BlackRock MuniHoldings Fund
MHD
108 hedge funds and large institutions have $277M invested in BlackRock MuniHoldings Fund in 2023 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 43 increasing their positions, 27 reducing their positions, and 10 closing their positions.
59% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 27
40% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 10
29% more capital invested
Capital invested by funds: $216M → $277M (+$61.9M)
4.46% more ownership
Funds ownership: 39.21% → 43.67% (+4.5%)
2% more funds holding
Funds holding: 106 → 108 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$10.4M |
| 2 |
BI
Bramshill Investments
Naples,
Florida
|
+$2.99M |
| 3 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.48M |
| 4 |
SCM
Saba Capital Management
New York
|
+$2.13M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.62M |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
-$1.68M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.47M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.38M |
| 5 |
Cohen & Steers
New York
|
-$501K |
MHD Hedge Fund Activity: Q4 2023 in Review
108 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings Fund (MHD) for Q4 2023, worth a combined $277M — up 29% from $216M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new MHD positions and 10 closed out — a net gain of 4 holders — while 43 added to existing stakes and 27 trimmed.
The largest buyer was Karpus Investment Management, adding an estimated $10.4M. The largest seller was Morgan Stanley, cutting an estimated $3.62M.
- 108 institutional investors held BlackRock MuniHoldings Fund (MHD) as of Q4 2023, up from 106 in Q3 2023.
- Funds reported $277M of BlackRock MuniHoldings Fund stock for Q4 2023, up 29% quarter-over-quarter.
- 14 funds opened new BlackRock MuniHoldings Fund positions in Q4 2023 and 10 closed out, a net change of +4 holders.
- The largest BlackRock MuniHoldings Fund buyer in Q4 2023 was Karpus Investment Management, an estimated $10.4M added.
- The largest BlackRock MuniHoldings Fund seller in Q4 2023 was Morgan Stanley, an estimated $3.62M sold.
Based on aggregated 13F filings for Q4 2023.