest buyer was Newgate Capital Management, adding an estimated $647K. The largest seller was Advisors Asset Management, exiting entirely with an estimated $1.2M sold.
- 26 institutional investors held BlackRock MuniHoldings Fund (MHD) as of Q3 2014, down from 29 in Q2 2014.
- Funds reported $25.2M of BlackRock MuniHoldings Fund stock for Q3 2014, down 3.5% quarter-over-quarter.
- 1 fund opened new BlackRock MuniHoldings Fund positions in Q3 2014 and 4 closed out, a net change of -3 holders.
- The largest BlackRock MuniHoldings Fund buyer in Q3 2014 was Newgate Capital Management, an estimated $647K added.
- The largest BlackRock MuniHoldings Fund seller in Q3 2014 was Advisors Asset Management, an estimated $1.2M sold.
Based on aggregated 13F filings for Q3 2014.