BlackRock MuniAssets Fund
MUA
58 hedge funds and large institutions have $43.5M invested in BlackRock MuniAssets Fund in 2019 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 16 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
2% more funds holding
Funds holding: 57 → 58 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.29% less ownership
Funds ownership: 8.09% → 7.8% (-0.29%)
6% less capital invested
Capital invested by funds: $46.2M → $43.5M (-$2.64M)
13% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KeyBank National Association
Cleveland,
Ohio
|
+$2.24M |
| 2 |
PAS
Partnervest Advisory Services
Santa Barbara,
California
|
+$259K |
| 3 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$160K |
| 4 |
VanEck Associates
New York
|
+$83.9K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$79.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$2.07M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$1.52M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$428K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$197K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$110K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $8K | – | – | – |
|
|
TCOV
52
Trust Company of Vermont
Brattleboro,
Vermont
| $6K | – | – | – |
|
|
RAM
53
Riggs Asset Management
Dallas,
Pennsylvania
| $5K | – | – | – |
|
|
FIA
54
FNY Investment Advisers
New York
| $5K | +$307 | +20 | +6% |
|
55
Fifth Third Bancorp
Cincinnati,
Ohio
| $4K | – | – | – |
|
|
GI
56
Gradient Investments
Arden Hills,
Minnesota
| $4K | +$3.85K | +251 | New |
|
|
NFG
57
Next Financial Group
Houston,
Texas
| $3K | -$8.07K | -526 | -76% |
|
|
MCM
58
McMillion Capital Management
Greensboro,
North Carolina
| $3K | – | – | – |
|
|
59
Envestnet Asset Management
Chicago,
Illinois
| – | -$2.07M | -130,391 | Closed |
|
|
BCI
60
Brinker Capital Investments
Berwyn,
Pennsylvania
| – | -$93K | -5,849 | Closed |
|
MUA Hedge Fund Activity: Q3 2019 in Review
58 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniAssets Fund (MUA) for Q3 2019, worth a combined $43.5M — down 5.7% from $46.2M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new MUA positions and 2 closed out — a net gain of 1 holder — while 14 added to existing stakes and 16 trimmed.
The largest buyer was KeyBank National Association, adding an estimated $2.24M. The largest seller was Envestnet Asset Management, exiting entirely with an estimated $2.07M sold.
- 58 institutional investors held BlackRock MuniAssets Fund (MUA) as of Q3 2019, up from 57 in Q2 2019.
- Funds reported $43.5M of BlackRock MuniAssets Fund stock for Q3 2019, down 5.7% quarter-over-quarter.
- 3 funds opened new BlackRock MuniAssets Fund positions in Q3 2019 and 2 closed out, a net change of +1 holder.
- The largest BlackRock MuniAssets Fund buyer in Q3 2019 was KeyBank National Association, an estimated $2.24M added.
- The largest BlackRock MuniAssets Fund seller in Q3 2019 was Envestnet Asset Management, an estimated $2.07M sold.
Based on aggregated 13F filings for Q3 2019.