BlackRock MuniAssets Fund
MUA
57 hedge funds and large institutions have $31.5M invested in BlackRock MuniAssets Fund in 2018 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 12 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
8% more funds holding
Funds holding: 53 → 57 (+4)
8% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 12
0.62% more ownership
Funds ownership: 5.87% → 6.48% (+0.62%)
0% less capital invested
Capital invested by funds: $31.6M → $31.5M (-$140K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$1.39M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.13M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$755K |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$469K |
| 5 |
Morgan Stanley
New York
|
+$263K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$513K |
| 2 |
NCM
Narwhal Capital Management
Marietta,
Georgia
|
-$433K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$297K |
| 4 |
AW
ACG Wealth
Atlanta,
Georgia
|
-$225K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$140K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CTC
51
Central Trust Company
Jefferson City,
Missouri
| $15K | – | – | – |
|
|
OFS
52
Orrstown Financial Services
Harrisburg,
Pennsylvania
| $15K | – | – | – |
|
|
AIM
53
Advantage Investment Management
Cedar Rapids,
Iowa
| $11K | – | – | – |
|
|
APA
54
American Portfolios Advisors
Holbrook,
New York
| $10.7K | +$11.1K | +796 | New |
|
55
Citigroup
New York
| $9K | +$4.9K | +350 | +100% |
|
|
WEC
56
Winslow Evans & Crocker
Boston,
Massachusetts
| $6.75K | -$6.3K | -450 | -47% |
|
|
SWMG
57
Signature Wealth Management Group
Atlanta,
Georgia
| $6K | – | – | – |
|
|
GFP
58
Gryphon Financial Partners
Columbus,
Ohio
| $4K | – | – | – |
|
|
RAM
59
Riggs Asset Management
Dallas,
Pennsylvania
| $4K | – | – | – |
|
|
CAN
60
Cetera Advisor Networks
El Segundo,
California
| – | -$513K | -34,351 | Closed |
|
|
AW
61
ACG Wealth
Atlanta,
Georgia
| – | -$225K | -15,000 | Closed |
|
|
SWM
62
SeaCrest Wealth Management
Purchase,
New York
| – | -$15K | -1,000 | Closed |
|
MUA Hedge Fund Activity: Q1 2018 in Review
57 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniAssets Fund (MUA) for Q1 2018, worth a combined $31.5M — down 0.44% from $31.6M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new MUA positions and 3 closed out — a net gain of 4 holders — while 13 added to existing stakes and 12 trimmed.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $1.39M. The largest seller was Cetera Advisor Networks, exiting entirely with an estimated $513K sold.
- 57 institutional investors held BlackRock MuniAssets Fund (MUA) as of Q1 2018, up from 53 in Q4 2017.
- Funds reported $31.5M of BlackRock MuniAssets Fund stock for Q1 2018, down 0.44% quarter-over-quarter.
- 7 funds opened new BlackRock MuniAssets Fund positions in Q1 2018 and 3 closed out, a net change of +4 holders.
- The largest BlackRock MuniAssets Fund buyer in Q1 2018 was Laurion Capital Management, an estimated $1.39M added.
- The largest BlackRock MuniAssets Fund seller in Q1 2018 was Cetera Advisor Networks, an estimated $513K sold.
Based on aggregated 13F filings for Q1 2018.