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BlackRock MuniHoldings California Quality Fund

59 hedge funds and large institutions have $100M invested in BlackRock MuniHoldings California Quality Fund in 2019 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 24 increasing their positions, 11 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

118% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 11

1.54% more ownership

Funds ownership: 18.47%20.01% (+1.5%)

4% more capital invested

Capital invested by funds: $96.4M → $100M (+$3.81M)

5% less funds holding

Funds holding: 6259 (-3)

27% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 11

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
59
Holders Change
-3
Holders Change %
-4.84%
% of All Funds
1.29%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
8
Increased
24
Reduced
11
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RFA
51
Reilly Financial Advisors
California
$41K -$10.5K -750 -21%
FHA
52
Flagship Harbor Advisors
Massachusetts
$28K
AIC
53
Ameritas Investment Company
Nebraska
$21K +$21K +1,500 New
RCM
54
Rivernorth Capital Management
Florida
$15.6K +$8.55M +609,982 +123%
LTFS
55
Ladenburg Thalmann Financial Services
Florida
$14K
PAM
56
Panagora Asset Management
Massachusetts
$13K +$12.8K +915 New
FCB
57
First Command Bank
Texas
$7K +$7.36K +525 New
FCFS
58
First Command Financial Services
Texas
$7K +$7.36K +525 New
EW
59
Evoke Wealth
California
$3.73K +$3.69K +263 New
AC
60
Almitas Capital
California
-$3.49M -255,934 Closed
MML Investors Services
61
MML Investors Services
Massachusetts
-$436K -31,960 Closed
BPA
62
Beacon Pointe Advisors
California
-$432K -31,656 Closed
FIA
63
FNY Investment Advisers
New York
-$221K -16,213 Closed
Geode Capital Management
64
Geode Capital Management
Massachusetts
-$216K -15,860 Closed
Northern Trust
65
Northern Trust
Illinois
-$2K -14,364 Closed
First Trust Advisors
66
First Trust Advisors
Illinois
-$193K -14,135 Closed
Mercer Global Advisors
67
Mercer Global Advisors
Colorado
-$190K -13,892 Closed
Walleye Capital
68
Walleye Capital
New York
-$145K -10,600 Closed
Millennium Management
69
Millennium Management
New York
-$142K -10,409 Closed
TRCT
70
Tower Research Capital (TRC)
New York
-$62K -4,515 Closed

MUC Hedge Fund Activity: Q3 2019 in Review

59 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings California Quality Fund (MUC) for Q3 2019, worth a combined $100M — up 3.9% from $96.4M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of MUC and 8 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 24 added.

The largest buyer was Rivernorth Capital Management, adding an estimated $8.55M. The largest seller was Robinson Capital Management, cutting an estimated $3.6M.

  • 59 institutional investors held BlackRock MuniHoldings California Quality Fund (MUC) as of Q3 2019, down from 62 in Q2 2019.
  • Funds reported $100M of BlackRock MuniHoldings California Quality Fund stock for Q3 2019, up 3.9% quarter-over-quarter.
  • 8 funds opened new BlackRock MuniHoldings California Quality Fund positions in Q3 2019 and 11 closed out, a net change of -3 holders.
  • The largest BlackRock MuniHoldings California Quality Fund buyer in Q3 2019 was Rivernorth Capital Management, an estimated $8.55M added.
  • The largest BlackRock MuniHoldings California Quality Fund seller in Q3 2019 was Robinson Capital Management, an estimated $3.6M sold.

Based on aggregated 13F filings for Q3 2019.