BlackRock MuniHoldings California Quality Fund
MUC
54 hedge funds and large institutions have $69.7M invested in BlackRock MuniHoldings California Quality Fund in 2016 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 15 increasing their positions, 13 reducing their positions, and 5 closing their positions.
220% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 5
26% more funds holding
Funds holding: 43 → 54 (+11)
15% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 13
1.88% more ownership
Funds ownership: 10.24% → 12.12% (+1.9%)
4% more capital invested
Capital invested by funds: $67.3M → $69.7M (+$2.42M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$5.03M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.71M |
| 3 |
Morgan Stanley
New York
|
+$1.48M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.22M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$837K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Karp Capital Management
Sausalito,
California
|
-$1.55M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$996K |
| 3 |
GKWIM
Gerber Kawasaki Wealth & Investment Management
Santa Monica,
California
|
-$780K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$602K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$432K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Creative Planning
Overland Park,
Kansas
| $34K | +$4.6K | +316 | +15% |
|
|
MFS
52
MSI Financial Services
Springfield,
Massachusetts
| $24K | +$44 | +3 | +0.2% |
|
|
DADC
53
D.A. Davidson & Co
Great Falls,
Montana
| $14K | +$14.6K | +1,000 | New |
|
54
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $14K | +$14.6K | +1,004 | New |
|
55
Northern Trust
Chicago,
Illinois
| $3K | +$291K | +20,000 | New |
|
|
KCM
56
Karp Capital Management
Sausalito,
California
| – | -$1.55M | -96,551 | Closed |
|
|
GKWIM
57
Gerber Kawasaki Wealth & Investment Management
Santa Monica,
California
| – | -$780K | -48,650 | Closed |
|
58
Bank of New York Mellon
New York
| – | -$386K | -24,066 | Closed |
|
|
OC
59
Oppenheimer & Co
New York
| – | -$250K | -15,591 | Closed |
|
60
US Bancorp
Minneapolis,
Minnesota
| – | -$44K | -2,741 | Closed |
|
MUC Hedge Fund Activity: Q4 2016 in Review
54 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings California Quality Fund (MUC) for Q4 2016, worth a combined $69.7M — up 3.6% from $67.3M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new MUC positions and 5 closed out — a net gain of 11 holders — while 15 added to existing stakes and 13 trimmed.
The largest buyer was Fiera Capital (Canada), opening a new position worth an estimated $5.03M. The largest seller was Karp Capital Management, exiting entirely with an estimated $1.55M sold.
- 54 institutional investors held BlackRock MuniHoldings California Quality Fund (MUC) as of Q4 2016, up from 43 in Q3 2016.
- Funds reported $69.7M of BlackRock MuniHoldings California Quality Fund stock for Q4 2016, up 3.6% quarter-over-quarter.
- 16 funds opened new BlackRock MuniHoldings California Quality Fund positions in Q4 2016 and 5 closed out, a net change of +11 holders.
- The largest BlackRock MuniHoldings California Quality Fund buyer in Q4 2016 was Fiera Capital (Canada), an estimated $5.03M added.
- The largest BlackRock MuniHoldings California Quality Fund seller in Q4 2016 was Karp Capital Management, an estimated $1.55M sold.
Based on aggregated 13F filings for Q4 2016.