BlackRock MuniAssets Fund
MUA
54 hedge funds and large institutions have $27.2M invested in BlackRock MuniAssets Fund in 2016 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 13 increasing their positions, 13 reducing their positions, and 5 closing their positions.
180% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 5
20% more funds holding
Funds holding: 45 → 54 (+9)
0.64% more ownership
Funds ownership: 4.99% → 5.63% (+0.64%)
0% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 13
1% less capital invested
Capital invested by funds: $27.5M → $27.2M (-$277K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$1.28M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$924K |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$745K |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$462K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$417K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.56M |
| 2 |
Morgan Stanley
New York
|
-$969K |
| 3 |
HCM
Howland Capital Management
Boston,
Massachusetts
|
-$247K |
| 4 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
-$198K |
| 5 |
VanEck Associates
New York
|
-$177K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIM
51
Advantage Investment Management
Cedar Rapids,
Iowa
| $11K | – | – | – |
|
52
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $4K | – | – | – |
|
|
RAM
53
Riggs Asset Management
Dallas,
Pennsylvania
| $4K | – | – | – |
|
|
54
Envestnet Asset Management
Chicago,
Illinois
| – | -$1.56M | -101,481 | Closed |
|
|
HCM
55
Howland Capital Management
Boston,
Massachusetts
| – | -$247K | -16,050 | Closed |
|
|
KA
56
Kovack Advisors
Ft. Lauderdale,
Florida
| – | -$161K | -10,446 | Closed |
|
|
PFO
57
Pathstone Family Office
Englewood,
New Jersey
| – | -$66K | -4,288 | Closed |
|
|
IWMPD
58
Integrated Wealth Management (Palm Desert)
Palm Desert,
California
| – | -$13K | -871 | Closed |
|
MUA Hedge Fund Activity: Q4 2016 in Review
54 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniAssets Fund (MUA) for Q4 2016, worth a combined $27.2M — down 1% from $27.5M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new MUA positions and 5 closed out — a net gain of 9 holders — while 13 added to existing stakes and 13 trimmed.
The largest buyer was Curi RMB Capital, opening a new position worth an estimated $1.28M. The largest seller was Envestnet Asset Management, exiting entirely with an estimated $1.56M sold.
- 54 institutional investors held BlackRock MuniAssets Fund (MUA) as of Q4 2016, up from 45 in Q3 2016.
- Funds reported $27.2M of BlackRock MuniAssets Fund stock for Q4 2016, down 1% quarter-over-quarter.
- 14 funds opened new BlackRock MuniAssets Fund positions in Q4 2016 and 5 closed out, a net change of +9 holders.
- The largest BlackRock MuniAssets Fund buyer in Q4 2016 was Curi RMB Capital, an estimated $1.28M added.
- The largest BlackRock MuniAssets Fund seller in Q4 2016 was Envestnet Asset Management, an estimated $1.56M sold.
Based on aggregated 13F filings for Q4 2016.