BlackRock MuniAssets Fund
MUA
51 hedge funds and large institutions have $26M invested in BlackRock MuniAssets Fund in 2015 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 15 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
9% more capital invested
Capital invested by funds: $23.9M → $26M (+$2.04M)
2% more funds holding
Funds holding: 50 → 51 (+1)
0.13% more ownership
Funds ownership: 4.95% → 5.08% (+0.13%)
7% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$547K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$314K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$269K |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$201K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$162K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$922K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$195K |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$144K |
| 4 |
Morgan Stanley
New York
|
-$93.2K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$67K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| $2K | -$27.9K | -2,040 | -92% |
|
|
52
Invesco
Atlanta,
Georgia
| – | -$922K | -68,246 | Closed |
|
|
MCTP
53
MPAM Credit Trading Partners
Cleveland,
Ohio
| – | -$407K | -30,110 | Closed |
|
|
BTS
54
BB&T Securities
Richmond,
Virginia
| – | -$144K | -10,666 | Closed |
|
|
TWA
55
TCI Wealth Advisors
Tucson,
Arizona
| – | -$2K | -182 | Closed |
|
|
IA
56
IFP Advisors
Tampa,
Florida
| – | +$123 | +9 | New |
|
MUA Hedge Fund Activity: Q4 2015 in Review
51 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniAssets Fund (MUA) for Q4 2015, worth a combined $26M — up 8.5% from $23.9M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new MUA positions and 4 closed out — a net gain of 1 holder — while 14 added to existing stakes and 15 trimmed.
The largest buyer was LPL Financial, adding an estimated $547K. The largest seller was Invesco, exiting entirely with an estimated $922K sold.
- 51 institutional investors held BlackRock MuniAssets Fund (MUA) as of Q4 2015, up from 50 in Q3 2015.
- Funds reported $26M of BlackRock MuniAssets Fund stock for Q4 2015, up 8.5% quarter-over-quarter.
- 5 funds opened new BlackRock MuniAssets Fund positions in Q4 2015 and 4 closed out, a net change of +1 holder.
- The largest BlackRock MuniAssets Fund buyer in Q4 2015 was LPL Financial, an estimated $547K added.
- The largest BlackRock MuniAssets Fund seller in Q4 2015 was Invesco, an estimated $922K sold.
Based on aggregated 13F filings for Q4 2015.