BlackRock MuniHoldings California Quality Fund
MUC
45 hedge funds and large institutions have $66.8M invested in BlackRock MuniHoldings California Quality Fund in 2017 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 21 increasing their positions, 9 reducing their positions, and 10 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 9
1% more capital invested
Capital invested by funds: $65.9M → $66.8M (+$923K)
0.19% less ownership
Funds ownership: 11.18% → 10.99% (-0.19%)
6% less funds holding
Funds holding: 48 → 45 (-3)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.03M |
| 2 |
VCM
Vivaldi Capital Management
Chicago,
Illinois
|
+$402K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$304K |
| 4 |
SEI Investments
Oaks,
Pennsylvania
|
+$275K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$257K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.26M |
| 2 |
LCM
Laurion Capital Management
New York
|
-$926K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$369K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$265K |
| 5 |
LSA
L & S Advisors
Los Angeles,
California
|
-$217K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LSA
51
L & S Advisors
Los Angeles,
California
| – | -$217K | -15,050 | Closed |
|
|
LCM
52
Landscape Capital Management
Englewood,
New Jersey
| – | -$203K | -14,036 | Closed |
|
|
RJA
53
Raymond James & Associates
St Petersburg,
Florida
| – | -$185K | -12,791 | Closed |
|
|
TJHA
54
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| – | -$72K | -5,000 | Closed |
|
55
Creative Planning
Overland Park,
Kansas
| – | -$63K | -4,400 | Closed |
|
|
MA
56
MUFG Americas
New York
| – | -$30K | -2,048 | Closed |
|
MUC Hedge Fund Activity: Q3 2017 in Review
45 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings California Quality Fund (MUC) for Q3 2017, worth a combined $66.8M — up 1.4% from $65.9M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of MUC and 7 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 21 added.
The largest buyer was Guggenheim Capital, adding an estimated $1.03M. The largest seller was Morgan Stanley, cutting an estimated $2.26M.
- 45 institutional investors held BlackRock MuniHoldings California Quality Fund (MUC) as of Q3 2017, down from 48 in Q2 2017.
- Funds reported $66.8M of BlackRock MuniHoldings California Quality Fund stock for Q3 2017, up 1.4% quarter-over-quarter.
- 7 funds opened new BlackRock MuniHoldings California Quality Fund positions in Q3 2017 and 10 closed out, a net change of -3 holders.
- The largest BlackRock MuniHoldings California Quality Fund buyer in Q3 2017 was Guggenheim Capital, an estimated $1.03M added.
- The largest BlackRock MuniHoldings California Quality Fund seller in Q3 2017 was Morgan Stanley, an estimated $2.26M sold.
Based on aggregated 13F filings for Q3 2017.