BlackRock MuniAssets Fund
MUA
48 hedge funds and large institutions have $27.4M invested in BlackRock MuniAssets Fund in 2017 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 9 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
1% more capital invested
Capital invested by funds: $27.2M → $27.4M (+$175K)
0.25% less ownership
Funds ownership: 5.63% → 5.39% (-0.25%)
11% less funds holding
Funds holding: 54 → 48 (-6)
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.02M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$888K |
| 3 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$340K |
| 4 |
OC
Oarsman Capital
Milwaukee,
Wisconsin
|
+$278K |
| 5 |
Morgan Stanley
New York
|
+$249K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.24M |
| 2 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$723K |
| 3 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$448K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$405K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$366K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MIG
51
Mariner Investment Group
Harrison,
New York
| – | -$448K | -33,292 | Closed |
|
|
DA
52
Doliver Advisors
Houston,
Texas
| – | -$405K | -30,029 | Closed |
|
|
VKH
53
Virtu KCG Holdings
New York
| – | -$366K | -27,171 | Closed |
|
|
WAM
54
Weiss Asset Management
Boston,
Massachusetts
| – | -$252K | -18,735 | Closed |
|
55
Squarepoint
New York
| – | -$194K | -14,400 | Closed |
|
|
WAM
56
Wolverine Asset Management
Chicago,
Illinois
| – | -$124K | -9,271 | Closed |
|
57
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$4K | -300 | Closed |
|
MUA Hedge Fund Activity: Q1 2017 in Review
48 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniAssets Fund (MUA) for Q1 2017, worth a combined $27.4M — up 0.64% from $27.2M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of MUA and 4 opened new positions — a net loss of 5 holders — while 10 trimmed existing stakes and 14 added.
The largest buyer was Wells Fargo, adding an estimated $1.02M. The largest seller was Curi RMB Capital, exiting entirely with an estimated $1.24M sold.
- 48 institutional investors held BlackRock MuniAssets Fund (MUA) as of Q1 2017, down from 54 in Q4 2016.
- Funds reported $27.4M of BlackRock MuniAssets Fund stock for Q1 2017, up 0.64% quarter-over-quarter.
- 4 funds opened new BlackRock MuniAssets Fund positions in Q1 2017 and 9 closed out, a net change of -5 holders.
- The largest BlackRock MuniAssets Fund buyer in Q1 2017 was Wells Fargo, an estimated $1.02M added.
- The largest BlackRock MuniAssets Fund seller in Q1 2017 was Curi RMB Capital, an estimated $1.24M sold.
Based on aggregated 13F filings for Q1 2017.