BlackRock MuniHoldings California Quality Fund
51 hedge funds and large institutions have $116M invested in BlackRock MuniHoldings California Quality Fund in 2020 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 20 reducing their positions, and 7 closing their positions.
0% more funds holding
Funds holding: 51 → 51 (0)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
1.51% less ownership
Funds ownership: 21.81% → 20.31% (-1.5%)
8% less capital invested
Capital invested by funds: $126M → $116M (-$9.99M)
40% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 20
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $190K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSL
Mackay Shields LLC
New York
|
+$11.8M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$11.5M |
| 3 |
Morgan Stanley
New York
|
+$816K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$393K |
| 5 |
VIM
Vista Investment Management
Pittsburgh,
Pennsylvania
|
+$154K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$16.5M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$7.23M |
| 3 |
SCM
Saba Capital Management
New York
|
-$5.25M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.1M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$727K |
MUC Hedge Fund Activity: Q3 2020 in Review
51 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings California Quality Fund (MUC) for Q3 2020, worth a combined $116M — down 7.9% from $126M a quarter earlier.
Fund positioning in MUC was balanced in Q3 2020: 7 funds opened new positions, 7 closed out, 12 added to existing stakes and 20 trimmed.
The largest buyer was Mackay Shields LLC, adding an estimated $11.8M. The largest seller was Karpus Investment Management, cutting an estimated $16.5M.
- 51 institutional investors held BlackRock MuniHoldings California Quality Fund (MUC) as of Q3 2020, unchanged from Q2 2020.
- Funds reported $116M of BlackRock MuniHoldings California Quality Fund stock for Q3 2020, down 7.9% quarter-over-quarter.
- 7 funds opened new BlackRock MuniHoldings California Quality Fund positions in Q3 2020 and 7 closed out, a net change of 0 holders.
- The largest BlackRock MuniHoldings California Quality Fund buyer in Q3 2020 was Mackay Shields LLC, an estimated $11.8M added.
- The largest BlackRock MuniHoldings California Quality Fund seller in Q3 2020 was Karpus Investment Management, an estimated $16.5M sold.
Based on aggregated 13F filings for Q3 2020.