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BlackRock MuniAssets Fund

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.

New
Increased
Maintained
Reduced
Closed

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: 3942 (+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)

Holders
42
Holders Change
+3
Holders Change %
+7.69%
% of All Funds
1.36%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
17
Reduced
12
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$4.09M +$165K +13,859 +4%
AAM
2
Advisors Asset Management
Colorado
$2.59M +$296K +24,846 +13%
Wells Fargo
3
Wells Fargo
California
$2.34M +$247K +20,725 +12%
Invesco
4
Invesco
Georgia
$2.07M -$357K -29,980 -15%
Bank of America
5
Bank of America
North Carolina
$1.89M +$465K +39,071 +33%
U
6
UBS
Switzerland
$1.79M +$1.23M +103,627 +221%
Commonwealth Equity Services
7
Commonwealth Equity Services
Massachusetts
$837K -$61.1K -5,140 -7%
LPL Financial
8
LPL Financial
California
$760K +$12.6K +1,058 +2%
N
9
Nuveen
North Carolina
$691K +$690K +58,000 New
OC
10
Oarsman Capital
Wisconsin
$608K +$56.7K +4,770 +10%
PPA
11
Parametric Portfolio Associates
Washington
$506K +$275K +23,139 +119%
GEM
12
Global Endowment Management
North Carolina
$424K
KIM
13
Karpus Investment Management
New York
$336K +$133K +11,187 +66%
First Trust Advisors
14
First Trust Advisors
Illinois
$312K -$197K -16,569 -39%
VanEck Associates
15
VanEck Associates
New York
$310K +$15.7K +1,321 +5%
GC
16
Guggenheim Capital
Illinois
$302K -$130K -10,917 -30%
RJFSA
17
Raymond James Financial Services Advisors
Florida
$285K -$91.4K -7,681 -24%
RCYC
18
Richard C. Young & Co
Rhode Island
$266K +$266K +22,336 New
FTCM
19
Fir Tree Capital Management
New York
$214K +$214K +17,972 New
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$211K -$206K -17,319 -49%
WS
21
Wedbush Securities
California
$197K +$8.66K +728 +5%
ACM
22
Argyle Capital Management
Pennsylvania
$174K
AIG
23
American International Group
New York
$161K +$95.3K +8,012 +145%
CAN
24
Cetera Advisor Networks
California
$149K +$148K +12,467 New
PP
25
Paloma Partners
Connecticut
$144K +$10.9K +919 +8%

MUA Hedge Fund Activity: Q3 2013 in Review

42 of the 3,084 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.