BlackRock MuniHoldings California Quality Fund
MUC
51 hedge funds and large institutions have $73.5M invested in BlackRock MuniHoldings California Quality Fund in 2017 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 18 reducing their positions, and 8 closing their positions.
5% more capital invested
Capital invested by funds: $69.7M → $73.5M (+$3.75M)
0.58% more ownership
Funds ownership: 12.12% → 12.7% (+0.58%)
0% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 18
6% less funds holding
Funds holding: 54 → 51 (-3)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$2.37M |
| 2 |
KCM
Karp Capital Management
Sausalito,
California
|
+$1.08M |
| 3 |
LPL Financial
San Diego,
California
|
+$847K |
| 4 |
Morgan Stanley
New York
|
+$807K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$720K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$724K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$523K |
| 3 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$446K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$354K |
| 5 |
Squarepoint
New York
|
-$325K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
51
Ladenburg Thalmann Financial Services
Miami,
Florida
| $9K | -$42.5K | -3,000 | -82% |
|
52
Northern Trust
Chicago,
Illinois
| $3K | +$34.3K | +2,416 | +12% |
|
|
WAM
53
Weiss Asset Management
Boston,
Massachusetts
| – | -$446K | -31,653 | Closed |
|
|
54
Squarepoint
New York
| – | -$325K | -23,100 | Closed |
|
55
M&T Bank
Buffalo,
New York
| – | -$223K | -15,822 | Closed |
|
|
TSS
56
Two Sigma Securities
New York
| – | -$152K | -10,764 | Closed |
|
57
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$149K | -10,566 | Closed |
|
|
NFG
58
Next Financial Group
Houston,
Texas
| – | -$143K | -10,150 | Closed |
|
|
TWA
59
TCI Wealth Advisors
Tucson,
Arizona
| – | -$141K | -10,000 | Closed |
|
|
DADC
60
D.A. Davidson & Co
Great Falls,
Montana
| – | -$14K | -1,000 | Closed |
|
MUC Hedge Fund Activity: Q1 2017 in Review
51 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings California Quality Fund (MUC) for Q1 2017, worth a combined $73.5M — up 5.4% from $69.7M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of MUC and 6 opened new positions — a net loss of 2 holders — while 18 trimmed existing stakes and 18 added.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $2.37M. The largest seller was Landscape Capital Management, cutting an estimated $724K.
- 51 institutional investors held BlackRock MuniHoldings California Quality Fund (MUC) as of Q1 2017, down from 54 in Q4 2016.
- Funds reported $73.5M of BlackRock MuniHoldings California Quality Fund stock for Q1 2017, up 5.4% quarter-over-quarter.
- 6 funds opened new BlackRock MuniHoldings California Quality Fund positions in Q1 2017 and 8 closed out, a net change of -2 holders.
- The largest BlackRock MuniHoldings California Quality Fund buyer in Q1 2017 was Laurion Capital Management, an estimated $2.37M added.
- The largest BlackRock MuniHoldings California Quality Fund seller in Q1 2017 was Landscape Capital Management, an estimated $724K sold.
Based on aggregated 13F filings for Q1 2017.