BlackRock MuniAssets Fund
MUA
42 hedge funds and large institutions have $23M invested in BlackRock MuniAssets Fund in 2013 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 12 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
42% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 12
8% more funds holding
Funds holding: 39 → 42 (+3)
0.15% more ownership
Funds ownership: 5.24% → 5.4% (+0.15%)
3% less capital invested
Capital invested by funds: $23.7M → $23M (-$708K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$1.23M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
+$690K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$465K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$296K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$275K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.9M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$573K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$357K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$286K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$243K |
MUA Hedge Fund Activity: Q3 2013 in Review
42 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniAssets Fund (MUA) for Q3 2013, worth a combined $23M — down 3% from $23.7M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new MUA positions and 5 closed out — a net gain of 3 holders — while 17 added to existing stakes and 12 trimmed.
The largest buyer was UBS, adding an estimated $1.23M. The largest seller was Raymond James & Associates, exiting entirely with an estimated $1.9M sold.
- 42 institutional investors held BlackRock MuniAssets Fund (MUA) as of Q3 2013, up from 39 in Q2 2013.
- Funds reported $23M of BlackRock MuniAssets Fund stock for Q3 2013, down 3% quarter-over-quarter.
- 8 funds opened new BlackRock MuniAssets Fund positions in Q3 2013 and 5 closed out, a net change of +3 holders.
- The largest BlackRock MuniAssets Fund buyer in Q3 2013 was UBS, an estimated $1.23M added.
- The largest BlackRock MuniAssets Fund seller in Q3 2013 was Raymond James & Associates, an estimated $1.9M sold.
Based on aggregated 13F filings for Q3 2013.