BlackRock MuniAssets Fund
MUA
53 hedge funds and large institutions have $31M invested in BlackRock MuniAssets Fund in 2017 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 16 increasing their positions, 12 reducing their positions, and 4 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 12
3% more capital invested
Capital invested by funds: $30.1M → $31M (+$835K)
0.09% more ownership
Funds ownership: 5.62% → 5.71% (+0.09%)
2% less funds holding
Funds holding: 54 → 53 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$806K |
| 2 |
BO
Bank OZK
Little Rock,
Arkansas
|
+$239K |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$118K |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$108K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$97.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WS
Wedbush Securities
Los Angeles,
California
|
-$246K |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$203K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$169K |
| 4 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$131K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$125K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIM
51
Advantage Investment Management
Cedar Rapids,
Iowa
| $12K | – | – | – |
|
|
RAM
52
Riggs Asset Management
Dallas,
Pennsylvania
| $5K | – | – | – |
|
53
Fifth Third Bancorp
Cincinnati,
Ohio
| $3K | – | – | – |
|
|
WS
54
Wedbush Securities
Los Angeles,
California
| – | -$246K | -16,452 | Closed |
|
|
MF
55
Magnetar Financial
Evanston,
Illinois
| – | -$203K | -13,587 | Closed |
|
|
56
Creative Planning
Overland Park,
Kansas
| – | -$125K | -8,375 | Closed |
|
|
NFG
57
Next Financial Group
Houston,
Texas
| – | -$10K | -692 | Closed |
|
MUA Hedge Fund Activity: Q3 2017 in Review
53 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniAssets Fund (MUA) for Q3 2017, worth a combined $31M — up 2.8% from $30.1M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of MUA and 3 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 16 added.
The largest buyer was Raymond James & Associates, adding an estimated $806K. The largest seller was Wedbush Securities, exiting entirely with an estimated $246K sold.
- 53 institutional investors held BlackRock MuniAssets Fund (MUA) as of Q3 2017, down from 54 in Q2 2017.
- Funds reported $31M of BlackRock MuniAssets Fund stock for Q3 2017, up 2.8% quarter-over-quarter.
- 3 funds opened new BlackRock MuniAssets Fund positions in Q3 2017 and 4 closed out, a net change of -1 holder.
- The largest BlackRock MuniAssets Fund buyer in Q3 2017 was Raymond James & Associates, an estimated $806K added.
- The largest BlackRock MuniAssets Fund seller in Q3 2017 was Wedbush Securities, an estimated $246K sold.
Based on aggregated 13F filings for Q3 2017.