BlackRock MuniHoldings California Quality Fund
MUC
48 hedge funds and large institutions have $115M invested in BlackRock MuniHoldings California Quality Fund in 2021 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 20 increasing their positions, 13 reducing their positions, and 5 closing their positions.
54% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 13
4% more capital invested
Capital invested by funds: $111M → $115M (+$4.51M)
0.67% more ownership
Funds ownership: 17.98% → 18.65% (+0.67%)
2% less funds holding
Funds holding: 49 → 48 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$3.54M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$1.21M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.06M |
| 4 |
MSL
Mackay Shields LLC
New York
|
+$924K |
| 5 |
Morgan Stanley
New York
|
+$482K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$1.79M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.69M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.53M |
| 4 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
-$552K |
| 5 |
JWA
JFS Wealth Advisors
Hermitage,
Pennsylvania
|
-$347K |
MUC Hedge Fund Activity: Q1 2021 in Review
48 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings California Quality Fund (MUC) for Q1 2021, worth a combined $115M — up 4.1% from $111M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of MUC and 4 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 20 added.
The largest buyer was Bank of America, adding an estimated $3.54M. The largest seller was Fiera Capital (Canada), cutting an estimated $1.79M.
- 48 institutional investors held BlackRock MuniHoldings California Quality Fund (MUC) as of Q1 2021, down from 49 in Q4 2020.
- Funds reported $115M of BlackRock MuniHoldings California Quality Fund stock for Q1 2021, up 4.1% quarter-over-quarter.
- 4 funds opened new BlackRock MuniHoldings California Quality Fund positions in Q1 2021 and 5 closed out, a net change of -1 holder.
- The largest BlackRock MuniHoldings California Quality Fund buyer in Q1 2021 was Bank of America, an estimated $3.54M added.
- The largest BlackRock MuniHoldings California Quality Fund seller in Q1 2021 was Fiera Capital (Canada), an estimated $1.79M sold.
Based on aggregated 13F filings for Q1 2021.