BlackRock MuniAssets Fund
MUA
67 hedge funds and large institutions have $73.4M invested in BlackRock MuniAssets Fund in 2023 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 24 increasing their positions, 17 reducing their positions, and 8 closing their positions.
41% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 17
1.44% more ownership
Funds ownership: 17.28% → 18.72% (+1.4%)
5% more capital invested
Capital invested by funds: $69.9M → $73.4M (+$3.49M)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
3% less funds holding
Funds holding: 69 → 67 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$3.7M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.04M |
| 3 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$549K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$365K |
| 5 |
Mariner
Overland Park,
Kansas
|
+$347K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$371K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$277K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$266K |
| 4 |
KeyBank National Association
Cleveland,
Ohio
|
-$178K |
| 5 |
ACM
Argyle Capital Management
Center Valley,
Pennsylvania
|
-$145K |
MUA Hedge Fund Activity: Q2 2023 in Review
67 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniAssets Fund (MUA) for Q2 2023, worth a combined $73.4M — up 5% from $69.9M a quarter earlier.
Fund positioning in MUA was balanced in Q2 2023: 8 funds opened new positions, 8 closed out, 24 added to existing stakes and 17 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $3.7M. The largest seller was UBS Group, cutting an estimated $371K.
- 67 institutional investors held BlackRock MuniAssets Fund (MUA) as of Q2 2023, down from 69 in Q1 2023.
- Funds reported $73.4M of BlackRock MuniAssets Fund stock for Q2 2023, up 5% quarter-over-quarter.
- 8 funds opened new BlackRock MuniAssets Fund positions in Q2 2023 and 8 closed out, a net change of 0 holders.
- The largest BlackRock MuniAssets Fund buyer in Q2 2023 was Rivernorth Capital Management, an estimated $3.7M added.
- The largest BlackRock MuniAssets Fund seller in Q2 2023 was UBS Group, an estimated $371K sold.
Based on aggregated 13F filings for Q2 2023.