BlackRock MuniHoldings California Quality Fund
MUC
59 hedge funds and large institutions have $70.2M invested in BlackRock MuniHoldings California Quality Fund in 2018 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 22 increasing their positions, 17 reducing their positions, and 7 closing their positions.
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
29% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 17
11% more funds holding
Funds holding: 53 → 59 (+6)
1.47% more ownership
Funds ownership: 11.55% → 13.02% (+1.5%)
4% more capital invested
Capital invested by funds: $67.2M → $70.2M (+$3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$2.45M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.33M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$1.35M |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.31M |
| 5 |
Morgan Stanley
New York
|
+$1.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JWA
JFS Wealth Advisors
Hermitage,
Pennsylvania
|
-$1.36M |
| 2 |
SG Americas Securities
New York
|
-$922K |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$402K |
| 4 |
OFG
OTA Financial Group
Purchase,
New York
|
-$338K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$263K |
MUC Hedge Fund Activity: Q1 2018 in Review
59 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings California Quality Fund (MUC) for Q1 2018, worth a combined $70.2M — up 4.5% from $67.2M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new MUC positions and 7 closed out — a net gain of 6 holders — while 22 added to existing stakes and 17 trimmed.
The largest buyer was Curi RMB Capital, opening a new position worth an estimated $2.45M. The largest seller was JFS Wealth Advisors, cutting an estimated $1.36M.
- 59 institutional investors held BlackRock MuniHoldings California Quality Fund (MUC) as of Q1 2018, up from 53 in Q4 2017.
- Funds reported $70.2M of BlackRock MuniHoldings California Quality Fund stock for Q1 2018, up 4.5% quarter-over-quarter.
- 13 funds opened new BlackRock MuniHoldings California Quality Fund positions in Q1 2018 and 7 closed out, a net change of +6 holders.
- The largest BlackRock MuniHoldings California Quality Fund buyer in Q1 2018 was Curi RMB Capital, an estimated $2.45M added.
- The largest BlackRock MuniHoldings California Quality Fund seller in Q1 2018 was JFS Wealth Advisors, an estimated $1.36M sold.
Based on aggregated 13F filings for Q1 2018.