BlackRock MuniAssets Fund
MUA
61 hedge funds and large institutions have $44.1M invested in BlackRock MuniAssets Fund in 2019 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 15 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
5% more funds holding
Funds holding: 58 → 61 (+3)
1% more capital invested
Capital invested by funds: $43.5M → $44.1M (+$615K)
0.16% more ownership
Funds ownership: 7.8% → 7.97% (+0.16%)
7% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 15
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KeyBank National Association
Cleveland,
Ohio
|
+$1.16M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$364K |
| 3 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
+$322K |
| 4 |
Millennium Management
New York
|
+$212K |
| 5 |
VanEck Associates
New York
|
+$150K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$946K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$400K |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$155K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$145K |
| 5 |
PAS
Partnervest Advisory Services
Santa Barbara,
California
|
-$91.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFEC
51
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $15K | +$14.7K | +961 | New |
|
|
WEC
52
Winslow Evans & Crocker
Boston,
Massachusetts
| $12K | – | – | – |
|
|
EIP
53
Ellis Investment Partners
Berwyn,
Pennsylvania
| $11K | – | – | – |
|
54
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $8K | – | – | – |
|
|
RCA
55
Ranch Capital Advisors
Sarasota,
Florida
| $7K | +$7.2K | +470 | New |
|
|
TCOV
56
Trust Company of Vermont
Brattleboro,
Vermont
| $6K | – | – | – |
|
|
RAM
57
Riggs Asset Management
Dallas,
Pennsylvania
| $5K | – | – | – |
|
58
Fifth Third Bancorp
Cincinnati,
Ohio
| $4K | – | – | – |
|
|
GI
59
Gradient Investments
Arden Hills,
Minnesota
| $4K | – | – | – |
|
|
MCM
60
McMillion Capital Management
Greensboro,
North Carolina
| $3K | – | – | – |
|
|
NFG
61
Next Financial Group
Houston,
Texas
| $3K | – | – | – |
|
|
62
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$155K | -10,000 | Closed |
|
|
FIA
63
FNY Investment Advisers
New York
| – | -$5K | -344 | Closed |
|
MUA Hedge Fund Activity: Q4 2019 in Review
61 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniAssets Fund (MUA) for Q4 2019, worth a combined $44.1M — up 1.4% from $43.5M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new MUA positions and 2 closed out — a net gain of 3 holders — while 14 added to existing stakes and 15 trimmed.
The largest buyer was KeyBank National Association, adding an estimated $1.16M. The largest seller was Raymond James & Associates, cutting an estimated $946K.
- 61 institutional investors held BlackRock MuniAssets Fund (MUA) as of Q4 2019, up from 58 in Q3 2019.
- Funds reported $44.1M of BlackRock MuniAssets Fund stock for Q4 2019, up 1.4% quarter-over-quarter.
- 5 funds opened new BlackRock MuniAssets Fund positions in Q4 2019 and 2 closed out, a net change of +3 holders.
- The largest BlackRock MuniAssets Fund buyer in Q4 2019 was KeyBank National Association, an estimated $1.16M added.
- The largest BlackRock MuniAssets Fund seller in Q4 2019 was Raymond James & Associates, an estimated $946K sold.
Based on aggregated 13F filings for Q4 2019.