BlackRock MuniHoldings California Quality Fund
46 hedge funds and large institutions have $117M invested in BlackRock MuniHoldings California Quality Fund in 2021 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 16 increasing their positions, 13 reducing their positions, and 9 closing their positions.
23% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 13
0.86% less ownership
Funds ownership: 19.15% → 18.29% (-0.86%)
6% less capital invested
Capital invested by funds: $125M → $117M (-$7.57M)
15% less funds holding
Funds holding: 54 → 46 (-8)
89% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.43M |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$547K |
| 3 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$441K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$270K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$246K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFA
First Foundation Advisors
Irvine,
California
|
-$1.79M |
| 2 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$1.62M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$1.51M |
| 4 |
MSL
Mackay Shields LLC
New York
|
-$1.22M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$933K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BA
51
Bridge Advisory
Pasadena,
California
| – | -$164K | -10,301 | Closed |
|
52
US Bancorp
Minneapolis,
Minnesota
| – | -$152K | -9,545 | Closed |
|
|
FFG
53
Ford Financial Group
Fresno,
California
| – | -$151K | -9,500 | Closed |
|
54
Citigroup
New York
| – | -$97K | -6,070 | Closed |
|
|
LC
55
Lindbrook Capital
Calabasas,
California
| – | -$22K | -1,400 | Closed |
|
MUC Hedge Fund Activity: Q3 2021 in Review
46 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings California Quality Fund (MUC) for Q3 2021, worth a combined $117M — down 6.1% from $125M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of MUC and 1 opened new positions — a net loss of 8 holders — while 13 trimmed existing stakes and 16 added.
The largest buyer was Morgan Stanley, adding an estimated $1.43M. The largest seller was First Foundation Advisors, cutting an estimated $1.79M.
- 46 institutional investors held BlackRock MuniHoldings California Quality Fund (MUC) as of Q3 2021, down from 54 in Q2 2021.
- Funds reported $117M of BlackRock MuniHoldings California Quality Fund stock for Q3 2021, down 6.1% quarter-over-quarter.
- 1 fund opened new BlackRock MuniHoldings California Quality Fund positions in Q3 2021 and 9 closed out, a net change of -8 holders.
- The largest BlackRock MuniHoldings California Quality Fund buyer in Q3 2021 was Morgan Stanley, an estimated $1.43M added.
- The largest BlackRock MuniHoldings California Quality Fund seller in Q3 2021 was First Foundation Advisors, an estimated $1.79M sold.
Based on aggregated 13F filings for Q3 2021.