BlackRock MuniHoldings California Quality Fund
33 hedge funds and large institutions have $30.5M invested in BlackRock MuniHoldings California Quality Fund in 2013 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
18% more funds holding
Funds holding: 28 → 33 (+5)
11% more capital invested
Capital invested by funds: $27.5M → $30.5M (+$3.06M)
0.87% more ownership
Funds ownership: 4.7% → 5.56% (+0.87%)
0% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.17M |
| 2 |
Goldman Sachs
New York
|
+$1.63M |
| 3 |
FTCM
Fir Tree Capital Management
New York
|
+$925K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$665K |
| 5 |
FFA
First Foundation Advisors
Irvine,
California
|
+$468K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.14M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.08M |
| 3 |
OFG
OTA Financial Group
Purchase,
New York
|
-$445K |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$418K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$245K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EMA
26
Efficient Market Advisors
San Diego,
California
| $67K | – | – | – |
|
|
EWM
27
Evercore Wealth Management
New York
| $22K | – | – | – |
|
|
AA
28
Apriem Advisors
Irvine,
California
| $13K | – | – | – |
|
29
Ameriprise
Minneapolis,
Minnesota
| $10K | +$9.35K | +700 | New |
|
|
FAM
30
Formidable Asset Management
Cincinnati,
Ohio
| $10K | +$10.2K | +762 | New |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| $6K | -$6.18K | -463 | -51% |
|
32
Northern Trust
Chicago,
Illinois
| $5K | -$7.37K | -552 | -2% |
|
|
LTFS
33
Ladenburg Thalmann Financial Services
Miami,
Florida
| $4K | – | – | – |
|
|
OFG
34
OTA Financial Group
Purchase,
New York
| – | -$445K | -30,657 | Closed |
|
|
DA
35
Doliver Advisors
Houston,
Texas
| – | -$245K | -16,830 | Closed |
|
|
SFSIG
36
San Francisco Sentry Investment Group
San Francisco,
California
| – | -$7K | -500 | Closed |
|
MUC Hedge Fund Activity: Q3 2013 in Review
33 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings California Quality Fund (MUC) for Q3 2013, worth a combined $30.5M — up 11% from $27.5M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new MUC positions and 3 closed out — a net gain of 5 holders — while 10 added to existing stakes and 10 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.17M. The largest seller was Invesco, cutting an estimated $1.14M.
- 33 institutional investors held BlackRock MuniHoldings California Quality Fund (MUC) as of Q3 2013, up from 28 in Q2 2013.
- Funds reported $30.5M of BlackRock MuniHoldings California Quality Fund stock for Q3 2013, up 11% quarter-over-quarter.
- 8 funds opened new BlackRock MuniHoldings California Quality Fund positions in Q3 2013 and 3 closed out, a net change of +5 holders.
- The largest BlackRock MuniHoldings California Quality Fund buyer in Q3 2013 was Morgan Stanley, an estimated $3.17M added.
- The largest BlackRock MuniHoldings California Quality Fund seller in Q3 2013 was Invesco, an estimated $1.14M sold.
Based on aggregated 13F filings for Q3 2013.