BlackRock MuniAssets Fund
MUA
51 hedge funds and large institutions have $29M invested in BlackRock MuniAssets Fund in 2014 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 19 increasing their positions, 12 reducing their positions, and 7 closing their positions.
58% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 12
4% more capital invested
Capital invested by funds: $27.8M → $29M (+$1.19M)
0.04% less ownership
Funds ownership: 5.92% → 5.87% (-0.04%)
6% less funds holding
Funds holding: 54 → 51 (-3)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$494K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$242K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$209K |
| 4 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$194K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$176K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$561K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$225K |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$205K |
| 4 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
-$202K |
| 5 |
Morgan Stanley
New York
|
-$168K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
51
Tower Research Capital (TRC)
New York
| $3K | -$5.49K | -408 | -68% |
|
|
GEM
52
Global Endowment Management
Charlotte,
North Carolina
| – | -$202K | -15,360 | Closed |
|
53
AQR Capital Management
Greenwich,
Connecticut
| – | -$166K | -12,664 | Closed |
|
|
DI
54
Dalton Investments
Las Vegas,
Nevada
| – | -$165K | -12,572 | Closed |
|
|
CA
55
Cetera Advisors
Denver,
Colorado
| – | -$147K | -11,100 | Closed |
|
56
Ameriprise
Minneapolis,
Minnesota
| – | -$96K | -7,275 | Closed |
|
|
WCM
57
Wealthcare Capital Management
Richmond,
Virginia
| – | -$5K | -345 | Closed |
|
|
MA
58
MUFG Americas
New York
| – | -$1K | -56 | Closed |
|
MUA Hedge Fund Activity: Q4 2014 in Review
51 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniAssets Fund (MUA) for Q4 2014, worth a combined $29M — up 4.3% from $27.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of MUA and 5 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 19 added.
The largest buyer was Bank of America, adding an estimated $494K. The largest seller was Parametric Portfolio Associates, cutting an estimated $561K.
- 51 institutional investors held BlackRock MuniAssets Fund (MUA) as of Q4 2014, down from 54 in Q3 2014.
- Funds reported $29M of BlackRock MuniAssets Fund stock for Q4 2014, up 4.3% quarter-over-quarter.
- 5 funds opened new BlackRock MuniAssets Fund positions in Q4 2014 and 7 closed out, a net change of -2 holders.
- The largest BlackRock MuniAssets Fund buyer in Q4 2014 was Bank of America, an estimated $494K added.
- The largest BlackRock MuniAssets Fund seller in Q4 2014 was Parametric Portfolio Associates, an estimated $561K sold.
Based on aggregated 13F filings for Q4 2014.