BlackRock MuniHoldings California Quality Fund
38 hedge funds and large institutions have $64M invested in BlackRock MuniHoldings California Quality Fund in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 10 reducing their positions, and 8 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 10
2% more capital invested
Capital invested by funds: $62.8M → $64M (+$1.22M)
0.41% less ownership
Funds ownership: 10.31% → 9.9% (-0.41%)
10% less funds holding
Funds holding: 42 → 38 (-4)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $113K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$995K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$723K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$630K |
| 4 |
WMG
WESCAP Management Group
Glendale,
California
|
+$512K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$329K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.57M |
| 2 |
LCM
Laurion Capital Management
New York
|
-$2.2M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$516K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$514K |
| 5 |
KCM
Karp Capital Management
Sausalito,
California
|
-$264K |
MUC Hedge Fund Activity: Q1 2016 in Review
38 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings California Quality Fund (MUC) for Q1 2016, worth a combined $64M — up 1.9% from $62.8M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of MUC and 4 opened new positions — a net loss of 4 holders — while 10 trimmed existing stakes and 16 added.
The largest buyer was Bank of America, adding an estimated $995K. The largest seller was Morgan Stanley, cutting an estimated $2.57M.
- 38 institutional investors held BlackRock MuniHoldings California Quality Fund (MUC) as of Q1 2016, down from 42 in Q4 2015.
- Funds reported $64M of BlackRock MuniHoldings California Quality Fund stock for Q1 2016, up 1.9% quarter-over-quarter.
- 4 funds opened new BlackRock MuniHoldings California Quality Fund positions in Q1 2016 and 8 closed out, a net change of -4 holders.
- The largest BlackRock MuniHoldings California Quality Fund buyer in Q1 2016 was Bank of America, an estimated $995K added.
- The largest BlackRock MuniHoldings California Quality Fund seller in Q1 2016 was Morgan Stanley, an estimated $2.57M sold.
Based on aggregated 13F filings for Q1 2016.