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BlackRock MuniHoldings California Quality Fund
MUC

91 hedge funds and large institutions have $274M invested in BlackRock MuniHoldings California Quality Fund in 2023 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 27 increasing their positions, 22 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% more capital invested

Capital invested by funds: $223M → $274M (+$51.2M)

23% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 22

13% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 15

2.06% more ownership

Funds ownership: 21.26% → 23.32% (+2.1%)

1% more funds holding

Funds holding: 90 → 91 (+1)

50% less funds holding in top 10

Funds holding in top 10: 2 → 1 (-1)

Holders
91
Holders Change
+1
Holders Change %
+1.11%
% of All Funds
1.45%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
17
Increased
27
Reduced
22
Closed
15
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
KIM
Karpus Investment Management
New York
+$6.67M
2
SCM
Saba Capital Management
New York
+$5.04M
3
SIA
Sit Investment Associates
Minnesota
+$4.74M
4
Morgan Stanley
Morgan Stanley
New York
+$3.59M
5
EWA
EP Wealth Advisors
California
+$2.67M

Top Sellers

Rank Fund Capital Flow
1
WAM
Weiss Asset Management
Massachusetts
-$2.01M
2
GC
Guggenheim Capital
Illinois
-$1.09M
3
Wells Fargo
Wells Fargo
California
-$1.06M
4
OFG
OTA Financial Group
New York
-$962K
5
Bank of America
Bank of America
North Carolina
-$821K
Name Holding Trade Value Shares
Change 		Change in
Stake
SPIA
51
Steward Partners Investment Advisory
New York
$272K – – –
KWS
52
Keystone Wealth Services
California
$271K – – –
Northwestern Mutual Wealth Management
53
Northwestern Mutual Wealth Management
Wisconsin
$247K -$30.8K -2,776 -11%
Mariner
54
Mariner
Kansas
$234K -$213K -19,256 -48%
JP Morgan Chase
55
JP Morgan Chase
New York
$233K -$89.6K -8,078 -28%
CIA
56
Capital Investment Advisors
Georgia
$231K +$17.4K +1,567 +8%
Creative Planning
57
Creative Planning
Kansas
$229K -$2.01K -181 -0.9%
SMWM
58
Silvia McColl Wealth Management
California
$224K – – –
FFA
59
First Foundation Advisors
California
$219K – – –
VIM
60
Vista Investment Management
Pennsylvania
$219K – – –
RIA
61
Realta Investment Advisors
Delaware
$184K – – –
TWP
62
Tempus Wealth Planning
California
$178K – – –
WDC
63
Woodward Diversified Capital
California
$168K – – –
MA
64
MKT Advisors
California
$165K – – –
ACI
65
Alpha Cubed Investments
California
$147K +$148K +13,320 New
WIA
66
World Investment Advisors
California
$139K – – –
GSEP
67
Golden State Equity Partners
California
$134K +$134K +12,127 New
MMA
68
Miracle Mile Advisors
California
$132K -$12.5K -1,131 -9%
PIA
69
Perennial Investment Advisors
California
$132K +$132K +11,891 New
AF
70
Allworth Financial
California
$131K – – –
KW
71
KWB Wealth
California
$129K +$133K +11,968 New
Corient Private Wealth
72
Corient Private Wealth
Florida
$124K -$18.9K -1,704 -13%
HWA
73
HCR Wealth Advisors
California
$122K – – –
DWM
74
Destination Wealth Management
California
$121K – – –
CCM
75
CTC Capital Management
Illinois
$119K -$78.7K -7,100 -40%
1 2
3
4 5

MUC Hedge Fund Activity: Q1 2023 in Review

91 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in BlackRock MuniHoldings California Quality Fund (MUC) for Q1 2023, worth a combined $274M — up 23% from $223M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new MUC positions and 15 closed out — a net gain of 2 holders — while 27 added to existing stakes and 22 trimmed.

The largest buyer was Karpus Investment Management, adding an estimated $6.67M. The largest seller was Weiss Asset Management, exiting entirely with an estimated $2.01M sold.

  • 91 institutional investors held BlackRock MuniHoldings California Quality Fund (MUC) as of Q1 2023, up from 90 in Q4 2022.
  • Funds reported $274M of BlackRock MuniHoldings California Quality Fund stock for Q1 2023, up 23% quarter-over-quarter.
  • 17 funds opened new BlackRock MuniHoldings California Quality Fund positions in Q1 2023 and 15 closed out, a net change of +2 holders.
  • The largest BlackRock MuniHoldings California Quality Fund buyer in Q1 2023 was Karpus Investment Management, an estimated $6.67M added.
  • The largest BlackRock MuniHoldings California Quality Fund seller in Q1 2023 was Weiss Asset Management, an estimated $2.01M sold.

Based on aggregated 13F filings for Q1 2023.