BlackRock MuniAssets Fund
MUA
57 hedge funds and large institutions have $41.2M invested in BlackRock MuniAssets Fund in 2019 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 10 reducing their positions, and 6 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 10
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
20% more capital invested
Capital invested by funds: $34.2M → $41.2M (+$6.91M)
2% more funds holding
Funds holding: 56 → 57 (+1)
0.35% more ownership
Funds ownership: 7.34% → 7.69% (+0.35%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KeyBank National Association
Cleveland,
Ohio
|
+$1.18M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$538K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$512K |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$383K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$382K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$1.63M |
| 2 |
NCM
Narwhal Capital Management
Marietta,
Georgia
|
-$928K |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$297K |
| 4 |
VanEck Associates
New York
|
-$232K |
| 5 |
TSS
Two Sigma Securities
New York
|
-$201K |
MUA Hedge Fund Activity: Q1 2019 in Review
57 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniAssets Fund (MUA) for Q1 2019, worth a combined $41.2M — up 20% from $34.2M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new MUA positions and 6 closed out — a net gain of 2 holders — while 16 added to existing stakes and 10 trimmed.
The largest buyer was KeyBank National Association, opening a new position worth an estimated $1.18M. The largest seller was UBS Group, cutting an estimated $1.63M.
- 57 institutional investors held BlackRock MuniAssets Fund (MUA) as of Q1 2019, up from 56 in Q4 2018.
- Funds reported $41.2M of BlackRock MuniAssets Fund stock for Q1 2019, up 20% quarter-over-quarter.
- 8 funds opened new BlackRock MuniAssets Fund positions in Q1 2019 and 6 closed out, a net change of +2 holders.
- The largest BlackRock MuniAssets Fund buyer in Q1 2019 was KeyBank National Association, an estimated $1.18M added.
- The largest BlackRock MuniAssets Fund seller in Q1 2019 was UBS Group, an estimated $1.63M sold.
Based on aggregated 13F filings for Q1 2019.