BlackRock MuniAssets Fund
MUA
57 hedge funds and large institutions have $46.2M invested in BlackRock MuniAssets Fund in 2019 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 15 reducing their positions, and 6 closing their positions.
12% more capital invested
Capital invested by funds: $41.2M → $46.2M (+$5.02M)
0.41% more ownership
Funds ownership: 7.69% → 8.09% (+0.41%)
0% more funds holding
Funds holding: 57 → 57 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
7% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KeyBank National Association
Cleveland,
Ohio
|
+$2.61M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$340K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$253K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$251K |
| 5 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$227K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GFPC
Global Financial Private Capital
Sarasota,
Florida
|
-$667K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$373K |
| 3 |
NCM
Narwhal Capital Management
Marietta,
Georgia
|
-$329K |
| 4 |
VF
Virtu Financial
New York
|
-$249K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$134K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFG
51
Next Financial Group
Houston,
Texas
| $11K | +$10.5K | +692 | New |
|
52
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $8K | – | – | – |
|
|
TCOV
53
Trust Company of Vermont
Brattleboro,
Vermont
| $6K | – | – | – |
|
|
RAM
54
Riggs Asset Management
Dallas,
Pennsylvania
| $5K | – | – | – |
|
|
FIA
55
FNY Investment Advisers
New York
| $5K | +$604 | +40 | +14% |
|
56
Fifth Third Bancorp
Cincinnati,
Ohio
| $4K | – | – | – |
|
|
MCM
57
McMillion Capital Management
Greensboro,
North Carolina
| $3K | +$3.02K | +200 | New |
|
|
GFPC
58
Global Financial Private Capital
Sarasota,
Florida
| – | -$667K | -44,750 | Closed |
|
|
VF
59
Virtu Financial
New York
| – | -$249K | -16,763 | Closed |
|
|
FFC
60
First Financial Corp
Terre Haute,
Indiana
| – | -$60K | -4,050 | Closed |
|
|
AIC
61
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$45K | -3,005 | Closed |
|
62
Bessemer Group
Woodbridge,
New Jersey
| – | -$28K | -1,894 | Closed |
|
MUA Hedge Fund Activity: Q2 2019 in Review
57 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniAssets Fund (MUA) for Q2 2019, worth a combined $46.2M — up 12% from $41.2M a quarter earlier.
Fund positioning in MUA was balanced in Q2 2019: 6 funds opened new positions, 6 closed out, 14 added to existing stakes and 15 trimmed.
The largest buyer was KeyBank National Association, adding an estimated $2.61M. The largest seller was Global Financial Private Capital, exiting entirely with an estimated $667K sold.
- 57 institutional investors held BlackRock MuniAssets Fund (MUA) as of Q2 2019, unchanged from Q1 2019.
- Funds reported $46.2M of BlackRock MuniAssets Fund stock for Q2 2019, up 12% quarter-over-quarter.
- 6 funds opened new BlackRock MuniAssets Fund positions in Q2 2019 and 6 closed out, a net change of 0 holders.
- The largest BlackRock MuniAssets Fund buyer in Q2 2019 was KeyBank National Association, an estimated $2.61M added.
- The largest BlackRock MuniAssets Fund seller in Q2 2019 was Global Financial Private Capital, an estimated $667K sold.
Based on aggregated 13F filings for Q2 2019.