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BlackRock MuniHoldings California Quality Fund

92 hedge funds and large institutions have $263M invested in BlackRock MuniHoldings California Quality Fund in 2023 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 23 increasing their positions, 30 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

20% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 10

2.66% more ownership

Funds ownership: 25.54%28.2% (+2.7%)

2% more funds holding

Funds holding: 9092 (+2)

3% less capital invested

Capital invested by funds: $270M → $263M (-$7.34M)

23% less repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 30

Holders
92
Holders Change
+2
Holders Change %
+2.22%
% of All Funds
1.46%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
12
Increased
23
Reduced
30
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Rockefeller Capital Management
26
Rockefeller Capital Management
New York
$911K -$69.5K -6,637 -7%
Cetera Investment Advisers
27
Cetera Investment Advisers
Illinois
$866K -$13.9K -1,325 -1%
Bank of New York Mellon
28
Bank of New York Mellon
New York
$825K -$241 -23 -0%
Osaic Holdings
29
Osaic Holdings
Arizona
$772K +$251K +23,973 +42%
MWM
30
Melfa Wealth Management
Massachusetts
$755K +$2.76K +264 +0.3%
MC
31
Matisse Capital
Oregon
$751K
CW
32
Channel Wealth
California
$691K -$157K -15,026 -17%
Royal Bank of Canada
33
Royal Bank of Canada
Ontario, Canada
$646K -$127K -12,108 -15%
SWP
34
Stratos Wealth Partners
Ohio
$632K +$293 +28 +0%
Commonwealth Equity Services
35
Commonwealth Equity Services
Massachusetts
$588K -$55.2K -5,273 -8%
AC
36
Almitas Capital
California
$570K +$624K +59,661 New
JP Morgan Chase
37
JP Morgan Chase
New York
$502K +$526K +50,237 +2,166%
LCM
38
Landscape Capital Management
New Jersey
$419K -$191K -18,236 -29%
Cerity Partners
39
Cerity Partners
New York
$390K
JWA
40
JFS Wealth Advisors
Pennsylvania
$382K -$105K -10,000 -20%
FPCP
41
Fort Point Capital Partners
California
$343K +$197K +18,820 +110%
RCM
42
RB Capital Management
Nevada
$331K -$2.73K -261 -0.7%
WS
43
Wedbush Securities
California
$303K +$34.7K +3,312 +12%
TIM
44
Tortoise Investment Management
New York
$302K +$138K +13,200 +72%
Susquehanna International Group
45
Susquehanna International Group
Pennsylvania
$300K -$150K -14,297 -31%
VCM
46
Vivaldi Capital Management
Illinois
$277K +$199 +19 +0.1%
PNC Financial Services Group
47
PNC Financial Services Group
Pennsylvania
$259K
SA
48
Strategic Advocates
Utah
$245K +$268K +25,652 New
SPIA
49
Steward Partners Investment Advisory
New York
$245K +$10.5K +1,000 +4%
AWM
50
Axxcess Wealth Management
California
$243K

MUC Hedge Fund Activity: Q3 2023 in Review

92 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings California Quality Fund (MUC) for Q3 2023, worth a combined $263M — down 2.7% from $270M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new MUC positions and 10 closed out — a net gain of 2 holders — while 23 added to existing stakes and 30 trimmed.

The largest buyer was Saba Capital Management, adding an estimated $19.6M. The largest seller was Penserra Capital Management, exiting entirely with an estimated $2.55M sold.

  • 92 institutional investors held BlackRock MuniHoldings California Quality Fund (MUC) as of Q3 2023, up from 90 in Q2 2023.
  • Funds reported $263M of BlackRock MuniHoldings California Quality Fund stock for Q3 2023, down 2.7% quarter-over-quarter.
  • 12 funds opened new BlackRock MuniHoldings California Quality Fund positions in Q3 2023 and 10 closed out, a net change of +2 holders.
  • The largest BlackRock MuniHoldings California Quality Fund buyer in Q3 2023 was Saba Capital Management, an estimated $19.6M added.
  • The largest BlackRock MuniHoldings California Quality Fund seller in Q3 2023 was Penserra Capital Management, an estimated $2.55M sold.

Based on aggregated 13F filings for Q3 2023.