BlackRock MuniHoldings California Quality Fund
49 hedge funds and large institutions have $111M invested in BlackRock MuniHoldings California Quality Fund in 2020 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 15 reducing their positions, and 10 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 15
5% less capital invested
Capital invested by funds: $116M → $111M (-$5.81M)
2.33% less ownership
Funds ownership: 20.31% → 17.98% (-2.3%)
4% less funds holding
Funds holding: 51 → 49 (-2)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$618K |
| 2 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
+$534K |
| 3 |
IC
Intersect Capital
San Ramon,
California
|
+$379K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$255K |
| 5 |
KCM
Karp Capital Management
Sausalito,
California
|
+$222K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$7.07M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.97M |
| 3 |
VSWA
Vontobel Swiss Wealth Advisors
Zurich,
Switzerland
|
-$2.63M |
| 4 |
FFA
First Foundation Advisors
Irvine,
California
|
-$715K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$713K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VSWA
51
Vontobel Swiss Wealth Advisors
Zurich,
Switzerland
| – | -$2.63M | -187,918 | Closed |
|
|
CRC
52
Curi RMB Capital
Chicago,
Illinois
| – | -$713K | -50,973 | Closed |
|
53
Ameriprise
Minneapolis,
Minnesota
| – | -$381K | -27,229 | Closed |
|
|
DWM
54
Dakota Wealth Management
Palm Beach Gardens,
Florida
| – | -$195K | -13,925 | Closed |
|
|
GSWM
55
Golden State Wealth Management
Santa Ana,
California
| – | -$56K | -4,000 | Closed |
|
|
PFS
56
Prospera Financial Services
Dallas,
Texas
| – | -$36K | -2,608 | Closed |
|
|
FHA
57
Flagship Harbor Advisors
Boston,
Massachusetts
| – | -$27K | -2,000 | Closed |
|
|
WAM
58
Wolverine Asset Management
Chicago,
Illinois
| – | -$14K | -1,031 | Closed |
|
|
CPW
59
Catalyst Private Wealth
San Mateo,
California
| – | -$4K | -302 | Closed |
|
MUC Hedge Fund Activity: Q4 2020 in Review
49 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings California Quality Fund (MUC) for Q4 2020, worth a combined $111M — down 5% from $116M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of MUC and 8 opened new positions — a net loss of 2 holders — while 15 trimmed existing stakes and 15 added.
The largest buyer was Morgan Stanley, adding an estimated $618K. The largest seller was Karpus Investment Management, cutting an estimated $7.07M.
- 49 institutional investors held BlackRock MuniHoldings California Quality Fund (MUC) as of Q4 2020, down from 51 in Q3 2020.
- Funds reported $111M of BlackRock MuniHoldings California Quality Fund stock for Q4 2020, down 5% quarter-over-quarter.
- 8 funds opened new BlackRock MuniHoldings California Quality Fund positions in Q4 2020 and 10 closed out, a net change of -2 holders.
- The largest BlackRock MuniHoldings California Quality Fund buyer in Q4 2020 was Morgan Stanley, an estimated $618K added.
- The largest BlackRock MuniHoldings California Quality Fund seller in Q4 2020 was Karpus Investment Management, an estimated $7.07M sold.
Based on aggregated 13F filings for Q4 2020.