BlackRock MuniAssets Fund
MUA
58 hedge funds and large institutions have $35M invested in BlackRock MuniAssets Fund in 2018 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 14 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
7% more funds holding
Funds holding: 54 → 58 (+4)
5% more capital invested
Capital invested by funds: $33.3M → $35M (+$1.74M)
7% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 14
0.48% more ownership
Funds ownership: 6.9% → 7.38% (+0.48%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.17M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$962K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$441K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$375K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$291K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$692K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$612K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$154K |
| 4 |
LCM
Laurion Capital Management
New York
|
-$144K |
| 5 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$127K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIM
51
Advantage Investment Management
Cedar Rapids,
Iowa
| $10K | – | – | – |
|
52
Citigroup
New York
| $10K | – | – | – |
|
|
CWSR
53
Chessman Wealth Strategies RIA
Dallas,
Texas
| $9K | +$9.64K | +727 | New |
|
|
WEC
54
Winslow Evans & Crocker
Boston,
Massachusetts
| $8K | – | – | – |
|
|
SWMG
55
Signature Wealth Management Group
Atlanta,
Georgia
| $6K | – | – | – |
|
|
TCOV
56
Trust Company of Vermont
Brattleboro,
Vermont
| $5K | – | – | – |
|
|
RAM
57
Riggs Asset Management
Dallas,
Pennsylvania
| $4K | – | – | – |
|
58
Fifth Third Bancorp
Cincinnati,
Ohio
| $3K | – | – | – |
|
|
FIA
59
FNY Investment Advisers
New York
| $2K | – | – | – |
|
|
DA
60
Doliver Advisors
Houston,
Texas
| – | -$154K | -11,632 | Closed |
|
|
LCM
61
Laurion Capital Management
New York
| – | -$144K | -10,899 | Closed |
|
|
ADL
62
Asset Dedication LLC
San Francisco,
California
| – | -$17K | -1,322 | Closed |
|
MUA Hedge Fund Activity: Q3 2018 in Review
58 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniAssets Fund (MUA) for Q3 2018, worth a combined $35M — up 5.2% from $33.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new MUA positions and 3 closed out — a net gain of 4 holders — while 15 added to existing stakes and 14 trimmed.
The largest buyer was Envestnet Asset Management, opening a new position worth an estimated $1.17M. The largest seller was Curi RMB Capital, cutting an estimated $692K.
- 58 institutional investors held BlackRock MuniAssets Fund (MUA) as of Q3 2018, up from 54 in Q2 2018.
- Funds reported $35M of BlackRock MuniAssets Fund stock for Q3 2018, up 5.2% quarter-over-quarter.
- 7 funds opened new BlackRock MuniAssets Fund positions in Q3 2018 and 3 closed out, a net change of +4 holders.
- The largest BlackRock MuniAssets Fund buyer in Q3 2018 was Envestnet Asset Management, an estimated $1.17M added.
- The largest BlackRock MuniAssets Fund seller in Q3 2018 was Curi RMB Capital, an estimated $692K sold.
Based on aggregated 13F filings for Q3 2018.