BlackRock MuniHoldings Fund
MHD
111 hedge funds and large institutions have $195M invested in BlackRock MuniHoldings Fund in 2022 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 29 increasing their positions, 39 reducing their positions, and 13 closing their positions.
77% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 13
43% more capital invested
Capital invested by funds: $136M → $195M (+$59M)
10% more funds holding
Funds holding: 101 → 111 (+10)
7.5% more ownership
Funds ownership: 22.6% → 30.1% (+7.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
26% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$36.4M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$3.75M |
| 3 |
BI
Bramshill Investments
Naples,
Florida
|
+$3.74M |
| 4 |
WP
Woodline Partners
San Francisco,
California
|
+$2.86M |
| 5 |
Morgan Stanley
New York
|
+$2.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$4.26M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$2.93M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.03M |
| 4 |
WAM
Wakefield Asset Management
Englewood,
Colorado
|
-$1.49M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$963K |
MHD Hedge Fund Activity: Q4 2022 in Review
111 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings Fund (MHD) for Q4 2022, worth a combined $195M — up 43% from $136M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new MHD positions and 13 closed out — a net gain of 10 holders — while 29 added to existing stakes and 39 trimmed.
The largest buyer was Karpus Investment Management, opening a new position worth an estimated $36.4M. The largest seller was Hennion & Walsh Asset Management, cutting an estimated $4.26M.
- 111 institutional investors held BlackRock MuniHoldings Fund (MHD) as of Q4 2022, up from 101 in Q3 2022.
- Funds reported $195M of BlackRock MuniHoldings Fund stock for Q4 2022, up 43% quarter-over-quarter.
- 23 funds opened new BlackRock MuniHoldings Fund positions in Q4 2022 and 13 closed out, a net change of +10 holders.
- The largest BlackRock MuniHoldings Fund buyer in Q4 2022 was Karpus Investment Management, an estimated $36.4M added.
- The largest BlackRock MuniHoldings Fund seller in Q4 2022 was Hennion & Walsh Asset Management, an estimated $4.26M sold.
Based on aggregated 13F filings for Q4 2022.