BlackRock MuniHoldings Fund
MHD
29 hedge funds and large institutions have $23.5M invested in BlackRock MuniHoldings Fund in 2014 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
12% more funds holding
Funds holding: 26 → 29 (+3)
1.28% less ownership
Funds ownership: 11.07% → 9.79% (-1.3%)
7% less capital invested
Capital invested by funds: $25.2M → $23.5M (-$1.64M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.26M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$484K |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$315K |
| 4 |
OC
Oppenheimer & Co
New York
|
+$208K |
| 5 |
Mariner
Overland Park,
Kansas
|
+$196K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$2.03M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.94M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$778K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$775K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$228K |
MHD Hedge Fund Activity: Q4 2014 in Review
29 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings Fund (MHD) for Q4 2014, worth a combined $23.5M — down 6.5% from $25.2M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new MHD positions and 5 closed out — a net gain of 4 holders — while 7 added to existing stakes and 6 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $1.26M. The largest seller was Newgate Capital Management, exiting entirely with an estimated $2.03M sold.
- 29 institutional investors held BlackRock MuniHoldings Fund (MHD) as of Q4 2014, up from 26 in Q3 2014.
- Funds reported $23.5M of BlackRock MuniHoldings Fund stock for Q4 2014, down 6.5% quarter-over-quarter.
- 9 funds opened new BlackRock MuniHoldings Fund positions in Q4 2014 and 5 closed out, a net change of +4 holders.
- The largest BlackRock MuniHoldings Fund buyer in Q4 2014 was Karpus Investment Management, an estimated $1.26M added.
- The largest BlackRock MuniHoldings Fund seller in Q4 2014 was Newgate Capital Management, an estimated $2.03M sold.
Based on aggregated 13F filings for Q4 2014.