BlackRock MuniHoldings Fund
MHD
26 hedge funds and large institutions have $18.1M invested in BlackRock MuniHoldings Fund in 2016 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 6 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
0.9% less ownership
Funds ownership: 8.13% → 7.23% (-0.9%)
6% less capital invested
Capital invested by funds: $19.3M → $18.1M (-$1.19M)
10% less funds holding
Funds holding: 29 → 26 (-3)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
M&T Bank
Buffalo,
New York
|
+$219K |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$149K |
| 3 |
LPL Financial
San Diego,
California
|
+$143K |
| 4 |
VanEck Associates
New York
|
+$100K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$57.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
-$648K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$625K |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$558K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$399K |
| 5 |
SG Americas Securities
New York
|
-$250K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LCM
26
Laurion Capital Management
New York
| – | -$648K | -37,872 | Closed |
|
|
RCM
27
Robinson Capital Management
Grosse Pointe Farms,
Michigan
| – | -$558K | -32,592 | Closed |
|
|
28
SG Americas Securities
New York
| – | -$250K | -14,618 | Closed |
|
|
CRC
29
Curi RMB Capital
Chicago,
Illinois
| – | -$177K | -10,362 | Closed |
|
|
IA
30
IFP Advisors
Tampa,
Florida
| – | -$62K | -3,625 | Closed |
|
|
ACS
31
Archford Capital Strategies
Swansea,
Illinois
| – | -$30K | -1,700 | Closed |
|
32
Citigroup
New York
| – | +$403 | +23 | New |
|
MHD Hedge Fund Activity: Q1 2016 in Review
26 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings Fund (MHD) for Q1 2016, worth a combined $18.1M — down 6.2% from $19.3M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of MHD and 3 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 8 added.
The largest buyer was M&T Bank, opening a new position worth an estimated $219K. The largest seller was Laurion Capital Management, exiting entirely with an estimated $648K sold.
- 26 institutional investors held BlackRock MuniHoldings Fund (MHD) as of Q1 2016, down from 29 in Q4 2015.
- Funds reported $18.1M of BlackRock MuniHoldings Fund stock for Q1 2016, down 6.2% quarter-over-quarter.
- 3 funds opened new BlackRock MuniHoldings Fund positions in Q1 2016 and 6 closed out, a net change of -3 holders.
- The largest BlackRock MuniHoldings Fund buyer in Q1 2016 was M&T Bank, an estimated $219K added.
- The largest BlackRock MuniHoldings Fund seller in Q1 2016 was Laurion Capital Management, an estimated $648K sold.
Based on aggregated 13F filings for Q1 2016.