BlackRock MuniHoldings Fund
113 hedge funds and large institutions have $300M invested in BlackRock MuniHoldings Fund in 2025 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 28 increasing their positions, 33 reducing their positions, and 7 closing their positions.
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
12% more capital inflows, than outflows
Capital inflows: $11.3M | Capital outflows: $10.1M
4% more funds holding
Funds holding: 109 → 113 (+4)
0.2% more ownership
Funds ownership: 47.8% → 48.01% (+0.2%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
15% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
+$1.74M |
| 2 |
City of London Investment Management
London,
United Kingdom
|
+$1.45M |
| 3 |
Guggenheim Capital
Chicago,
Illinois
|
+$1.4M |
| 4 |
LPL Financial
San Diego,
California
|
+$1.21M |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$629K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$2.33M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.6M |
| 3 |
Pathstone Holdings
Englewood,
New Jersey
|
-$1.3M |
| 4 |
Wolverine Asset Management
Chicago,
Illinois
|
-$1.01M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$857K |
MHD Hedge Fund Activity: Q3 2025 in Review
113 of the 7,657 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings Fund (MHD) for Q3 2025, worth a combined $300M — up 5.3% from $284M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new MHD positions and 7 closed out — a net gain of 4 holders — while 28 added to existing stakes and 33 trimmed.
The largest buyer was Toronto Dominion Bank, adding an estimated $1.74M. The largest seller was Robinson Capital Management, cutting an estimated $2.33M.
- 113 institutional investors held BlackRock MuniHoldings Fund (MHD) as of Q3 2025, up from 109 in Q2 2025.
- Funds reported $300M of BlackRock MuniHoldings Fund stock for Q3 2025, up 5.3% quarter-over-quarter.
- 11 funds opened new BlackRock MuniHoldings Fund positions in Q3 2025 and 7 closed out, a net change of +4 holders.
- The largest BlackRock MuniHoldings Fund buyer in Q3 2025 was Toronto Dominion Bank, an estimated $1.74M added.
- The largest BlackRock MuniHoldings Fund seller in Q3 2025 was Robinson Capital Management, an estimated $2.33M sold.
Based on aggregated 13F filings for Q3 2025.