BlackRock MuniAssets Fund
MUA
50 hedge funds and large institutions have $29.6M invested in BlackRock MuniAssets Fund in 2014 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 22 increasing their positions, 8 reducing their positions, and 10 closing their positions.
175% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 8
0% less capital invested
Capital invested by funds: $29.6M → $29.6M (-$40.3K)
0.45% less ownership
Funds ownership: 7.16% → 6.71% (-0.45%)
9% less funds holding
Funds holding: 55 → 50 (-5)
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$1.02M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$791K |
| 3 |
NCM
Narwhal Capital Management
Marietta,
Georgia
|
+$609K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$325K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$214K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$775K |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$739K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$655K |
| 4 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
-$546K |
| 5 |
NCM
Newgate Capital Management
Greenwich,
Connecticut
|
-$515K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TC
51
TFS Capital
West Chester,
Pennsylvania
| – | -$739K | -63,978 | Closed |
|
|
DA
52
Doliver Advisors
Houston,
Texas
| – | -$655K | -56,697 | Closed |
|
|
PRCM
53
Pine River Capital Management
Minnetonka,
Minnesota
| – | -$546K | -47,218 | Closed |
|
|
NCM
54
Newgate Capital Management
Greenwich,
Connecticut
| – | -$515K | -44,628 | Closed |
|
|
WAM
55
Weiss Asset Management
Boston,
Massachusetts
| – | -$350K | -30,276 | Closed |
|
56
SG Americas Securities
New York
| – | -$318K | -27,553 | Closed |
|
|
VKH
57
Virtu KCG Holdings
New York
| – | -$274K | -23,687 | Closed |
|
|
KIM
58
Karpus Investment Management
Pittsford,
New York
| – | -$235K | -20,331 | Closed |
|
|
WAM
59
Wolverine Asset Management
Chicago,
Illinois
| – | -$195K | -16,920 | Closed |
|
|
GC
60
Guggenheim Capital
Chicago,
Illinois
| – | -$180K | -15,594 | Closed |
|
MUA Hedge Fund Activity: Q1 2014 in Review
50 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniAssets Fund (MUA) for Q1 2014, worth a combined $29.6M — down 0.14% from $29.6M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of MUA and 5 opened new positions — a net loss of 5 holders — while 8 trimmed existing stakes and 22 added.
The largest buyer was City of London Investment Management, opening a new position worth an estimated $1.02M. The largest seller was Invesco, cutting an estimated $775K.
- 50 institutional investors held BlackRock MuniAssets Fund (MUA) as of Q1 2014, down from 55 in Q4 2013.
- Funds reported $29.6M of BlackRock MuniAssets Fund stock for Q1 2014, down 0.14% quarter-over-quarter.
- 5 funds opened new BlackRock MuniAssets Fund positions in Q1 2014 and 10 closed out, a net change of -5 holders.
- The largest BlackRock MuniAssets Fund buyer in Q1 2014 was City of London Investment Management, an estimated $1.02M added.
- The largest BlackRock MuniAssets Fund seller in Q1 2014 was Invesco, an estimated $775K sold.
Based on aggregated 13F filings for Q1 2014.